Anchor Borrowers’ Programme (ABP)

The Central Bank of Nigeria (CBN) says 3.8 million farmers have so far benefited from its Anchor Borrowers’ Programme (ABP). Mr Yila Yusuf, Director, Development Finance Department of the apex bank, made this known in an interview with…

The Agricultural Credit Guarantee Scheme Fund (ACGSF) set up by the Central Bank of Nigeria (CBN) and the Federal Government said it loaned out N4.32 billion to 30,267 farmers in 2020. This was disclosed by the Chairman, Board…

The Central Bank of Nigeria (CBN) has made good its word, as it has released 50,000 metric tonnes of Maize into the Nigerian market. The Bank’s February 2021 release of Maize in fulfilment of its pledge to reduce the price of the…

About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN), which watchers believe will reduce the…