NEW BOARD OF DIRECTORS FOR NIRSAL PLC

10th September, 2024, Abuja – Following the reconstitution of the Board of Directors of NIRSAL Plc on Friday, 30th August, 2024, the new Board members have been inaugurated at the 21st Meeting of the Board of Directors held on Tuesday, 10th September, 2024. The Board members include: i. Mr. Muhammad Sani Abdullahi, Deputy Governor, Economic…

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 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…