Sugar Project Financing: NSDC Strikes Partnership Agreement with NEXIM Bank   The National Sugar Development Council (NSDC) and the Nigerian Export-Import Bank (NEXIM Bank) have struck a strategic partnership to pursue long-term, development-oriented financing for the large-scale transformation of the country’s sugar industry. This was the outcome...

NCDMB, NEXIM Sign $30m MoU On Oil Sector Retrenchments       In a bid to curb oil sector retrenchments in Nigeria, the Nigerian Content Development Monitoring Board and the Nigerian Export-Import Bank on Wednesday signed a $30m working capital and capacity building fund to support oil and...

NEXIM Rolls Out N500bn For Non-Oil Export       The Nigeria Import Export Bank (NEXIM) is implementing N500 billion Non-oil Export Stimulation Facility and N100 billion Export Development Fund at single digit interest rate to support the production and export of goods and services. Managing Director and Chief...

LCCI, NEXIM Bank Seek Policies To Grow Non-oil Exports       The Director-General, the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, and Managing Director of the Nigerian Export-Import Bank (NEXIM), Abba Bello, have called on the government to create policies that would increase the...

NEXIM Bank Refutes N50bn Fraud Allegation Against MD   The Nigerian Export-Import Bank (NEXIM), has refuted the fraud allegations made against its Managing Director and Chief Executive, Abba Bello, by a group known as Citizens Committee for Corruption Free Nigeria (CCCN). According to the Bank, a social...

Non-Oil Exports Remedy for Nigeria’s Economic Woes- Abba Bello …. Urges Increased Funding to Improve Human Capital Devt. The Federal Government has been urged to develop human capital by increasing funding to the education sector, especially science and technology education, adding that non-oil exports remain a...