NIRSAL, Ecobank To Share N70bn To Farmers Ecobank Nigeria has entered into a partnership with the Nigeria Incentive-Based RiskSharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing. The partnership between both institutions is...

NIRSAL Recieves Fresh N4.5bn From 3 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. The banks are Stanbic IBTC with the...

Farmers Receive NAIC N464m Claims In Q1 The Nigerian Agricultural Insurance Corporation has said it paid claims totalling N464m to its insured farmers across the country in the first quarter of 2019 financial period. In a statement, the Managing Director/Chief Executive Officer, NAIC, Mrs Folashade Joseph,...

CBN Shares N596bn To Farmers   The total amount released by the Central Bank of Nigeria (CBN) under the Commercial Agriculture Credit Scheme (CACS) from inception to the participating banks for disbursement stood at N596.44 billion for 576 projects as at the end of the fourth...

Farmers To Hold 40% Shares In BoA - Ogbeh The Minister of Agriculure and Rural Development, Chief Audu Ogbeh, has disclosed that farmers will hold 40 per cent of total shares in the Bank of Agriculture (BoA) by the time its commercialisation is concluded by...

CBN Promises To Increase Credit Guarantee To Farmers The Central Bank of Nigeria (CBN) has disclosed plan to increase its credit guarantee to small scale farmers through its Agricultural Credit Guarantee Scheme Fund (ACGSF). The Chairman ACGEF, Mrs. Olubunmi Siyanbola, said this at the strategic retreat...