The Youth Economic Intervention & De-Radicalisation Program (YEIDEP) is a important federal initiative to empower youth in Nigeria. It was established in 2024, under the Federal Ministry of Youth Development and with the support of private and public partners. The program focuses on helping Nigerian young people aged between 18 and 35 through entrepreneurial training, federal grants and mentorship. … Read more
The FGN-ALAT Digital Skillnovation Programme is an agreement with the Nigerian Federal government as well as Wema Bank (via its ALAT digital bank). It was launched in the latter half of 2023 in Abuja as well as across Nigeria. The aim is to provide professionals, youth, and micro, small, and medium-sized companies (MSMEs) with entrepreneurial … Read more
The Bank of Agriculture (BOA) is Nigeria’s leading financial institution for development focused on rural and agricultural areas. Created to assist farmers and agribusinesses, BOA is present in all 36 states, as well as the Federal Capital Territory. The BOA Grant to Nigerian Agribusinesses is designed to close the funding gap within the value chain … Read more
The Nigeria Youth Investment Fund (NYIF)—Agriculture Segment is a finance program that is designed to support young Nigerians engaged in agriculture. It offers affordable financing for business training and mentoring to those involved in livestock farming, crop cultivation, aquaculture, agroprocessing, and value chain services for agriculture. This section in the NYIF was created to increase … Read more
The Commercial Agriculture Credit Scheme (CACS) is a major initiative in financing agricultural production in the Central Bank of Nigeria (CBN) to promote commercial agriculture and agribusiness growth. CACS was established during the year 2009 to improve the security of our food supply, create employment, and boost the value of agriculture in the GDP of … Read more
The federal government created the National Agricultural Development Fund (NADF) to provide sustainable funding for the agricultural sector in Nigeria. The fund is designed to address the financing gap in the agricultural industry by offering accessible federal grants, loans, and investment assistance to farmers, agribusinesses, and agricultural organizations. The fund is a part of the … Read more
The Agricultural Credit Guarantee Scheme Fund (ACGSF) is an ongoing initiative in the field of agricultural finance created through the Central Bank of Nigeria (CBN) to encourage financial institutions and banks to lend money to farmers and agribusinesses. In 1977 The scheme was introduced in 1977. It helps reduce the risk that banks take in … Read more
The Anchor Borrowers’ Programme (ABP) is one of the most effective interventions in agriculture, which was formulated in the Central Bank of Nigeria (CBN). The program was introduced in November of 2015 to provide low-interest loans for smallholder farmers while also linking the farmers to trusted agro-processors, also known as “anchors.” The aim of the … Read more
The SMEDAN Student Entrepreneurs Grant is a specialized youth-focused financing initiative of SMEDAN, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). It’s designed to help students at tertiary institutions with innovative startup ideas or business concepts that have an opportunity to generate employment and boost economic growth. This program seeks to empower young … Read more
SMEDAN Select Programme (SSP) is a specific initiative run by SMEDAN, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), that aims to help the most promising micro, small, and medium-sized businesses (MSMEs) throughout Nigeria. The program offers a path to grow businesses through capacity development, marketing access, networking, and financial support. This guide … Read more
