The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) with a share capital of N500, 000,000 (Five Hundred Million Naira) held equally by the Federal Government of Nigeria and the Central Bank of Nigeria. Which has the following main statutory functions: -
Provision of export credit guarantee and export credit insurance facilities to its clients. Provision of credit in local currency to its clients in support of exports. Maintenance of a trade information system in support of export business. Provision of domestic credit insurance where such a facility is likely to assist exports. The Bank presently provides short and medium term loans to Nigerian exporters. The Bank is also the government’s National Guarantor under the ECOWAS Inter-state Road Transit programme. The Bank’s authorized capital as at December 31 2005 was N50.0 billion with a fully paid-up portion amounting to N9.67 billion. [ Retrieved on 09-01-07 ]
We are regularly Selling: kidney beans, brown honey beans, reddish brown beans, white beans, black eyed beans, yellow maize corn, white maize corn, cocoa beans, groundnut.
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