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A new directive by the Central Bank mandates Nigerian banks to give N65 as loans for every N100 they have as deposits.
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.
The Securities and Exchange Commission, SEC, has disclosed that the report of Technical Committee, TC, on commodities trading ecosystem in Nigeria was being implemented and was expected to make the much desired impact on the commodities trading that would stimulate Nigeria’s capital market and economic growth.
Rice farmers in Abia have expressed dismay over their inability to access fund under the Anchor Borrowers’ Programme (ABP) established by the Central Bank of Nigeria’s (CBN).
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.
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.
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.
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...
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.
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.
Nigerian Postal Service (NIPOST) says its financial inclusion intervention is geared toward supporting the growth of Small and Medium Enterprises (SMEs), contribute to poverty alleviation and reduce unemployment in the country.
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.
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.
The Central Bank of Nigeria (CBN) is targeting to have Microfinance Bank branches in all the 774 local governments of the country.
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).
A national micro-finance bank is to be established to promote access to credit finance for small, medium enterprises (SMEs) and other unbanked groups in the country, the Central Bank of Nigeria (CBN) said on Thursday.
The Nigerian Air Force on Tuesday in Abuja winged its first female fighter pilot, first female helicopter pilot and first female Air Warrant Officer.
Queen Elizabeth II has appointed Nigerian-born Ugbana Oyet, 43, as the UK House of Common Serjeant at Arms.
The Nnamdi Azikiwe University, Awka, has finally dismissed embattled senior lecturer in the Department of Pure and Industrial Chemistry, Faculty of Physical Sciences, Peter Ekemezie.
Barcelona are keen on signing Red Bull Salzburg youngster Karim Adeyemi but have a tough battle on their hands to do so.
Governor Abdullahi Ganduje of Kano State has promised to ensure that justice is done for the nine children and victims of kidnapping from the state.
The Federal Road Safety Corps, Omu-Aran Unit Command in Kwara State, has returned N119, 000 and other valuables recovered at the scene of a lone auto-accident in Omu-Aran to their owners.
The Evangelical Church Winning All (ECWA) says it will review the curriculum of its educational institutions across the country to make more impact in the world of science and technology.
Despite making only a cameo appearance against Brazil, Super Eagles defender Shehu Abdullahi has expressed great satisfaction with the 1-1 result against Brazil in an international friendly on Sunday afternoon.
The Ekiti State Chapter of Peoples Democratic Party (PDP), on Sunday, declared its readiness to participate in the forthcoming Local Government elections scheduled for December 7.
The Inspector General of Police (IGP), Mohammed Adamu, has said that the dynamics of crime in the country has over time become increasingly complex.