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FG Targets $150bn From Non-oil Exports In Ten Years

FG Targets $150bn From Non-oil Exports In Ten Years   The Federal Government says its target is to add at least $150 billion to the nation’s foreign reserves cumulatively from non-oil exports over the next 10 years. The government also hopes to create about 500,000 additional export...

NEXIM Rolls Out N500bn For Non-Oil Export

NEXIM Rolls Out N500bn For Non-Oil Export       The Nigeria Import Export Bank (NEXIM) is implementing N500 billion Non-oil Export Stimulation Facility and N100 billion Export Development Fund at single digit interest rate to support the production and export of goods and services. Managing Director and Chief...

Nigeria Records N5trn Non-oil Exports

Nigeria Records N5trn Non-oil Exports       More than N5 trillion non-oil export cargoes were ferried out of the country in the fourth quarter of last year. The goods were shipped out of Lagos ports and formed part of the total export goods valued at about N6 trillion. Customs...

LCCI, NEXIM Bank Seek Policies To Grow Non-oil Exports

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...

Exporters, Agents Lament Difficulties In Obtaining CBN Proceeds Number

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...

NEPC, Operators Seek National Carrier To Boost Non-oil Export

NEPC, Operators Seek National Carrier To Boost Non-oil Export       While building the capacity of non-oil exporters is key for market penetration, the country needs a national carrier to further improve its chances of entering new markets and deepening non-oil export growth, the Nigerian Export Promotion...