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Loan: NEXIM Bank Approves N25bn For Non-oil Exporters

Loan: NEXIM Bank Approves N25bn For Non-oil Exporters   The Nigerian Export-Import Bank on Thursday gave approval for the disbursement of the sum of N25bn to exporters in the non-oil sector. The move is part of efforts aimed at stimulating the non-oil sector to become a major...

NEXIM Bank Boss Seeks Speedy Passage Of Factoring Bill

NEXIM Bank Boss Seeks Speedy Passage Of Factoring Bill   The Managing Director/ Chief Executive, Nigerian Export -Import Bank (NEXIM), Mr. Abba Bello has said the expedited passage of the Factoring Assignments (Establishment) Bill by the National Assembly will present better financing alternative for cash-strapped micro,...

NEXIM Bank Backs Inland Dry Seaport Projects, Targets N5.12bn Profit in 2018

NEXIM Bank Backs Inland Dry Seaport Projects, Targets N5.12bn Profit in 2018   The Managing Director/Chief Executive, Nigerian Export-Import Bank (NEXIM), Mr. Abba Bello has put the bank’s estimated profit before “bad and doubtful” provisions for 2018 at N5.12 billion. The figure was however, expected to shrink...

Non-oil Export Projects: NEXIM Bank Earmarks N5bn In Niger-Delta

Non-oil Export Projects: NEXIM Bank Earmarks N5bn In Niger-Delta     The Minister of Finance, Mrs. Kemi Adeosun has inaugurated the Board of Directors of the Nigerian Export-Import Bank (NEXIM). In line with the Nigerian Export-Import Bank Act 38 of 1991, the new board has Deputy Governor, Economic...

NEXIM Bank Tasks Edo Exporters on N50bn Export Fund

NEXIM Bank Tasks Edo Exporters on N50bn Export Fund The Nigerian Export Import Bank (NEXIM) has urged Exporters in Edo state to make effort and access the N50 billion Export Development Fund (EDF) to boost the non-oil revenue in the state. Managing Director of NEXIM, Abba...

NEXIM Bank To Revive Ailing Industries In Kano

NEXIM Bank To Revive Ailing Industries In Kano   The Nigerian Export-Import Bank (NEXIM) has taken deliberate steps to revive ailing industries and enhance their contributions to non-oil exports in Nigeria. This was disclosed by the managing director/chief executive of the Bank, Mr. Abba Bello, during...