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AGSMEIS loan – The Agric Small and Medium Enterprise Scheme (AGSMEIS) is a Central Bank of Nigeria (CBN) initiative to empower agric businesses throughout the country. This post will teach you how to apply for a CBN AGSMEIS loan in Nigeria. The CBN AGSMEIS loan application for 2021 is still open, and we’re here to […]

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has expressed satisfaction with the level of interest in agriculture and the impacts the sector has seen over the last six years, stating that the bank is playing a key role in the sector to create jobs and drive growth. Speaking to journalists at […]

The Cocoa Farmers Association of Nigeria (CFAN) has urged the Federal Government to create a development fund to increase cocoa production from 250,000 metric tonnes (MT) to 500,000 MT over the next five years. CFAN highlighted challenges affecting the sector in a communiqué issued at the conclusion of the recent National Cocoa Summit, such as […]

The Federal Government has begun training and empowering smallholder farmers in Abia State in cassava value chain production. The training, which included women and youths from Omoba in the state’s Isialangwa North Local GoveThe training, which included women and youths from Omoba in the state’s Isialangwa North Local Government Area, was held at the Federal […]

On Thursday, Vice President Yemi Osinbajo announced the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Program. As part of the federal government’s response to the Covid-19 crisis, the program is being implemented with a N750 million loan from the World Bank. Vice President Yemi Osinbajo announced the funds before the National Economic Council NEC […]

Green Sahara Farms has started planting economically beneficial trees in four different states. As part of its Green Tree Thrift scheme, the farm has begun providing 300 nursery Cashew Avocado and Gum Arabic trees to each household in the beneficiary states, from which they can earn a minimum of N3 million annually beginning in the […]

The Federal Government has projected that its National Development Plan (NDP) will lift 35 million Nigerians out of poverty and create 21 million jobs within the next three years. The federal and state governments, as well as the private sector, will fund the plan, with an investment size of N348.1trillion. The funders from the public […]

In Ogun State, the Federal Government’s COVID-19 intervention fund has enlisted the help of nearly 7,000 small-scale business owners and craftsmen. According to ‘Tunde Adebiyi, the Coordinator of Ogun State Coordinating Units (Ogun SOCU), the beneficiaries will receive N5,000 apiece for six months to supplement their income at https://guardian.ng/business-services/7000-sme-owners-artisans-captured-for-covid-19-intervention-fund/   There is a need to […]

The Central Bank of Nigeria has said that the banking sector will increase access to loans for Nigerian households and businesses in 2022. This was disclosed by Governor of the Central Bank of Nigeria, Godwin Emefiele, in a statement. He stressed the need for all stakeholders to work to build a more resilient economy that […]

The Central Bank of Nigeria has stated that employment growth is the best bet for alleviating poverty, as Nigeria’s economy needs to expand at a much faster rate.. This was disclosed by CBN deputy governor, Adamu, Edward Lametek,  in his statement at the last MPC meeting at https://nairametrics.com/2022/01/04/cbn-says-nigeria-needs-to-grow-faster-to-alleviate-poverty/ According to the world poverty clock, 41% […]