The Managing Director (MD) of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, has blamed poor railway infrastructure for the recent devastating flood in Mokwa, Niger State. The flood claimed over 200 lives, with property worth billions of naira destroyed. Abdulhameed stated this on Thursday when he appeared before the House of Representatives Committee on Hydrological …

The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The decision, approved by CBN Governor Mr. Olayemi Cardoso on Friday, marks the latest in a series of layoffs at the apex bank since he assumed office last year. The sacked NIRSAL executive directors are …