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Ecobank, NIRSAL Partner To Increase Loans To Farmers

Ecobank, NIRSAL Partner To Increase Loans To Farmers   Ecobank Nigeria Limited says it is partnering with the Nigeria Incentive-based Risk-Sharing System for Agricultural Lending, United States Agency for International Development, Development Bank of Nigeria and other developmental partners to double the amount of credit it...

NIRSAL Facilitates N101bn Loans For 693 Agric Projects

NIRSAL Facilitates N101bn Loans For 693 Agric Projects   Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been facilitated by the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending from Deposit Money Banks for the agricultural sector. The Managing...

NIRSAL’s Commodity Initiative Gets N70bn Boost From Ecobank

NIRSAL’s Commodity Initiative Gets N70bn Boost From Ecobank The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending has signed a memorandum of understanding with Ecobank on N70bn portfolio commitment to agribusiness projects initiated by NIRSAL. The facility will be drawn down in series, with the pact effectively...

NIRSAL Facilitates N2bn For Cocoa Exports

NIRSAL Facilitates N2bn For Cocoa Exports The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending on Wednesday said it would provide Agro Traders Limited, a Cocoa processing and export company in Ondo State, with 50 per cent credit risk guarantee for N2bn working capital facility. The...

360,000 To Benefit As NIRSAL Signs Deal To Boost Agriculture

360,000 To Benefit As NIRSAL Signs Deal To Boost Agriculture   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Agreement and Action (MoA) with the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) – a $200 million World Bank...

NIRSAL, Ecobank To Share N70bn To Farmers

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...