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 Rivers State, South-South Nigeria. With a mandate to share agribusinesses related credit risks with commercial lenders, NIRSAL…

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 inclusive growth and sustainable development of the agriculture sectors of both countries through the facilitation 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 facilitated the flow of over ₦73 billion into Nigeria’s Agro Processing industry to date from various sources, including…

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 chain. Creditworthiness, capacity to run a business efficiently, to grow and…