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Aliyu Abdulhameed

Ecobank, NIRSAL sign N70 billion MoU for agribusiness

The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Understanding (MoU) with Ecobank on a N70billion portfolio commitment from the bank to Agribusiness projects initiated and de-risked by NIRSAL.

NIRSAL facilitates N2 billion loan to boost cocoa export in Ondo

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is providing Agro Traders Limited, a Cocoa processing and export company in Ondo State, with 50% Credit Risk Guarantee (CTG) for N2 billion working capital to export 22,000 metric tons of cocoa.
Patrick Akinwuntan, Managing Director, Ecobank Nigeria limited in a warm handshake with Aliyu Abdulhameed, Managing Director/CEO, Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) during a business visit of NIRSAL Management to Ecobank Head office in Lagos.

Ecobank announces N70 billion agriculture financing scheme

Ecobank Nigeria has entered into a strategic partnership with Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing.
Aliyu Abdulhameed

NIRSAL moves to raise over N140 billion for Agric financing

The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has initiated actions to raise over N140 billion to finance agriculture over the next three years. US$200 million (N75 billion) will be raised by NIRSAL in...

NIRSAL secures fresh N4.5 billion from three banks for farmers

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.
Aliyu Abdulhameed

Over 200 farmers to benefit from NIRSAL lending

The Managing Director and Chief Executive Officer, Nigeria Incentive Based Risk Sharing for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, has disclosed that in few weeks time, over 200 farmers stand to benefit from the take off of the Micro-Finance Bank (MFB) lending in the country.
4 President Buhari receives in Official Visit German Chancellor Angela Merkel in State House on 31st Aug 2018

President Buhari: Nigeria illegal migrants to Europe on their own

President Muhammadu Buhari on Friday declared that Nigerians migrating illegally to Europe, were on their own as he would never support any illegality or indiscipline.
Signing of MOU between the German-African Business Association and the Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA)

Nigeria, Germany sign pacts on agriculture, commerce

The first agreement was signed between the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the German-Africa Business Association.

Governor Ambode: Lagos committed to public procurement law

Governor Akinwunmi Ambode of Lagos State has reiterated government’s commitment to the application of the State’s Public Procurement Law.

NIRSAL injects over N77 billionn into agribusiness in two years

The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has facilitated the flow of N77.7 billion from commercial banks into the agric-business sector of the country.
Aliyu Abdulhameed

NIRSAL launches new agric insurance product

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has developed a new insurance product to mitigate the impact and losses of agricultural yields and market price risks for smallholder farmers.

Expert: Nigeria’s agricultural sector value to hit N91 trillion by 2050

The Fishery Society of Nigeria (FISON) says that the value of the country agricultural sector is estimated to reach about 256 million dollars (over N91 trillion) by 2050.
Aliyu Abdulhameed

NIRSAL distributes N2.9 billion to sustain rice revolution

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) says it has distributed over N2.9 billion across 13,900 hectares of rice farms comprising 40 projects in Nigeria.
Aliyu Abdulhameed

Ministry, NIRSAL seek indigenous technology to boost agric

This is even as the AfDB has pledged to invest $120 million over the next three years to boost productivity and transform nine commodities which include cassava, rice, maize, sorghum/ millet, wheat, livestock, aquaculture, high iron beans and orange-fleshed sweet potatoes in Africa.

NIRSAL: Cassava exploitation can accelerate Africa’s economic transformation

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says exploiting the potential in cassava can accelerate Africa’s economic transformation.

Development bank signs MOU with NIRSAL on agric value chain financing

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and the Development Bank of Nigeria (DBN) have entered into a partnership that will see more funds channeled into the agricultural value chain (AVC) in the country.

Federal govt to end farmers-herdsmen clashes with agric insurance products

The Federal Government, yesterday, said it was working with a Kenyan firm to develop innovative insurance products for livestock to end the incessant herdsmen and farmers clashes across the country.

NIRSAL explores insurance to curb farmers-herdsmen clashes

The Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, Aliyu Abdulhameed, said the organisation was exploring insurance for livestock to reduce clashes between herdsmen and farmers.

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Godwin Obaseki

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Kaka: PSG stay is good for Neymar

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