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Tinubu Charges New Board of NIRSAL, NAIA to Recapitalise Agricultural Sector

Tinubu Charges New Board of NIRSAL, NAIA to Recapitalise Agricultural Sector The Federal Government, on Wednesday, inaugurated the project delivery team tasked with the recapitalisation and full commercialisation of the Nigerian Agricultural Insurance Corporation, and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending. It said...

Ex-NIRSAL Boss, Abdulhameed Arrested Over N5.6bn Wheat Project Scam

Ex-NIRSAL Boss, Abdulhameed Arrested Over N5.6bn Wheat Project Scam   Mr Aliyu Abdulhameed, a former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has been arrested almost a year after his sack. NIRSAL is a $500m non-bank financial institution, which was created...

NIRSAL Facilitates N146bn Agro-business Through Banks, Others

NIRSAL Facilitates N146bn Agro-business Through Banks, Others   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) on Tuesday announced that it had facilitated the flow of over N146bn into Nigeria’s agro-processing industry to date from various sources. It outlined the sources to include Deposit Money...

NIRSAL Facilitates N128bn Loans For Agribusinesses

NIRSAL Facilitates N128bn Loans For Agribusinesses         The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending says it has about three million farmers on its database and has facilitated over N128bn for agriculture and agribusiness across the country since its inception. The Managing Director/CEO of the agency,...

NIRSAL Commits $67bn To Support Farmers In The Global Cocoa Market

NIRSAL Commits $67bn To Support Farmers In The Global Cocoa Market       The Managing Director and Chief Executive Officer of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending Plc (NIRSAL), Mr. Aliyu Abdulhameed, has stated that the organisation is committed to enabling Nigerian cocoa farmers...

COVID-19: CBN Disburses N253bn To 470 Households, 77, 000 SMEs

COVID-19: CBN Disburses N253bn To 470 Households, 77, 000 SMEs         The Acting Director Corporate communications Department of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, has said that the bank disbursed N253 billion to 548,345 beneficiaries as part of its responses to the COVID-19...