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NIRSAL MFB Gets Framework For N75bn Youth Fund Disbursement

NIRSAL MFB Gets Framework For N75bn Youth Fund Disbursement       The Central Bank of Nigeria has released the framework for NIRSAL Microfinance Bank to commence the disbursement of the N75bn Nigeria Youth Investment Fund. It said this in its statement titled ‘Framework for the operation of the...

CBN Warns Against Fraudulent Investment Schemes, Loan Offers

CBN Warns Against Fraudulent Investment Schemes, Loan Offers       The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Thursday entitled ‘Beware of fraudulent loan...

NIRSAL Facilitates N105bn Financing To Boost Agric Sector

NIRSAL Facilitates N105bn Financing To Boost Agric Sector     The Managing Director/Chief Executive, Nigeria Incentive-Based Risk Sharing System Plc (NIRSAL) Mr. Aliyu Abdulhameed, has said the agency facilitated over N105 billion in public and private financing options across the pre-Upstream, upstream, midstream and downstream segments of...

COVID-19 Loans’ll Be Disbursed 48 Hours After Approval – CBN

COVID-19 Loans’ll Be Disbursed 48 Hours After Approval – CBN   The Central Bank of Nigeria has said all successful applicants that have submitted their account details for the COVID-19 Targeted Credit Facility should expect to be credited within 48 hours. The Director, Corporate Communications of CBN,...

NIRSAL Grows Seed Fund To N900bn

NIRSAL Grows Seed Fund To N900bn     Nigerian Incentive based Risk Sharing System for Agricultural Lending (NIRSAL), has grown its seed fund to nearly N900billion from N720billion at inception in 2013, the Managing Director and Chief Executive Officer, Aliyu Adulhameed has said. NIRSAL was established to de-risk...

NIRSAL Facilitates N102bn Loans, Creates 400,000 Jobs

NIRSAL Facilitates N102bn Loans, Creates 400,000 Jobs   The Managing Director/Chief Executive Officer of Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL), Mr. Aliyu Abdulhameed, on Thursday said the company has facilitated over N102 billion as loans from commercial banks for the various Agricultural Value...