• Home
  • About Us
  • Contact Us
Saturday, September 30, 2023
Star Lite News
  • Home
  • News
    • All
    • Business
    Independence anniversary

    FG Declares Monday Public Holiday To Mark Her 63rd Independence Anniversary

    Sam Larry

    Breaking: Sam Larry now in police custody

    Wema Bank

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Muhammad Nami-FIRS

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Nigeria Passport

    Immigration Cleared 60,000 Passports Backlog In 4 days, Says FG

    Canada

    Canada Announces Visa-free Air tTavel Policy For Nigerians, Others

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Nuel Asii

    New Release: Rescue by Nuel Asii

    Senator

    Senator To Meet Cycling Davido’s Fan, Pledges To Sponsor His Music Career

    Sinead O’Connor’s

    Irish Singer Sinéad O’Connor Dies Aged 56

    Davido

    U.S City Declares July 7 As Davido Day

    Iyabo Oko

    Veteran Nollywood Actress, Iyabo Oko Is Dead

    Al Pacino

    Al Pacino, 83, Set To Become Father Again After Revealing Girlfriend, 29, Is Pregnant

  • Lifestyle

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    Independence anniversary

    FG Declares Monday Public Holiday To Mark Her 63rd Independence Anniversary

    Sam Larry

    Breaking: Sam Larry now in police custody

    Wema Bank

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Muhammad Nami-FIRS

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Nigeria Passport

    Immigration Cleared 60,000 Passports Backlog In 4 days, Says FG

    Canada

    Canada Announces Visa-free Air tTavel Policy For Nigerians, Others

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Nuel Asii

    New Release: Rescue by Nuel Asii

    Senator

    Senator To Meet Cycling Davido’s Fan, Pledges To Sponsor His Music Career

    Sinead O’Connor’s

    Irish Singer Sinéad O’Connor Dies Aged 56

    Davido

    U.S City Declares July 7 As Davido Day

    Iyabo Oko

    Veteran Nollywood Actress, Iyabo Oko Is Dead

    Al Pacino

    Al Pacino, 83, Set To Become Father Again After Revealing Girlfriend, 29, Is Pregnant

  • Lifestyle

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home Banking News

NEXIM Partners Fidelity Bank, And Sapphital To Grow Nigeria’s Export Sector

starliteadmin by starliteadmin
June 30, 2023
in Banking News, Business
0
Fidelity Bank
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

As part of efforts to boost Nigeria’s foreign exchange earnings, the Nigerian Export-Import Bank (NEXIM) has announced a strategic partnership with leading financial institution, Fidelity Bank Plc and Sapphital Learning Ltd.

The partnership will help improve the skills and performance of export businesses in Nigeria by leveraging the NEXIM Export Academy (NEXA); an online platform that provides exporters with capacity-building training and access to finance to scale their business.

L-R: MD/CEO FIDELITY Bank Plc, Mrs. Nneka Onyeali-Ikpe; MD/CEO NEXIM Bank, Mr. Abubakar Bello and founder Sapphital Learning Limited, Mr. Amu Ogbeide during the signing of the NEXA Memorandum of Understanding between Fidelity Bank, NEXIM Bank and Sapphital in Abuja.

The NEXA platform which was Launched with the support of Sapphital (a digital learning institute) in 2022, is designed to empower millions of businesses with resources needed to run successful export operations, perform at higher levels of quality control, and compete favorably in the global market. The platform aims to drive the growth of Non-oil Exports and Foreign Exchange by connecting all the stakeholders along the value chain to enhance learning, improve quality, and grow Intra-African and Global Trade.

Speaking during the Memorandum of Understanding (MOU) signing ceremony held in Abuja recently, the Managing Director, NEXIM, Mr. Abba Bello stated, “Part of the awareness the bank seeks to drive was to make people appreciate the fact and come to the knowledge that export is not only for big companies especially now that small manufacturers or traders can trade across borders. We seek to drive the knowledge that will help entrepreneurs know the processes, documentation and the kind of compliances they need to adhere to in their quest towards export and import business.”

On her part, the Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe noted that, the bank has consistently championed the promotion non-oil export and capacity building for players in the nation’s export and import business.

Her words, “As a bank, we have always been at the forefront of growing the non-oil export business. We focused on our export banking business over the years and we have remained consistent in pioneering initiatives geared towards aiding capacity-building and access to capital for local exporters. The partnership provides an opportunity to deepen the conversations in the export space and more importantly, to create value for the players in the sector.”

On the ultimate goal of the institute, the Founder/CEO, Sapphital Learning Ltd, Mr. Amu Ogbeide stated that, “We want to grow the export market, we want more people to join and grow”.

