CBN loans to farmers hit N1tn amid rising default rate
The total amount disbursed under the Anchor Borrowers Programme of the CBN rose to N1.01tn as of the end of April. Figures obtained from the
Category : SMEs
AfDB targets wheat importation cut in Nigeria by 40% by 2023
The African Development Bank (AfDB) says the heat-tolerant wheat production, being supported by the Bank in Nigeria, will help reduce importation of the product by
CBN increases funding in economic intervention schemes, disburses N1trn to farmers
The CBN has increased its funding and interventions in various sectors to boost economic growth. Governor of the CBN, Mr Godwin Emefiele, said this on
AfDB to help Nigeria return to electronic wallet system in agric – Adesina
The African Development Bank (AfDB) says it is ready to help Nigeria return to the electronic wallet system of input distribution to farmers to boost
REA plans 10,000 mini-grids for Nigeria’s rural farmers
The Rural Electrification Agency (REA) is to deploy about 10,000 mini-grid solutions to power rural farmers by the year 2030 as part of efforts to
FG markets Calabar, Kano free trade zones to investors
The Federal Government has called on potential investors to revive, reform and transform Calabar and Kano free trade zones (FTZs) into world-class standards to make
Can Nigeria fill the gap in global palm oil supply?
As the global market comes to terms with the recent ban on palm oil exports by Indonesia, the world’s highest exporter, and attention being shifted
Diesel, freight costs drive distribution expenses as Guinness’ profit hits N15.28bn
Notwithstanding a profit after tax of N15.28 billion in its third quarter (Q3) ended March 31, 2022, an increase of 731 per cent from N1.84
Micro economic implications of selling sachet water at N20
A current micro economic uncertainty the common man is facing is the 100 per cent increase in the price of sachet water from N10 to
Fuel crisis: Small business owners seek FG’s intervention to revive businesses
Small business owners have urged the Federal Government to provide palliatives to serve as succour for losses recorded from recent blackouts, fuel crises and high
