The Bank of Industry (BoI) has achieved a historic milestone in its mission to industrialize Nigeria, announcing a record-breaking total fund disbursement of ₦636 billion to businesses in 2025. This achievement, hailed by President Bola Tinubu on February 12, 2026, marks the highest annual financing volume in the bank’s history and serves as a critical […]
By Ukpono Ukpong The Executive Director, Leventis Foundation, Nigeria, Dr Hope Usieta, has called on the federal government to support graduates in agribusiness with grants and start-up parks to enable them to set up their own businesses and become employers of labour. Usieta made the call during the Leventis Foundation class of 2023 graduation ceremony, […]
Joy Obakeye Chi Farms Ltd., a member of the TGI Group and a leading agribusiness company in Nigeria, has upgraded its Grandparent Stock (GPS) farm by modernizing its pen houses and hatcheries, in order to continuously evolve with global best standards. The farm located in Sangobiyi village, along Lagos-Ibadan Expressway, was upgraded in collaboration with […]
Manufacturers have praised efforts of the Central Bank of Nigeria (CBN) on planned disbursement of N93.2 billion out of N1 trillion intervention fund targeted at manufacturing and agribusiness sectors for economic recovery, post COVID-19. Dr. Muda Yusuf, Director-General, Lagos Chamber of Commerce and Industry (LCCI), in an interview with News Agency of Nigeria (NAN) in […]
Abuja – AFEX Commodity Exchange, a private sector commodities exchange, has won the Institute of Agribusiness Management Nigeria’s (IAMN) Technology Innovation for Agribusiness Investment award. A statement issued by the AFEX’s Brand and Communication Lead, Obianuju Okafor on Wednesday in Abuja, said the award was given at the fifth edition of IAMN’s National Agribusiness Conference […]
…Trade within AfCFTA worth $3.3trn – Adesina Philip Clement – Abuja The African Development Bank (AfDB) says it is currently investing $25 billion to help make agriculture and agribusiness Africa’s biggest industry. The AfDB, also, disclosed that the size of trade within the African Continental Free Trade Area (AfCFTA) is worth 3.3 trillion dollars. The […]
Godwin Anyebe FirstBank of Nigeria Limited has announced that its 2019 edition of FirstBank Agric Expo – the third in the series, would promote new business opportunity in the country. The lender’s Agric Expo will hold on Friday 2019 at the Eko Hotel and Suites, Lagos, 30 August, with the theme, “Agricultural Value Chain – […]
Agra Innovate West Africa expo will host the agribusiness leaders and stakeholders from Nigeria and beyond at the Landmark Centre, Victoria Island in Lagos, from November 27 to 28, 2018. The event will be held under the theme: “Food Security: The role of finance in the creation of commercial opportunities for agricultural value chain stakeholder […]
The President of the Chamber of Agribusiness, Anthony Morrison, has argued about the need for a regulatory body to supervise activities of the agriculture sector as it is with other sectors of the economy. Morrison believes the Ministry of Food and Agriculture has become too huge to take on all the country’s growing agricultural demands […]
… Makes case for coordinated effort to end modern slavery. The Governor of Edo State, Mr. Godwin Obaseki, has approved 150 hectares of land and N100million seed capital for the 150 Libyan returnees and victims of human trafficking, who completed a skills acquisition training at the Edo Agricultural Development Programme (ADP) office in Benin City, […]
The Federal Ministry of Agriculture and Rural Development has launched the Nigeria Agribusiness Resource Center for Agricultural Investment in Nigeria. Performing the launch in Abuja on Friday, the Minister of Agriculture and Rural Development, Chief Audu Ogbe, represented by the Permanent Secretary in the Ministry, Dr. Bukar Hassan, said: “In line with the economic recovery […]
Anambra State Government Willie Obiano has signed a Memorandum of Understanding with Folio Holdings Limited for the establishment of an agricultural project worth ₦60 billion in the state. According to a report by the Anambra Broadcasting Service, the project is to yield products like rice, fish and staple crops for commercial and export purposes as […]