Tag: Cassava

UNIONDICON Signs Deal with GEA Westphalia of Germany on Industrial Starch Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Dicon Salt Plc (UDS) on Friday said it has finalised agreement with GEA Westphalia of Germany to build the largest industrial starch processing facility in Nigeria. This is in furtherance of the Consumer Goods Company’s transformation strategy approved by its board of directors, to […]

CBN guarantees N25bn agric loans through NIRSAL

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, introduced July last year, has guaranteed N25bn of agricultural loans, latest data from the Central Bank of Nigeria has shown. This has effectively lifted lending to the sector to four per cent of banks’ total loans, from the average of 1.5 […]