The Court of Appeal, Abuja Division, on Friday, June 20, 2025, upheld the January 22, 2025 ruling of...
The Central Bank of Nigeria (CBN) has urged the Federal High Court in Abuja to dismiss a forfeiture case brought by the Economic and Financial Crimes Commission (EFCC) against a N2.7 billion property (located at Plot 781, Cadastral Zone 001, Karmo District) used as collateral to secure a loan from the apex bank through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL).
The House of Representatives has urged the Central Bank of Nigeria (CBN) to address the issue of under-financing in the agricultural sector by providing the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) with an additional $3 billion.
The Federal High Court in Abuja has reserved judgment on an application seeking the final forfeiture of N1.5 billion linked to a former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abatti Abdulhameed, and a consultant, Dr Steve Olusegun Ogidan.
Dr. Steve Olusegun Ogidan returned N1.5 billion to the EFCC to avoid conviction in a case involving former NIRSAL MD, Aliyu Abdulhameed, citing it as legitimate earnings from consultancy services.
A former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abatti Abdulhameed has urged the Federal High Court sitting in Abuja not to grant a final order of forfeiture against a N1.5 billion linked to him and a consultant, Dr. Steve Olusegun Ogidan.
The House of Representatives has initiated an investigation into the N1.12 trillion Anchor Borrowers Scheme, a Federal Government initiative for agricultural funding through the Central Bank of Nigeria (CBN).
In a significant agribusiness financing move, NIRSAL Plc and Polaris Bank provided a N1 billion loan for Globetrot Farmsponsor Limited, an integrated poultry farm in Oyigbo Local Government Area of Rivers State.
Nigeria’s President Bola Tinubu revealed he has there are immediate, medium- and long-term interventions and solutions to fix Nigeria’s food crisis.
NIRSAL's request for the payback of COVID-19 loans secured by many entrepreneurs across Nigeria has attracted mixed reactions.
NIRSAL Microfinance Bank has provided information on the approval of COVID-19 NIRSAL loan requests.
NIRSAL Microfinance Bank (NMFB) has warned Nigerians to stay clear from advertisements that claimed state governments or organisations partner Central Bank of Nigeria (CBN) and NMFB on the N50 billion COVID-19 Targeted Credit Facility (TCF)
