The House of Representatives has urged the Central Bank of Nigeria (CBN) to address the issue of under-financing in the agricultural sector by providing the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) with an additional $3 billion. This…
The House of Representatives has ordered probes into the N1.12 trillion anchor borrowers scheme, an initiative of the Federal Government’s interventions and agricultural funding through the Central Bank of Nigeria (CBN). Also included in the probe is the Nigeria Incentive-Based…
A substantial number of Nigerians are struggling to meet repayment obligations for loans issued under the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF), a recent disclosure revealed. Launched in April 2020 to mitigate the…
By Umar Akilu Majeri, Dutse Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc in partnership with the Jigawa State government has trained 355 agents, 706 wheat farmers in Jigawa. This is in a bid to deepen collaborations with…
The Managing Director of NIRSAL Microfinance Bank, Mr Abubakar Kure, on Sunday, said the bank would continue to support businesses to fast track growth of Small and Medium Scale Enterprises (SMEs) in the country. Kure said this in Abuja on…
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has restated its commitment to realising its vision of “transforming the economy, delivering inclusive growth and positively impacting the lives of Nigerians.” Aliyu Abdulhameed, NIRSAL Plc’s Managing Director/Chief Executive Officer, said this in…
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has denied reports that its Managing Director, Aliyu Abbati AbdulHameed, his son, Imran and others looted N150billion from NIRSAL. NIRSAL said it has begun legal proceedings against platforms that sponsored…
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending Plc (NIRSAL) has urged stakeholders in agribusiness to support the institution to strengthen agriculture in Lagos State. Mr Aliyu Abdulhameed, the NIRSAL’s Managing Director, made the call at the facility tour…
The Central Bank of Nigeria (CBN), through NIRSAL Microfinance Bank, has reopened its portal for Micro Small and Medium Enterprises (SMEs) and households affected by COVID-19 to access up to N25 million. This was disclosed by the Personal Assistant to…
