NEXIM Bank Disburses N22bn in One Year - THISDAYLIVE via thisdaylive
The Nigerian Export-Import Bank has disclosed that it has disbursed about N22 billion to exporters in the non-oil sector in the last one year.
Aside its funding intervention, the Bank also said it has recorded a quantum leap in its financial indices, with a profit of about N2.09 billion recorded in 2018, from a loss position in 2017. Besides collaborating with the Central Bank of Nigeria in the management of intervention funds to the tune of N550 billion, its export support programme was predicated on the PAVE philosophy, that is, Produce, Add Value and Export.
“This is in addition to providing funding support towards establishing of conditioning, irradiation and sterilisation facilities to enhance shelf life of perishable goods, as well as production of jute bags, corrugated cartons and flexible packaging materials.
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