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AGRICULTURAL PRODUCTIVITY: NIRSAL EMPOWERS OVER 2,000 FARMERS IN 4 STATES
August 7, 2024, Owerri – In line with its mandate to de-risk agriculture and facilitate agribusiness in Nigeria, NIRSAL Plc has completed a midyear capacity development programme for agricultural value chain actors, particularly lead farmers and extension agents in...
NIRSAL FACILITATES CAPACITY DEVELOPMENT PROGRAM FOR JIGAWA WHEAT FARMERS AND EXTENSION AGENTS
Dutse, Jigawa State – In a bid to deepen collaborations with the Federal Ministry of Agriculture & Food Security and support the food security agenda of the Federal Government, NIRSAL Plc is bringing its expertise and experience to bear on Nigeria’s pursuit of a...
NIRSAL SECURES N1 BILLION FACILITY FOR INTEGRATED POULTRY FARM IN RIVERS
Port Harcourt – Consummating their partnership in agriculture and agribusiness financing, NIRSAL Plc and Polaris Bank have provided a N1 billion working capital facility for Globetrot Farmsponsor Limited, an integrated poultry farm in Oyigbo Local Government Area of...
NIRSAL PLC REINVIGORATES ITS PARTNERSHIP WITH MOROCCO’S BANK OF AGRIC
In a development that has rekindled their six-year partnership, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and the Credit Agricole Du Maroc (CAM) have signed a Memorandum of Understanding (MOU) that is geared towards the promotion of...
NIRSAL CREDIT RISK GUARANTEE: SUPPORT TO AGRO PROCESSING HITS ₦73 BILLION
In carrying out its mandate of creating a stronger linkage between segments of Nigeria’s Agricultural Value Chain (AVC) and subsequent AVC-linkage to commercial bank finance, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has...
NIRSAL SBSS: Spurring Organic Economic Growth Through Training and Mentorship in the Agric Sector
Only a part of the story of NIRSAL Plc’s impact in the Agricultural Finance Value chain is told by N128 billion facilitated for agriculture and agribusiness since inception. In the first place, there are boulders limiting access to finance for actors in the value...
NIRSAL PLC SECURES FINANCING FROM UNION BANK, STERLING BANK FOR POULTRY PRODUCTION, COCOA EXPORT IN CROSS RIVER
* Gbagolo Integrated Farms Limited, TOAJ Nigeria Limited receive N232m Working Capital Boost The Poultry and Cocoa Value Chains in Cross River State have received a much-needed boost that is expected to generate significant gains for the local and national...
NIRSAL PLC LAUNCHES INTERACTIVE BUSINESS SCHOOL FOR FARMERS
* Mobile Phone-based Product to Run on MTN Network Abuja – In line with the Technical Assistance pillar of its mandate, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) in collaboration with its partners Successory Nigeria Limited,...
COCOA: NIRSAL BOOSTS N1.15 BILLION EXPORT FACILITY IN LAGOS
*ADT Russet Limited gets support to export 4,000MT of cocoa annually In a move that will help Nigeria benefit from the over $67 billion global cocoa market, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has provided ADT Russet...
NIRSAL, NASENI PARTNER ON END-TO-END AGRICULTURAL MECHANIZATION, CLIMATE SMART IRRIGATION AND OTHER AGRICULTURAL ENGINEERING SOLUTIONS
The partnership will create 110,000 jobs In continuation of delivering on its mandate of providing end-to-end solutions aimed at fixing breakages along the Agricultural Value Chains (AVC) in Nigeria, The Nigeria Incentive-Based Risk Sharing System for Agricultural...
NIRSAL CHAMPIONING ADVOCACY FOR A HARMONIZED SYSTEM FOR AGRICULTURAL COMMODITY TRANSPORTATION AND STORAGE
December 3, 2020, Abuja, Nigeria – In line with its mandate to fix broken agricultural value chains and increase the flow of finance into the sector, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) is championing advocacy for the...
AGRICULTURAL INSURANCE: NIRSAL, ROYAL EXCHANGE LAUNCH HYBRID MULTI-PERIL INDEX AGRIC INSURANCE PRODUCT
*Product will protect farmers from bad weather risks and losses In a move that will have a significant positive impact on agricultural productivity and assured income for farmers at this challenging time, the Nigeria Incentive-Based Risk Sharing System for...
NIRSAL, NIMET PARTNER TO ENHANCE AGRICULTURAL OPERATIONS THROUGH PROVISION OF AGROMETEOROLOGICAL DATA
As part of efforts to improve agricultural productivity and further de-risk Agriculture, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) and the Nigerian Meteorological Agency (NiMet) have partnered to ensure Nigerian farmers...
ABP: NIRSAL EMPOWERS 475 FEMALE CASSAVA FARMERS IN UYO
*Supports 2,872 Farmers in South-South Region In adherence to the principles of all-inclusive growth, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) is empowering 475 female farmers in Uyo for cassava production during the 2020...
FARMERS, IDPs IN BORNO RECEIVE THE CBN’S STRATEGIC SUPPORT FOR 2020 WET SEASON FARMING
As a contribution to the Federal Government’s restoration of socio-economic stability in Borno State, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has flagged off distribution of input materials under the Central Bank of...
