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How does the Nigerian government facilitate access to trade finance for exporters?
Posted : 29/04/2024 4:45 pm
The Nigerian government facilitates access to trade finance for exporters through the following
The Nigerian Export Promotion Council (NEPC) offers financial grants to exporters.
The Central Bank of Nigeria (CBN) regulates and supervises financial institutions, providing guidelines for credit and foreign exchange.
The Nigerian banking system includes commercial banks, micro-finance banks, discount houses, finance companies and development finance institutions that offer loans and other financial services to exporters.
-The government also provides support through initiatives such as the Export Development Fund and the Nigerian Export-Import Bank (NEXIM).
Posted : 01/05/2024 7:45 pm
