Nigerian Export-Import Bank

The Nigerian Export-Import Bank (NEXIM) is an export credit agency in Nigeria, established in 1991.[1]

Nigerian Export-Import Bank
Export credit agency
Founded1991 in Abuja, Nigeria
Headquarters
Abuja
,
Nigeria
Area served
Nigeria
Key people
Abubakar A. Bello
OwnersFederal Government of Nigeria, Central Bank of Nigeria
Websitewww.neximbank.com.ng

History

The bank was established by the Federal Government of Nigeria with Act 38 of 1991 to replace the Nigerian Export Credit Guarantee & Insurance Corporation.[2] It provides export credit guarantees and export credit insurance for exports of Nigerian commodities and services within and outside West Africa.[3] In 2014 it had a capacity of $39.5 billion in credit and securities for Nigeria's non-oil exports.[4]

Some of the current key officials of the Bank includes:

Abubakar A. Bello, Managing Director / Chief Executive Bala M. Bello , Executive Director (Corporate Services) Hon. Stella Okotete Executive Director (Business Development)

Citations
  1. "NEXIM Bank: Closer to the Economy than Thought". thisdaylive.com. Archived from the original on 2015-04-02.
  2. Nigerian Export-Import Bank (NEXIM). Wand Inc. Accessed April 2015.
  3. "Analysis: NEXIM turns the positive curve, poised for more". Premium Times.
  4. Wale Odunsi (21 August 2014). "Jonathan re-appoints Robert Orya as NEXIM Bank MD". Daily Post.
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