CREATING INVESTMENT AND DEVELOPMENT OPPORTUNITIES FOR EDO PEOPLE
During the 30th Annual General Meeting (AGM) of the African Export-Import (Afrexim) Bank in Accra, Ghana, yesterday, Mr. Kingsley Ulinfun, A Labour Party Aspirant for the 2024 Edo State Governorship Election and former Managing Director/CEO of UBA Tanzania Ltd, joined Mr. Abba Bello, the Managing Director/CEO of Nigerian Export-Import (NEXIM) Bank.
NEXIM Bank was established with the aim of providing short- and medium-term loans to Nigerian exporters. It goes further by offering loan guarantees from Nigerian Banks and credit insurance to protect against non-payment by foreign buyers. The bank’s pivotal functions encompass export credit guarantee insurance, provision of credit in the local currency to bolster exports, management of funds connected to exports, and the maintenance of a foreign exchange revolving fund for lending purposes.
Mr Kingsley Ulinfun explores the vast export investment opportunities available to the people of Edo and how NEXIM Bank can serve as an invaluable partner in driving the state’s growth and development.
