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NEXIM Bank and Iniatives in the Non-Oil Sector

By Bashir Wali, NEXIM ag MD “The funds are expected to attract and incentivize new and additional investments to the non-oil export sector and enhance their competitiveness.” The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting the country’s non-oil exports. The...

NEXIM, AFREXIM Bank to Revamp Nigeria’s Cocoa Sector

In the bid to revive the ailing cocoa Industry in the country, the Afreximbank and the International Cocoa Organization (ICCO) met with the Bank of Agriculture (BOA) and the Nigerian Export-Import Bank (NEXIM) to discuss possible ways of intervention and development of the Cocoa...

G-NEXID Participates in UNCTAD 14 in Nairobi Kenya

The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) is participating in the 14th United Nations Conference on Trade and Development (UNCTAD 14) which is taking place in Kenyan capital of Nairobi under the theme 'From decision to action: Moving towards an...

NEXIM Bank Appointed as FG’s Managing Agent

The Nigerian Export-Import Bank (NEXIM) has been appointed by the Federal Government of Nigeria as managing agent of the newly introduced Export Stimulation and Export Rediscounting and Refinancing facilities to support the dwindling export market and boost the country’s revenues and foreign exchange earnings. In...

Agro-Processing To Drive Nigeria’s New Economy

On the back of strong support for domestic food production and processing, Nigeria can launch an era of food diplomacy with her trading partners.   Nigeria is in a transition from supreme oil-dependency to a more diversified economy. Susceptibility of the domestic economy to external revenue...