In a move that reinforces Nigeria’s commitment to strengthening local participation in the oil and gas sector, the Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Export-Import Bank (NEXIM) have disbursed $42 million to SMEs to enhance indigenous capacity and competitiveness. Surpassing the initial $30 million fund, this initiative aligns with the goals […]
The Nigerian Export-Import Bank (NEXIM Bank)has said that exporters in the country are still benefitting from the N50 billion Export Development Fund (EDF) managed by the bank. This, according to the bank, is contrary to assertions that exporters have shunned government intervention. The bank in a statement revealed that in the last nine months, more […]
The Niger Delta Development Commission, NDDC, has assured that it will set up a N2.5 billion export development fund in conjunction with the Nigerian Export-Import Bank, NEXIM. This was announced by the NDDC Managing Director, Mr. Nsima Ekere, when a delegation from the NEXIM Bank paid him a courtesy visit at the Commission’s headquarters in […]