News and Events

Meeting Of the National Council Of Agriculture & Rural Development

Meeting of the National Council of Agriculture & Rural Development (NCARD), held in Porthacourt, Rivers State from the 24th of April to 28th of April 2017. In attendance were HMA, HMS , Perm Sec, FMARD, Commissioners of Agriculture of the 36 states & their Perm Sec. BOA was represented by Dr. Auta B.Jamaka, Head of Corporate Planning Dept.


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Hon Minister of Agriculture inaugurates BOA\'s new Executive Managment team

The Hon Minister of Agriculture, Mr Audu Ogbeh Inaugurates Bank of Agriculture's(BOA) new Executive Managment team. The inauguration held at the Federal Ministry of Agriculture and Rural Development (FMARD), Abuja. Mr. Kabiru Mohammed Adamu is Managing Director/CEO. Other members of the Management team are Dr. Gabriel Okenwa, ED, Partnerships and Strategy, Prince Niyi Akenzua, ED, Risk Management and Finance, Mr. Emmanuel .O. Ameh, ED, Credit and Empowerment (NORTH), and…
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BOA gets New Boss, Mr Kabiru Mohammed takes over as the Managing Director/Chief Executive Officer of Bank of Agriculture Limited (BOA).

Mr Kabiru Mohammed has been appointed as the interim Chief Executive Officer of the Bank of Agriculture (BOA).


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CBN CARRIES OUT DIAGNOSTIC ASSESSMENT OF BOARBI

The Central Bank of Nigeria (CBN) has embarked on the diagnostic assessment of the Bank of Agriculture Rural Business Initiative (BoARBI) in the three (3) pilot locations at Bauchi in Bauchi State, Igbora in Oyo State and Oko in Anambra State.

The aim of the assessment is to determine the extent of conformity with rural business development objectives of the CBN such as expanding financial inclusion to ruralites…
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Key Facts
Loan Rate
  • . Microcredit Agric & collaborations
  • . SME (Production & Working Capital)
  • . Marketing, On-lending to MFBs & Microcredit (Non-Agric)
Loan Condition
  • 20% Lien Deposits
  • 6 months Minimum Customer's Account Relationship
Deposit
  • . Interest Rate
  • Negotiable Fixed Deposit

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