Nigeria Policy Shifts
Nigeria proposes seizing South African firm profits for xenophobia compensation while appointing a new board to the state-owned Bank of Agriculture.
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- MARKETNigerian Senator Proposes Seizing South African Firm Profits for Xenophobia Compensation
The proposal by Senator Adams Oshiomhole escalates political pressure on South African businesses operating in Nigeria, raising questions about investment security and bilateral trade relations.
- MARKETNigeria appoints new board for state-owned Bank of Agriculture
The federal government has installed a fresh leadership team at the state lender, tasked with expanding credit access and tightening loan recovery protocols.
- STATEMENTICPC He
“The inauguration represents more than the constitution of a new board. It marks a renewed commitment to strengthening the Bank and positioning it to deliver greater impact in support of Nigeria's agricultural transformation.”
in: Nigeria appoints new board for state-owned Bank of Agriculture - STATEMENTSotinrin
“the bank would intensify efforts to expand access to affordable agricultural credit, strengthen institutional governance and risk management.”
in: Nigeria appoints new board for state-owned Bank of Agriculture