The Central Bank of Nigeria wholly owned Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has unveiled its new national MicroFinance Bank (MFB) with branches in all 774 Local Government Areas in the country. Known as NIRSAL Microfinance Bank, the new financial institution which is a product of a tripartite partnership between the Bankers’ […]
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The Managing Director/Chief Executive, Nigerian Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL), Mr. Aliyu Abdulhameed, has said the agency facilitated over $373 million as loans from commercial banks to farmers across the various agricultural value chain in the country. He said by its support and through the Credit Risk Guarantee, NIRSAL had been […]
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The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending on Sunday said about 250,000 direct jobs and 1.25 million indirect jobs had been created under the Anchor Borrowers’ Programme of the Central Bank of Nigeria. The agency said this in a statement signed by its Head, Corporate Communications, Anne Ihugba, in reaction to claims that […]
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The Federal Government says it is working to increase insurance coverage for Nigerian agricultural primary producers from 500,000 to 3.8 million through the recently introduced index-based agricultural insurance. The programme is hinged on nurturing local and international partnerships aimed at training insurance experts in the country that will midwife the programme. Speaking on Monday in […]
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Sterling Bank Plc, has won the Best Bank in Support of Agriculture Award at the BusinessDay Banking Awards 2017 held at the weekend in Lagos. The award is in recognition of Sterling Bank’s peerless support to the entire value chain in the agriculture sector of the economy. The awards, organised by BusinessDay Nigeria, is regarded […]
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The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has signed a partnership agreement with two reputable Moroccan agricultural insurance and re-insurance companies, Mutuelle Agricole Marocaine D’Assurances (MAMDA) and MAMDA Reassurance in its efforts to increase the number of insured farmers in Nigeria from 500,000 to 3.8 million. The partnership is also […]
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