Tag Archives: Anchor Borrowers Programme (ABP)

The Central Bank of Nigeria (CBN) has said it will onboard more famers and commodity associations in Ogun State to benefit from its Anchor Borrowers Programme (ABP). The CBN governor, Godwin Emefiele, gave this assurance when the Ogun State governor, Dapo Abiodun, led leadership of the Ogun Famers and Commodity …

The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted on repayment of loans obtained under the Anchor Borrowers’ Programme (ABP) to pay back. The CBN Development Finance Officer, Sadeeq Ajayi made the appeal in Ibadan at the Agribusiness Innovation Clinic titled “Fostering Innovation and Collaboration Across the …

Maize Farmers Association of Nigeria (MAAN) has commended Unity Bank Plc, for its role in facilitating the financing of maize production by smallholder farmers in the country through the Anchor Borrowers’ Programme (ABP). The President of MAAN, Dr. Bello Abubakar, gave the commendation while delivering an address at the official …

Unity Bank Plc has said it will continue to support farmers and ensure that more smallholder farmers get the requisite financial support to boost rice production. The bank said in a statement that it partnered rice farmers under the aegis of Rice Farmers Association of Nigeria to unveil a mega …

The Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele said the apex bank supported disbursed N134.57 billion to 38,140 beneficiaries under the Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS). Speaking after the Monetary Policy Committee (MPC) meeting in Abuja, he hinted that under the Targeted Credit Facility (TCF), a sum …

The Central Bank of Nigeria (CBN), yesterday said it has approved the release of 50,000 metric tonnes of maize to 12 major producers, from strategic maize reserve (SMR) under the Anchor Borrowers’ Programme (ABP). This decision, according to the apex bank, is to moderate and control the prices of maize …

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF). The Chairman of the Fund’s Board, Mr. Stephen Okon, disclosed this, in Abuja, yesterday, at the National Award Ceremony for the Best Farmer of the Year 2020 under …

The Central Bank of Nigeria (CBN), in line with its developmental mandate, has released a guideline for the Private Sector-Led Accelerated Agriculture Development Scheme (P-AADS). This is in line with its mandate to continue to develop and introduce development finance programs and schemes as a way to expand financial access …

The Central Bank of Nigeria (CBN) has announced plans to integrate non-interest loans window in all its intervention programmes, particularly the Anchor Borrowers Programme (ABP) and the Targeted Credit Facility (TCF) for households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic This is even as it …