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Banking

Bank of Agriculture unveils roadmap to boost food security

The Bank of Agriculture has unveiled a strategic roadmap to modernise its operations, deepen grassroots financial inclusion, and accelerate agricultural transformation in support of the Federal Government’s food security agenda. In a statement issued on Friday, the bank’s Managing Director and Chief Executive Officer, Ayodeji Sotinrin, said the institution is rolling out operational reforms and […]

Business

BoA assures pensioners of plans to clear outstanding arrears

The Managing Director of the Bank of Agriculture, Ayo Sotinrin, has assured the bank’s pensioners that efforts are underway to clear their outstanding pension arrears. He expressed optimism that payments under the bank’s Defined Pension Scheme would be settled before the end of the year. The assurance was conveyed in a statement issued on Wednesday […]

Agribusiness

250,000 farmers insured, N250bn BoA loans disbursed — Shettima

Vice President Kashim Shettima has highlighted the efforts of the Tinubu administration to ensure food security in Nigeria. According to Shettima, 250,000 farmers have been insured across eight states, the 30 per cent Value Addition Bill is advancing, and the N250 billion Bank of Agriculture facility is being activated to reach smallholders. He stated this […]

Agribusiness

BOA, Afreximbank ink $1bn deal to support smallholder farmers

Nigeria’s smallholder farmers are poised for major relief as the Bank of Agriculture has secured a $1 billion financing deal with the African Export-Import Bank. The agreement was signed at the ongoing Intra-African Trade Fair 2025 in Algiers, Algeria, by BOA Managing Director, Ayo Sotinrin and Afreximbank Executive Vice President for Intra-African Trade and Export […]

Nestle Nigeria reports N104bn loss in 2023
Banking

Banking sector is economy’s livewire, expert tells Tinubu

A former Managing Director and Chief Executive Officer of Bank of Agriculture Limited, Dr. Mohammed Santuraki, has stated that the banking sector is the live wire of Nigeria’s economy. According to The Punch, he called for urgent reforms in the banking sector in order to enable President Bola Ahmed Tinubu to actualize the administration’s goal of revamping […]

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