The Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS) is a major program funded by the Central Bank of Nigeria (CBN) designed to help sustain the growth of small-scale businesses in Nigeria. It is managed by the NiRSAL Microfinance Bank (NMFB); the program offers affordable loans to entrepreneurs operating in agriculture, as well as other industries … Read more
The Nigerian farming industry is the heart of Nigeria’s economy. It provides jobs to over 70% of the people living in rural areas and contributes approximately 24% of the GDP of the entire nation. However, issues like weather changes, difficulty in obtaining money, and the age of equipment are still limiting the amount of food … Read more
The NiRSAL Microfinance Bank (NMFB) provides several loans and grants that are designed to help Nigerian entrepreneurs, small-scale entrepreneurs, and startup companies. These programs are backed through the Central Bank of Nigeria (CBN) and other federal grants that aim to create jobs and improve productivity for small-scale entrepreneurs. By 2025, NIRSAL Microfinance Bank continues to … Read more
The Nigerian government, through its various federal institutions and agencies, offers loans and grants for agriculture for farmers to expand their production, obtain modern technology, and increase the quality of their food. In 2025, a variety of programs will remain active, such as programs like the Anchor Borrowers’ Programme (ABP), the Agric-Business/Small and Medium Enterprises Investment … Read more
