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 the Aquaculture and Cassava value chains across locations in Imo, Sokoto, Kwara, and Oyo States. The…
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 bumper wheat harvest this year by training extension agents and farmers…
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…
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…
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…
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…
* 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 economies. This follows the issuance of a 50% Credit Risk Guarantee (CRG) and 20%…
* 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, and MTN Nigeria, launched the NIRSAL Farmers’ Business School (NFBS) – a mobile learning platform…
*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 Limited – a Cocoa Bean sourcing and exporting company in Lagos State –…
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 Lending (NIRSAL Plc) is partnering with the National Agency for Science and Engineering Infrastructure (NASENI). NIRSAL Plc has…