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Global Trade Alert

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Nigeria: Nigerian Central Bank and Export-Import Bank launch Export Stimulation Facility

Description

On 8 June 2021, the Nigerian Export-Import Bank (NEXIM) announced the implementation of naira 500 billion (approx. USD 1.2 billion) non-oil Export Stimulation Facility. The measure is meant to increas...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

08 Jun 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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