Category: Agric & Commodity News

CBN Flags Off Farmers Input Distribution At Calabar

In an all efforts to make agriculture attractive and enviable position in business ecosystem rather than mere subsistence, the Central Bank of Nigeria (CBN) in its usual way opts in collaboration with Cross River State Government has formally flagged off the input distribution for 2018 wet season farming in Cross River state and environs.According to…

Govt endorses two varieties of GM cotton for farmers

Cotton farmers in Nigeria may have been given a lifeline following the registration of two Bt Cotton varieties by the National Committee on Naming, Registration and Release of Crop Materials. The genetically-modified (GM) Bt Cotton is said to have failed in Burkina Faso, with farmers making claims from Monsanto The Director/CEO, National Biotechnology Development Agency…

Heritage Bank Wins 2018 Agric Bank Award, Assure Its Support For MSMEs

Heritage Bank Plc has emerged winner of Agriculture Bank of the year 2018.  At a colorful ceremony  held at the Sheraton Hotels and Towers, Abuja on Tuesday Night, members of the committee of Nigeria Agriculture Awards (MAA), declared Heritage Bank winner ahead of Unity Bank and First City Monument Bank (FCMB). Meanwhile, Heritage Bank has assured promoters…

TransCorp ends its investment in fruit concentrate maker, Teragro

Transnational Corporation of Nigeria (“TransCorp”) announced on Wednesday it will seek to divest its interest in fruit juice concentrate maker, Teragro Commodities Limited.   In a press release, TransCorp said a careful review of the long term proposition of its play in the juice concentrate market revealed a number of issues. As a result of…