BOA Agric & Non-Agric Loans: How To Apply

The Nigerian Agricultural Bank (NAB) was established in 1972, and the Bank of Agriculture (BOA) Limited was established in 1973.

The mandate of the BOA is as follows:

1) Agricultural finance to support all aspects of the agricultural value chain, as well as non-agricultural microcredit

2) Mobilization of savings

3) Capacity building through the promotion of cooperatives, agricultural information systems, and technical assistance and extension services.

4) Creation of self-employment opportunities in rural areas, hence minimizing rural-urban migration.

5) Banking practices are instilled at the base level of Nigerian society.

How To Apply

Please be aware that the BOA Online Loan Application is currently unavailable. Once the E-commerce/Banking portals are ready for usage, customers or users will be alerted properly. As a result, consumers should go to the nearest BOA branch for any type of bank transaction. Impostors should be avoided at all costs.

Also Read:  Selecting Best Loan For Your Small Business (A Comprehensive Guide)
Need Federal Govt Free-Interest Loan? =>See Here.

Click Here to learn more about BOA’s agricultural and non-agricultural loan services for businesses and individuals.

This information was first published on nyscinfo.com. DMCA PROTECTED.

Source: Nyscinfo

Updated: April 20, 2022 — 8:39 am

The Author

Stephen Adoga

Stephen Adoga is a trained journalist, researcher, creative writer, content creator, video editor and freelancer. He studied Mass Communication at the Lagos State Polytechnic, Ikorodu, where he acquired requisite training for the practice of journalism. He loves the media. His interest mostly lies in the print medium where his creative writing skill makes him a perfect fit.

Leave a Reply

Your email address will not be published.