Home Topics NIRSAL

NIRSAL

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.

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.

Official: NIPOST’s financial inclusion intervention supports growth of SMEs, reduces unemployment

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.
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.
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).

Central bank to establish national micro-finance bank

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.

Group praises central bank policies under Godwin Emefiele

The Coalition of Civil Society Group (COCSG) has commended the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, for implementing policies that have helped stabilise the economy.

OAU donates 25 hectares of land for agriculture

The management of Obafemi Awolowo University (OAU), Ile-Ife, has donated 25 hectares of land to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), for agricultural development.
Bank of Industry (BoI)

Bank of Industry disburses N81 billion as loan in 2017

The Executive Director of Bank of Industry (BoI), Corporate Services, Tobin Jonathan, has revealed that the bank has disbursed a total of N81 billion loans last year out of a financing gap estimated at $800 million,

Federal government picks Kano for massive wheat production

The Federal Government has selected Kano State for the implementation of its pilot programme on massive wheat production under the cluster farming system.

Central bank, bankers’ committee to disburse N26 billion to agribusiness

The president of National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Iyalode Alaba Lawson, has disclosed that the Central Bank of Nigeria is in the process of disbursing N26 billion to support agribusiness entrepreneurs.The president of National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Iyalode Alaba Lawson has disclosed that the Central Bank of Nigeria is in the process of disbursing N26 billion to support agribusiness entrepreneurs.
Aliyu Abdulhameed

NIRSAL: $8.9 billion annual post-harvest losses unacceptable

The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) has vowed to tackle post-harvest losses in the agribusiness sub-sector which the Nigerian Stored Products Research Institute estimates to be $8.9 billion annually.
Aliyu Abdulhameed

Federal government to lobby banks on 5% lending rate to farmers

The Federal Government said it is considering discussing with banks, especially the Nigeria Incenstive-based Risk-Sharing System for Agriculture Lending (NIRSAL), to help reduce the lending rate loans to farmers, preferably 5 per cent.
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.

Recent Stories

Godwin Emefiele: Central bank to continue operating managed float exchange rate regime

The Central Bank of Nigeria (CBN) says it will continue to operate a managed float exchange rate regime to reduce the impact of continued volatility in the exchange rate on the economy.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court orders arrest of Innosson boss Innocent Chukwuma

A Federal High Court in Lagos on Monday issued a bench warrant for the arrest and production in court of Chairman of Innoson Nigeria Ltd, Innocent Chukwuma, and two others charged with fraud.
Italian Mafia boss Rocco Morabito has fled Uruguayan police cell in Montevideo,

Italian mafia boss Morabito flees Uruguayan police cell

El Pais reported that Morabito and three other detainees escaped through the roof of the Police Headquarters of Montevideo and entered a neighbor’s house.
Governor David Nweze Umahi

South East governors reject Miyetti Allah’s vigilance plan

The South-East Governors Forum has reacted to lingering controversies surrounding the alleged proposal by the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) to organize local vigilance groups in the South-East.
The Central Bank of Nigeria (CBN), said more than one million smallholders farmers had access to finance through its Anchor Borrowers Programme.

Central bank: One million farmers benefit from anchor borrowers scheme

The Central Bank of Nigeria (CBN) said more than one million smallholders farmers had access to finance through its Anchor Borrowers Programme.