Global Trade Alert
Global Trade Alert

Nigeria: NEXIM Bank launches a NGN 50 billion Export Development Facility

Announcement

10 Apr 2019

In April 2019, the Nigerian Export-Import Bank (NEXIM) announced an NGN 50 billion (USD 140 million) Export Development Facility (EDF) to support value-added exports, especially by the Small and Medium Enterprises (SMEs). 

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Apr 2019

Revocation date:

No revocation date

Updated: 10 Apr 2019
State loan In force

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Updated: 10 Apr 2019
Other export incentive In force

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Updated: 10 Apr 2019
Local content incentive In force

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Updated: 10 Apr 2019
Trade finance In force

On 10 April 2019, the Nigerian Export-Import Bank (NEXIM) introduced the NGN 50 billion (approximately USD 140 million) Export Development Facility (EDF) aimed at supporting local companies, e...

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