Nigerian Export-Import Bank (NEXIM)

Nigerian Export-Import Bank (NEXIM)

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Last update: Feb 10, 2025 Last update: Feb 10, 2025
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Details

Legal residence:Nigeria
Organization type:Financial service provider
Funding agencies:Other
Other
Sectors:Banking, Trade
Banking, Trade
Nr. of employees:51-200
Sanctions:Check now
Status:
Active

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About

The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 and 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.
  • Establishment and management of funds connected with exports.
  • Maintenance of a foreign exchange revolving fund for lending to exporters who need to import foreign inputs to facilitate export production.

Vision: To be the leading Export Development Bank in Africa
Mission: To facilitate export diversification and economic growth in Nigeria

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