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FCMB Launches AI-Powered Agricultural Advisory in Local Languages

First City Monument Bank (FCMB) is expanding its agritech strategy by deploying AI-powered advisory services available in Hausa, Yoruba, and Igbo. The initiative aims to bridge the financing gap for smallholder farmers, who contribute significantly to Nigeria’s GDP but face high levels of financial exclusion. Leveraging data-driven solutions such as weather and soil intelligence, the bank plans to shift from traditional lending to a more inclusive model, while facilitating the expansion of Nigerian agritech startups into broader African markets.

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