Exporters Decry Shipment Delays Over CBN Policy       The Organised Private Sector Exporters Association (OPEXA) has called on the Central Bank of Nigeria (CBN) to urgently address the delays in shipments being faced by non-oil exporters since October when the bank enforced a new regulation on...

Exporters, Agents Lament Difficulties In Obtaining CBN Proceeds Number       Nigerian exporters have lamented the difficulties and undue stress in obtaining the Nigerian Export Proceeds Number, a new procedure introduced by the Central Bank of Nigeria for non-oil exportation. The exporters and agents in separate interviews said...

Fed Govt Disburses N195bn Export Grant To 270 Exporters       The Debt Management Office (DMO) has said that a total of N195 billion has been disbursed to 270 exporters under the Export Expansion Grant (EEG) programme of the federal government. However, the figure is lower than the...

In One Month, Top 10 Exporters Earned $74.78m       Top 10 exporters earned $74.78m from export proceeds in May despite lockdown introduced by the Federal Government to contain the COVID-19 pandemic spread according to the Central bank of Nigeria. The CBN stated this in its monthly economic...

Exporters Lament N9.28bn Decline In Grant   Exporters on Monday decried the N9.28bn drop in the Export Expansion Grant released by implementing agencies of the Federal Government. Speaking under the aegis of the Organised Private Sector Exporters Association, they explained that the grant was reintroduced by the...

Exporters Shun N13bn Credit Facility At NEXIM Bank   Nigeria Export-Import Bank (NEXIM), has revealed that over N13 billion of Federal Government’s credit intervention for export and Small and Medium Enterprises (SMEs) have not been accessed. NEXIM, North West Regional Head, Waziri Albishir, made the revelation during...