30 results
- 21 Aug 2013
Nigeria’s New Freight Rates on Import, Export Begins Oct. 1
Nigerian importers and exporters can now trade cheaper, as the Nigerian Shippers' Council (NSC) has assured its readiness to begin implementation of the reviewed three per cent levy collected by the…
- 8 Jan 2014
NEXIM Creates Synergy with Nigerian Export Promotion Council
Mr. Olusegun Awolowo , newly appointed ED/CE of the Nigerian Export Promotion Council (NEPC), paid a courtesy call to the Managing D/CEO of the Nigerian Export-Import Bank (NEXIM) at the Headquarters…
- 17 Sept 2018
BOI, Export-Import Bank of China Sign MoU on $500m Financing Support
The Bank of Industry (BOI), Nigeria’s leading Development Finance Institution (DFI), and the Export-Import Bank of China (CEXIM) have signed a Memorandum of Understanding (MoU) on a $500 million…
- 20 Mar 2023
Stanbic IBTC Empowers Nigerian Export Business Owners
Stanbic IBTC Bank has empowered export business owners with the knowledge and resources needed to succeed in the export trade sector through its recently hosted Trade Export Webinar. During the…
- 5 May 2016
Nigerian Capital Imports Plunge 74% in First Quarter - NBS
The total value of capital imported into Nigeria in the first quarter plunged to $710.97 million, a 73.79 percent decline from the same quarter a year ago, the National Bureau of Statistics…
- 27 Aug 2020
NEXIM Bank, Yobe Sign Export Development Pact
The Nigerian Export-Import (NEXIM) Bank has signed a Memorandum of Understanding (MOU) with the Yobe State Government to facilitate export-related industrialization and attract investments that would…
- 28 Sept 2021
NEXIM Launches N36B Fund to Promote SME Sectors Across Nigeria
The Nigerian Export-Import Bank (NEXIM) has launched a N 36 billion Export Development Fund to be disbursed to targeted export-oriented projects in the Small and medium-sized enterprises (SME) sector…
- 31 Mar 2021
NEXIM, Afreximbank Mobilise $50m Funding for SMEs
The Nigerian Export-Import Bank has announced its partnership with African Export-Import Bank to mobilise the sum of $50m to support Small and Medium Enterprises in Nigeria. NEXIM announced in Abuja…
- News28 Aug 2026
Dangote Refinery Threatens to Export Fuel as Nigeria Continue to Import
Dangote Petroleum Refinery has threatened to export excess petrol stocks as surging imports cause uncertainties about domestic demand and make inventory planning more difficult.
- 11 Mar 2021
NEXIM Bank Urges Southeast Entrepreneurs to Access N50bn Debenture for Regional Enterprises
The Nigerian Export-Import Bank (NEXIM) has called on entrepreneurs in the South East to take advantage of its N50 billion debenture to support export oriented enterprises in the region. The South…
- 4 Dec 2023
NEXIM Bank Assures Foreign Investors 100% Access to FX for Repatriation
The Nigerian Export Import (NEXIM) Bank has assured foreign investors of 100 per cent access to their foreign exchange proceeds for reparation. Stella Okotete, the bank’s Executive Director, Business…
- 18 Jan 2019
BitPesa Holds Forum on Future of Finance in African Markets
BitPesa, Nigeria’s foremost cross-border payments platform and treasury solutions, is set to organize an executive forum on future of finance in African frontier markets. The company, in a press…
- 24 May 2010
NEPC, NFC, Others Team up to Export Entertainment Industry
The Nigerian Export Promotion Council (NEPC), World Bank, National Film and Video Censors Board (NFVCB), Nigeria Film Corporation (NFC) and Nigerian Copyright Commission (NCC) have joined forces to…
- 6 Sept 2019
Afreximbank to Support Nigerian Manufacturers with $500m Facility
The African Export-Import Bank (Afreximbank) says it will allocate 500 million dollars from its Nigeria-Africa Trade and Investment Promotion Fund to support Nigerian manufacturers. According to a…
- 7 May 2012
NEXIM Flags Off support for Film Production
The Nigerian Export Import Bank (Nexim) has flagged-off of its support for film production in Nigeria to help grow capacity in the entertainment industry. Black Ivory Communication is the first…
- 3 Jun 2015
ABX WORLD Partner Arik Air, SAHCOL for Agro-Allied Export
A Nigerian leading, globally recognized courier/cargo firm, ABX WORLD (NIGERIA), is increasingly making its mark in the world stage with the company's developing role in agro-allied products exports…
- 6 Feb 2026
Orya, Ex-NEXIM MD Jailed 490 Years for N2.4Bn Fraud
Robert Orya, former managing director, Nigerian Export-Import Bank, (NEXIM), has been sentenced to a cumulative 490 years’ imprisonment over a N2.4 billion fraud, following his conviction by a…
- 27 Jan 2014
NEXIM Bank Bags Best Performing African DFI
The Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank (NEXIM) as ‘Best Performing African DFI.’ The decision was an outcome of the ‘2013…
- 6 Feb 2013
AfDB Supports Export-Oriented SMEs to Boost Local Job Creation in Nigeria
African Development Bank (AfDB) yesterday signed an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of respectively $500 million to Bank of Industry (BOI) and…
- 16 Jul 2013
NEXIM Selects APO for Press Release Distribution in Africa
The African Press Organization (APO), the leading press release wire in Africa, and global leader in media relations related to Africa, has announced the signature of a retainer agreement as…
- 31 Jan 2013
AfDB Dangles $700m Credit on Local SMEs
African Development Bank (AfDB) has signed an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of $700 million to support export-oriented small and medium enterprise…
- 19 May 2016
EU Urged on Technical Support, Lift Ban on Food Exports from Nigeria
Nigerians have urged the European Union's for more technical support to ensuring food security and expanding the export fortunes of farmers. Similarly, they are of the opinion that EU's continued ban…
- 12 Mar 2021
Ecobank Reiterates Interest in Export Trade
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities,…
- 25 May 2015
Ecobank Nigeria Gets $15m from US Govt
Ecobank Nigeria has been granted a $15 million credit line under the United States Department of Agriculture (USDA) Export Credit Guarantee Programme. The GSM 102 Programme provides credit guarantee…
- 22 Jul 2013
NEXIM Bank Facilitates Regional Sealink Project
The Sealink Project conceived by the Nigeria Export-Import Bank, Federation of the West and Central Africa Chambers of Commerce and Industries (FEWACCI) and Transimex (an integrated logistic services…
- 28 Nov 2022
UK Reaffirms Commitment to Strengthen, Deepen Trade Relation with Nigeria
The UK has reaffirmed commitment to strengthen and deepen its relationship with Nigeria, as both sides confirmed their shared interest in pursuing a potential Enhanced Trade and Investment…
- 12 Apr 2018
Afreximbank to Assist Nigeria Airline Operators Acquire New Aircraft
AS part of its, efforts at improving the air transport infrastructure across Africa, the African Import Export Bank, Afreximbank and the Russian Export Center, REC, Wednesday, began a roadshow in…
- 27 Aug 2013
Okonjo-Iweala Inaugurates Sarah Alade-led NEXIM Board
The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, has been inaugurated by Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy…
- 18 Jun 2023
Tezza Academy Expands Industry Partnerships to Bridge IT Skill Gaps
Tezza Academy is taking strategic steps to broaden its industry partnerships and enhance its IT training model. The software training academy aims to foster collaborations with key economic players…
- 28 Jan 2016
FG to Generate N66.1Bn from Stamp Duty in 2016
Federal government is targeting additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on bank customers for money received into their accounts. Mr Godwin Emefiele, Central Bank…