The Nigerian Export-Import Bank (NEXIM) in collaboration with the Central Bank of Nigeria and other financial institutions, have said it will implement two intervention schemes to revamp ailing industries and enhance their contributions to non-oil exports in the country. The intervention schemes, according to the bank are in two categories, predicated on its broad philosophy […]
Read More
Nigeria has lost opportunity of exporting 1.4 million tons of coal from the middle belt area of the country to Ghana annually, the Nigerian Export Import Bank, NEXIM has said. Speaking at the Sub-regional workshop and joint committee meeting organized by the Union of African Shippers Council in conjunction with the United Nations Conference on […]
Read More
The Nigerian Export Promotion Council (NEPC) and Nigerian Export Import Bank (NEXIM) have certified some products made by Micro, Small and Medium Enterprises’ (MSMEs) suitable for export. The agencies gave the certification at an exhibition held for MSMEs that were shortlisted for the maiden National MSMEs Awards in Abuja last week. Chief Executive Officer, NEPC, […]
Read More 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 foreign exchange earner for the country. The development was confirmed by the Managing Director, NEXIM Bank, Mr […]
Read More “The mandate of the Nigeria Export-Import (NEXIM) Bank, as an agency of the Federal Government, is to grow the non-oil export by participating in its financing.” This mandate, as stated above by its Managing Director/Chief Executive, Mr. Abba Bello, received a fillip when the Central Bank of Nigeria (CBN), last December, reinstated the ₦500 billion […]
Read More
Having grossed ₦23 billion from the Voluntary Assets and Income Declaration Scheme (VAIDS) in 2017, the Federal Government expects to net considerable tax revenue this year through the scheme. According to Mr. Tunde Fowler, Chairman of the Federal Inland Revenue Service (FIRS), VAIDS had earned the Federal Government the sum of ₦17 billion by early […]
Read More
