NCDMB, NEXIM Release N62bn to Boost Oil & Gas SMEs   As part of the measures to empower Nigeria’s oil and gas services sector, the Nigerian Content Development and Monitoriong Board (NCDMB), and Nigerian Export Import Bank (NEXIM) have disbursed about $42 million (about N62bn) to...

Nigeria Investors Provide 30% Return on Investment – NEXIM   The Nigeria Export-Import Bank (NEXIM) has disclosed that investors in Nigeria earn about 30 per cent return on their investments. The Executive Director of Business Development, NEXIM, Stella Okotete, disclosed this while playing host to the Mexican...

FG Spends N2tn on Local Content Project  The Federal Government has spent N2 trillion ($4 billion) on local content development over the past 12 years. In a document on the ‘Nigerian Content Intervention Fund’, Obinna Ofili, the General Manager of the Nigerian Content Development Fund &...

NEXIM Earmarks N36bn For SMEs’ Export Business In 36 States           The Nigerian Export-Import Bank has said it has earmarked a minimum of N1bn for every state of the federation to be disbursed to targeted export-oriented projects in the Small and Medium Scale Enterprises sector. The bank...

NCDMB, NEXIM Raise $40m Fund For Women In Oil Sector     Qualified women entrepreneurs in the Nigerian oil and gas industry can now benefit from the $40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board and Nigerian Export-Import...

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...