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Nigeria’s Zamfara state to boost cotton production
The Zamfara state government in Nigeria recently received approval from the Central Bank of Nigeria (CBN) to finance 60,000 cotton and rice farmers, according...
Nigeria CBN to Fund 1.6 mn Cotton Farmers This Season
The Central Bank of Nigeria (CBN) will fund 1.6 million farmers in the 2020 wet season to help raise farm output. The apex bank...
Africa’s Fashion Industry Urges Investors To Embrace Innovation
With the fashion industry being one of the hardest-hit sectors in Africa due to the coronavirus pandemic, experts have urged investors in the sector...
Nigeria: As CBN Targets 300,000 Cotton Farmers
Cotton stands out as the most important fibre material for Nigeria's textile industry. The production of the cash crop in Nigeria, however, suffered a...
Nigeria Targets N5.089 Billion Investment on shoe and garment factories
The Nigerian government is targeting N 5.089 billion from the partnership with the private sector to revive the garment and leather industries. Director general...
Ban imported Aso-Oke: First Lady of Nigeria’s Ekiti state
First Lady of Nigeria’s Ekiti state Bisi Fayemi recently urged the government to ban imported ‘Aso-Oke’ fabric from China and revive the nation’s textile...
First Bank partners Africa Fashion Week, promotes growth of small businesses
First Bank of Nigeria Limited has sponsored the sixth edition of the Africa Fashion Week, Nigeria a measure met to promote the growth of...
CBN, Nigerian governors agree to develop agri sector
The Central Bank of Nigeria (CBN) and governors of 36 Nigerian states recently agreed to pool resources to develop their agricultural potential and generate...
Nigeria to produce 450,000-metric tons of cotton in 3 yrs
Nigeria has set a target to produce up to 450,000 metric tonnes of cotton in three years as part of efforts to revive the...
Acute cotton shortage cripples Nigeria’s revamped Rivatex
Nigeria’s Rivatex textile factory, revamped at a cost of Sh6 billion, is operating below capacity due to acute shortage of cotton, according to its...
