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Annex D: ECA Data Sheets
The data sheets summarize each organization, based on publically available data. Business
Volumes rely on the most recently annual reports (where available) as well as the 2012 and 2013
Aman Union performance reports from which business volumes per agency have been derived.
Values in USD may vary due to exchange rates.
Nigerian Export-Import Bank (NEXIM)
Name of Entity: Nigerian Export-Import Bank (NEXIM)
Status: 100% government owned (50% Central
Bank of Nigeria; 50% Federal Ministry of
Finance Incorporated)
Corporate Form: State-owned company
Year of Establishment:
1991
Capital: N 17.25 billion
(USD 109.7 million)
Size of staff: 64 (2010)
Financial outturn: Operating profit
2008 2009 2010
N mn 153.35 -5,460.81 189.39
USD mn 0.975 -4,713.69 1.204
Assets:
2008 2009 2010
N bn 18.71 15.6
8
21.3
4
USD
mn
118.94
99.6
8
135.
66
Product Offerings
Financing
 Direct Lending Facility: Provides loans to exporters to fund their purchase of capital
goods, raw materials, packaging materials and spare parts.
 Foreign Input Facility: Provides exporters foreign currency loans to import capital
equipment, packaging and raw materials to produce finished products for export.
 Export Trade Support Facility: Medium to long-term financing facility in local currency
provided to exporters to finance capital purchases and other activities that would
require more than one year to repay.
 NDE Facility: Provides direct financial assistance to qualified unemployed Nigerian
Graduates who have participated in the Start-Your-Own-Business Programme and
completed a tutelage with established exporters.
 Rediscounting and Refinancing Facility: Provided to commercial and merchant banks
who in turn provide short-term finance in support of exports, in order to reduce the
cost of credit and increase competitiveness of the sector.
 Stocking Facility: Provided to manufacturing exporters as part of working capital to
stock local raw materials that are mainly seasonal in nature, and achieve optimum
levels of production all year round.
 Nigeria Creative Arts & Entertainment Industry Loan Scheme
Guarantee
 Export Credit Guarantee Facility (ECGF): Protects Nigerian Banks against the risks of
non-payment for loans or advances granted to exporters to meet short-term export
contracts.
Insurance
 Export Credit Insurance Facility: Protects exporters against non-payment risks related
to exported goods.
Bonding Facilities: N/A
Advisory and Other Services
 ECOWAS Interstate Road Transit Scheme: Promotes free flow of goods among member