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Nigeria Incentive Based Risk Sharing System for Agricultural Lending

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL PLC) has facilitated over N148 billion in finance and investments for agriculture and agribusiness.

CBN suspends anchor borrowers scheme, others in agric loans agency

The Central Bank of Nigeria (CBN) has suspended all loans to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) amidst widespread allegations of corruption.
The stimulus package, set up by the apex bank in March 2020, is disbursed through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank.

NIRSAL partners NASENI on agriculture mechanisation

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has partnered the National Agency for Science and Engineering Infrastructure (NASENI) in a landmark initiative that is expected to create 110,000 jobs.
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL PLC) has facilitated over N148 billion in finance and investments for agriculture and agribusiness.

NIRSAL partners NASENI to create 110,000 jobs in agric sector

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has entered into partnership with the National Agency for Science and Engineering Infrastructure (NASENI) with a view to creating over 110,000 jobs in the nation’s agricultural value chain.
The stimulus package, set up by the apex bank in March 2020, is disbursed through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank.

Nigeria’s central bank reopens coronavirus loan portal for households, businesses

The Central Bank of Nigeria (CBN) is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting households and micro, small and medium enterprises (MSMEs) affected by the COVID-19 pandemic.
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL PLC) has facilitated over N148 billion in finance and investments for agriculture and agribusiness.

NIRSAL: We facilitated N148 billion in agricultural investments in 2020

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says it made available over N30 billion to the country’s agricultural value chains in the last 13 months. NIRSAL’s Managing Director, Aliyu Abdulhameed, who said...

Border closure not sustainable – EAC chief

Chairman of the federal government Economic Advisory Council, Dr. Doyin Salami, has said border closure was not a sustainable strategy.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

3,256 benefit from N50 billion central bank coronavirus credit facility

No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to cushion effects of COVID-19.
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), says it has received 80,000 applications on the N50 billion Targeted Credit Facility (TCF) released by the Central Bank of Nigeria (CBN).

NIRSAL: 80,000 apply for N50 billion central bank credit facility

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), says it has received 80,000 applications on the N50 billion Targeted Credit Facility (TCF) released by the Central Bank of Nigeria (CBN).

NIRSAL: Corrupt interests sponsoring protests against us

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has uncovered an ongoing scheme by corrupt interests to discredit the work of the agency using sponsored thugs and miscreants to stage protests around its offices.

Heritage Bank, GEZAWA set to transform Nigeria’s agric sector

The Nigerian agricultural sector is set to witness a huge growth, as Heritage Bank Plc the lead settlement bank for Gezawa Commodity Market (GCMX) has collaborated with key stakeholders to revolutionise agricultural value-chain, aimed at providing fully integrated ecosystem for commodity Exchange.

NIRSAL partners Microsoft to reduce agricultural risks, attract investors

The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) has entered into partnership with Microsoft to deploy a technological platform called Microsoft Azure FarmBeats to help Nigerian farmers reduce risks as well as attract investors to the sector.
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

VP Osinbajo: How can we make Diaspora bonds work

Vice President Yemi Osinbajo says it is imperative for Nigeria to proffer solution on how Diaspora bonds and Diaspora mutual funds will work to boost the country’s economy.

Central bank mandates commercial banks to give out more loans

A new directive by the Central Bank mandates Nigerian banks to give N65 as loans for every N100 they have as deposits.
Godwin Obaseki

2, 000 farmers benefit from over 10,600 hectares agric project in Edo

Edo State Government says no fewer than 2, 000 farmers are benefiting from over 10,600 hectares agricultural project in different parts of the state.

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...
Gov. Abubakar Sani-Bello of Niger has urged the Muslim Ummah to pray for peace, unity and security for meaningful development in the country.

Niger government to acquire N1.8 billion tractors for 2019 farming season

The Niger State Government has concluded arrangements to procure 10 new tractors at the cost of N1.8 billion to boost its access to farmers in the state for the 2019 farming season.
Godwin Obaseki

Edo farmers get N5 billion investment

The Edo State Government has said it is investing N5 billion drawn from the Central Bank of Nigeria’s (CBN) Anchor Borrowers programme on development of over 10,600 hectares of land, which will guarantee farmers in the state access to funding to boost productivity.

Central bank to establish microfinance banks In 774 LGs

The Central Bank of Nigeria (CBN) is targeting to have Microfinance Bank branches in all the 774 local governments of the country.

Central bank to issue loans at five percent to SMEs through NIRSAL microfinance bank

The Central Bank of Nigeria (CBN), says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro Finance Bank (MFB).

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Nigerian government pledges to save abducted Kaduna university students from execution

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Nigerian government sets guidelines for states’ debt management operations

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