The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) owned by the Federal Ministry of Finance Incorporated and the Central Bank of Nigeria. The Bank presently provides short and medium term loans to Nigerian exporters. It also provides short term guarantees for loans granted by Nigerian Banks to exporters as well as credit insurance against political and commercial risks in the event of non-payment by foreign buyers. The Bank is also the government’s National Guarantor under the ECOWAS Inter-state Road Transit programme.

Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 7.5 million customers serviced across its 250 business offices and digital banking channels. The bank was recognized as the Best SME Bank, Nigeria, 2022  and also as the Best Payment Solutions Provider, Nigeria, 2023 by the Global Banking and Finance Awards. The bank had previously also won awards for the “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

Sapphital is the Education Alternative for individuals, teachers, employees, organizations, and business owners.

Tags: Fidelity Bank PlcFounder/CEOManaging DirectorManaging Director/Chief Executive OfficerMr. Abba BelloMr. Amu OgbeideMrs Nneka Onyeali-IkpeNEXIMNigerian Export-Import BankSapphital Learning Ltd.Starlitenews
Previous Post

Olympic boxer, Jerry Okorodudu, dies at 64

Next Post

Moment OPM Founder Apostle Chibuzor Chinyere Collapsed At The Airport (Video)

starliteadmin

starliteadmin

Related Posts

Access Bank

Access Bank Establishes Dedicated Desk To Enhance Agric Lending

by starliteadmin
September 28, 2023
0

Access Bank Plc has launched a dedicated Agriculture Desk that would support agribusiness and boost food security in Nigeria as...

Dangote Cement

Empowerment: Dangote Cement Ibese Sponsors 17 Host Communities Youths On Leadership Skills

by starliteadmin
September 28, 2023
0

As part of its Corporate Social Responsibility (CSR) towards empowering residents of its host communities, Dangote Cement Plc, Ibese Plant...

Dangote Cement

Dangote Cement Plc’s Management Roadshow at the London Stock Exchange

by starliteadmin
September 26, 2023
0

L-R: Head, Investor Relations, Dangote Cement Plc, Temilade Aduroja; Non-Executive Director, Dangote Cement Plc, Olakunle Alake; Independent Non-Executive Director, Dangote...

First Bank

FirstBank Sponsors Africa International Trade Exhibition, New York, Promotes Foreign Direct Investment in the Continent

by starliteadmin
September 25, 2023
0

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, sponsored the Africa International Trade Exhibition (A.I.T.E...

Dangote Cement Prirce

Dangote Debunks News Reducing Cement Price

by starliteadmin
September 25, 2023
0

Dangot Debunks News Reducing Cement Price. Dangote Cement Prirce

Dangote Clean Air Factory

Clean Air: Dangote Cement Reaching For The Blue Skies

by starliteadmin
September 25, 2023
0

By Francis Awowole-Browne Air pollution has been identified as one of the greatest environmental risk to human health with far-reaching impacts owing...

Next Post
Apostle Chibuzor Chinyere

Moment OPM Founder Apostle Chibuzor Chinyere Collapsed At The Airport (Video)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • A Day With Legends of Nollywood

    Legends of Nollywood Financial Summit Is Here, Meet The Speakers: Apostle Anselm Madubuko, Mrs. Bukola Agbaminoja, Pst. Moji Bakare Asieru-sweet, Others

    0 shares
    Share 0 Tweet 0
  • RECRA 2023 Host Gov. Babajide Sanwo-Olu, Bldr. (Dr.) Abdulhakeem Odegade, Paul Obazele, Other Eminent Personalities

    0 shares
    Share 0 Tweet 0
  • Akmodel M.D. Bldr.(Dr.) Odegade, Mr. Olajide Lawal, Nancy Isime, Others Receives Award At Eko Heritage Awards (Photos)

    0 shares
    Share 0 Tweet 0
  • M.D Of AKMODEL GROUPS, Bldr. (Dr.) Odegade, Paul Obazele, Favour Benson, Mrs Janet Mordi (M.D Zekod Farms LTD.) Mr. Ralph (Viju Industries), Others Attends RECRA 2023 (Photos)

    0 shares
    Share 0 Tweet 0
  • Akmodel First Physical Allocation At Akmar Flourish Gardens Epe (Photos)

    0 shares
    Share 0 Tweet 0

Recent Posts

  • FG Declares Monday Public Holiday To Mark Her 63rd Independence Anniversary
  • AKMODEL Homes And Properties To Launch Mega Double Estate Tagged: Unveiling The Box Of Your Luxury
  • Breaking: Sam Larry now in police custody
  • Mohbad Gave His Life For Others To Rise – Favour Benson
  • Access Bank Establishes Dedicated Desk To Enhance Agric Lending
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.