As a follow-up to the launch of the export stimulation facility initiated by the Central Bank of Nigeria, CBN, a stakeholders parley has been organized by the Nigerian export-import bank, NEXIM, and the Apex Bank, to explain guidelines for accessing the fund. The acting Managing Director of Nexim Bank, Bashir Wali says the facility will be only operated by commercial banks focused on the export sector.
The 500 billion naira export intervention fund by the central bank of Nigeria is attracting the attention of stakeholders as the launch gains momentum. Already-established and prospective exporters, as well as representatives of commercial banks gather to discuss guidelines and how the fund can be accessed.
