Agric Sector’s Non-performing Loans Now N49.96bn   The non-performing loans in the agriculture sector rose by 3.36 per cent from N48.33bn as of the end of the third quarter of 2018 to N49.96bn as of the end of September 2019. According to data from the National Bureau...

NIRSAL Facilitates N14.5bn Loan From Banks To Agric Sector   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending on Monday said it had secured additional funding of N14.5bn from banks to the agriculture sector. The agency said this in a statement issued in Abuja. The statement said...

NIRSAL Facilitates $375m Bank Loans To Agric Sector Since incorporated in 2013 by the Central Bank of Nigeria, a total of $375m has been facilitated by the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending from Deposit Money Banks for the agricultural sector. The Managing Director,...

Olam Invests $1b to Boost Agric Sector The Vice-President of Olam, Reji George says Olam Nigeria Limited has invested about 1 billion U.S. dollars (about N360 billion) to boost Nigeria’s agricultural sector. George made this known in a chat with newsmen in Abuja. He said the...