-N500 billion
Export Stimulating Facility
-N50 billion Export
Rediscounting and Re-financing Facility
The Central
Bank of Nigeria (CBN) has established a N500
billion Export Stimulation Fund (ESF); and a N50
billion Export Rediscounting and Re-financing Facility (RRF), which are
being managed by the Nigerian Export-Import Bank
(NEXIM) to strengthen the non-oil sector and enhance its contribution to
export revenue generation and economic development.
These facilities are available to
all eligible non-oil export-oriented enterprises; and can be accessed through Commercial Banks and Development
Finance Institutions, at “all-in interest rate” of 9% per annum, and a
single maximum limit of up to N5 billion for the ESF; and “all-in interest
rate” of 6% per annum for the RRF on transacting specific basis.
NIGERIAN EXPORT-IMPORT BANK
NEXIM HOUSE
Plot 975, Cadastral Zone AO, Central Business District,
PMB 276, Garki, Abuja, Nigeria
+23494603630-9, +23494603638
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