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The primary function of NIRSAL PLC is to provide risk-mitigation services for financial institutions, including banks and microfinance banks when lending to the agricultural sector.
The dependence of the Nigerian banking sector on the Central Bank of Nigeira (CBN) soared this month with banks’ borrowings from the apex bank jumping from
In this report, our correspondents investigate what has become of the over N1.7trn Central Bank of Nigeria-disbursed Anchor Borrower’s Loan given to supposed rice farmers across the country
The special investigator appointed by President Bola Tinubu and his support team are set to commence quizzing officials involved in alleged sharp practices at the Central Bank of Nigeria (CBN) and related entities, Daily Trust findings reveal. Following the sacking and subsequent arrest of Godwin Emiefele, Tinubu appointed Jim Obazee as a Special Investigator to…
Three days to the deadline given by President Bola Tinubu, federal government agencies in collaboration with law enforcement operatives are struggling to recover billions of naira given to rice farmers as loans since 2018. Recall that President Bola Tinubu had given up to Monday, September 18, for the recovery of the funds. The ambitious Anchor…