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...

NEXIM Bank Disburses N52.9bn To Boost Non-oil Activities     The Nigerian Export-Import Bank (NEXIM) has refuted allegations that it mismanaged a N50 billion-Central Bank of Nigeria (CBN) Export Development Fund (EDF). Rather, it noted that following the release of the fund in February 2018, to support export-oriented...

FG Appoints Kingsley Obiora as Chairman NEXIM   Dr. Kingsley obiora has taken over as the Chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM). Obiora replaces Dr. Joseph Nnanna, who retired from NEXIM Board in February, 2020. With this appointment, Dr. Obiora will...

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...

Nigeria Lost $10bn To Non-oil Exports — NEXIM   Nigeria has lost about $10bn (about N3.6tn) over the past five decades in non-oil export opportunities in crops such as cocoa, oil palm, cotton and groundnut alone. The Managing Director/Chief Executive Officer, Nigeria Export-Import Bank, Mr Abubakar Bello,...