CBN restates commitment to boost agric sector

The Central Bank of Nigeria has restated commitment to boosting local production through agricultural initiatives.

The CBN Governor, Godwin Emefiele, during an inspection tour of a palm plantation at Odighi village in the Ovia North East Local Government Area of Edo State, commended the Federal Government’s foresight to revamp the agricultural sector with the CBN playing a major role.

Emefiele said with the rising cost of food items across the globe, Nigeria would have been in dire circumstances if the proactive measures were not taken.

Source: CBN restates commitment to boost agric sector – StocksWatch (stocksng.com)

Related Posts

14

Nov
Business & Economy

Fidelity Bank Plc reports N132.31bn profit in H1 2025

Fidelity Bank Plc on Thursday published its Second Quarter report for the period ended 30 June 2025. The Financial Institution reported Gross Earnings of N748.71 billion for the 6 months period, up by 45.99% from N512.86 billion reported in the corresponding period of 2024. Profit after tax of N132.31 was achieved for the 6 months period, down […]

14

Nov
Market Update

Stock market stays 1.08% afloat as 55 stocks rally

The Nigerian market stayed afloat on price appreciation in CUSTODIAN, Linkage Assurance and other 53 stocks that made the green table on Thursday, consolidating on the impressive rebound on Wednesday from a prolonged losing streak that had pushed the market to its lowest level since 2010. The All Share Index grew 1.08%, closing at 146,981.17 points from[…]