Nirsal mfb news

Here are some recent news and updates about the National Inland Waterways Authority (NIWA) and the Microfinance Bank (MFB) scheme:

NIWA News:

  1. New Inland Waterways Act: The Federal Government has signed the new Inland Waterways Act, which aims to promote the development of inland waterways in Nigeria. The Act provides for the establishment of the National Inland Waterways Authority (NIWA) as a regulatory body for inland waterways.
  2. NIWA's Revenue Generation: NIWA has generated N1.4 billion in revenue in the first quarter of 2022, a significant increase from the N1.1 billion generated in the same period in 2021.
  3. NIWA's Plans for Port Development: NIWA has announced plans to develop the country's inland ports to increase cargo handling capacity and reduce congestion at the ports.

MFB News:

  1. MFB's Loan Disbursement: The Microfinance Bank (MFB) has disbursed N10 billion in loans to small and medium-scale enterprises (SMEs) in the first quarter of 2022, a significant increase from the N5 billion disbursed in the same period in 2021.
  2. MFB's Financial Inclusion: The MFB has launched a financial inclusion program aimed at increasing access to financial services for low-income individuals and SMEs.
  3. MFB's Partnership with NIWA: The MFB has partnered with NIWA to provide financial services to operators in the inland waterways sector, including boat operators and cargo handlers.

NIRSAL MFB News:

  1. NIRSAL MFB's Loan Disbursement: NIRSAL MFB has disbursed N20 billion in loans to farmers and agricultural businesses in the first quarter of 2022, a significant increase from the N10 billion disbursed in the same period in 2021.
  2. NIRSAL MFB's Agricultural Financing: NIRSAL MFB has launched an agricultural financing program aimed at providing financial support to farmers and agricultural businesses.
  3. NIRSAL MFB's Partnership with NIWA: NIRSAL MFB has partnered with NIWA to provide financial services to operators in the inland waterways sector, including boat operators and cargo handlers.

Please note that these news updates are subject to change and may not be up-to-date. It is always best to verify information through official sources or reputable news outlets.