NORTH-CENTRAL: FARMERS LOOK FORWARD TO BUMPER HARVEST THANKS TO THE CBN’S ANCHOR BORROWERS’ PROGRAMME
*Farmers leveraging NIRSAL’s Agro Geo-Cooperative® model Rice, maize, cassava, sesame and soybean farmers in Nasarawa, Niger, Kogi and Benue states as well as the FCT are positioned for an increase in yields and improvement in livelihoods following The Nigeria...
FARM MONITORING: NIRSAL ADOPTS MICROSOFT AZURE FARMBEATS TO BOOST PRODUCTIVITY, MINIMIZE RISKS
Agriculture plays a key role in the development and growth of African economies, contributing to employment and food security. Even though agriculture accounts for an average of 24% of the continent’s GDP, there remains a lot of untapped agricultural potential that...
NIRSAL FACILITATES OVER N102BILLION TO AGRICULTURE, CREATES 400,000 JOBS
*35,160 farmers benefit from insurance product The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL) has confirmed that it has facilitated over N102 Billion as loans from Commercial Banks since its inception, across the various...
HOUSE OF REPRESENTATIVES’ COMITTEEE ON PUBLIC ACCOUNTS LAUDS NIRSAL’S MANAGING DIRECTOR
*Backs Corporation in its Agribusiness transformation mandate The National Assembly is full of praise for Aliyu Abdulhameed, NIRSAL’s Managing Director/CEO, for his efforts in positioning the risk-management agency as the driver of agricultural development in...
CORRUPT INTERESTS SPONSOR MISCREANTS TO PROTEST AGAINST NIRSAL
*Protesters are not farmers, admit they were paid As part of the ongoing campaign against NIRSAL by corrupt interests fighting against the successful agricultural reforms by the Buhari administration, some sponsored miscreants have been staging a protest outside...
AGRICULTURAL INSURANCE: NIRSAL, ROYAL EXCHANGE LAUNCH HYBRID MULTI-PERIL INDEX AGRIC INSURANCE PRODUCT
L-R: Leonard Akah, Director of Policy & Regulation, NAICOM; Aliyu Abdulhameed, MD/CEO, NIRSAL Plc; Benjamin Agili, Director/CEO, Royal Exchange General Insurance Company and Khalid Momodu, Regional Manager, West Africa Anglophone, Swiss Re. *Product will...
NIRSAL, NIMET PARTNER TO ENHANCE AGRICULTURAL OPERATIONS THROUGH PROVISION OF AGROMETEOROLOGICAL DATA
February 28, 2019, Abuja – As part of efforts to improve agricultural productivity and further de-risk Agriculture, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) and the Nigerian Meteorological Agency (NiMet) have partnered to...
FARM MONITORING: NIRSAL ADOPTS MICROSOFT AZURE FARMBEATS TO BOOST PRODUCTIVITY, MINIMIZE RISKS
February 24, 2020, Abuja, Nigeria – Agriculture plays a key role in the development and growth of African economies, contributing to employment and food security. Even though agriculture accounts for an average of 24% of the continent’s GDP, there remains a lot of...
COCOA EXPORT- NIRSAL FACILITATES N2BILLION FACILITY IN ONDO
*Agro Traders Limited gets support to export 22,000 MT of cocoa In line with its core mandate, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is providing Agro Traders Limited – a Cocoa processing and export company in Ondo State –...
NIRSAL FACILITATES N6BILLION FERTILIZER AND GRAIN INVESTMENTS BY STANBIC IBTC BANK IN KADUNA
*Facilitates N23Billion investment by Stanbic IBTC across agricultural value chain Nationwide In line with its core mandate, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has facilitated over N6Billion into strategic projects in...
NIRSAL INTRODUCES STRUCTURED, MECHANISED FARMING APPROACH TO 851 FARMERS IN OGUN
In a shift from the subsistence farming practiced in Ewekoro, Yewa North, and Ogun Waterside Local Government Areas of Ogun State, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has organised 851 maize, rice and cassava farmers in...
NIRSAL-FACILITATED EDO RICE, MAIZE PROJECT DELIVERS OPTIMAL RETURNS TO FARMERS
The promise of the collaboration between the Edo State Government and NIRSAL on crop production is being delivered as Edo farmers realize a 100% increase in yields and revenues from the 2019 early wet season production of Rice and Maize as a result of improved...
Public Announcement
It has come to the notice of NIRSAL Plc that certain individuals are operating fake Social Media accounts impersonating the Organisation and its Management, oftentimes with the intent to prey on innocent, unsuspecting Social Media users. Accordingly, NIRSAL would like...
ECOBANK COMMITS N70B TO NIRSAL-SUPPORTED AGRIBUSINESS INITIATIVES
Lagos: July 17, 2019 – The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Understanding (MOU) with Ecobank on a N70Billion portfolio commitment from the bank to Agribusiness projects initiated and de-risked by...
NIRSAL’S N10B RATINGS PILLAR: 3 STATE GOVTS, BANKS SIGN ON FOR PILOT SCHEME
*OBJECTIVE IS TO BOOST FLOW OF MORE FINANCE INTO AGRICULTURE To further stimulate the flow of finance and investment into the agribusiness sector, the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has activated its Rating and Incentive...