As part of efforts to arrest the declining trend in export credits and boost investments in the non-oil export sector, the CBN recently approved two funding schemes and appointed NEXIM as the Fund Manager:

  • N500 Billion Export Stimulation Facility (ESF) – Newly Introduced
    • Tenor of up to 10 years for project finance facility inclusive of moratorium of 2 years.
    • Working Capital / Stocking facility shall be for a maximum tenor of one year with the option of roll-over not exceeding twice
    • Maximum interest rate of 7.5% per annum for facilities with a tenor of up to three (3) and (9%) per annum for facilities with tenor of over three (3) years.
  • N50 Billion Export Rediscounting & Refinancing Facility (RRF) – Enhancement of existing N1.225 Billion RRF being operated by NEXIM from inception in 1991
    • It is a rediscounting & refinancing window available to Commercial Banks for a maximum tenure of 360 days.
    • Export bills / transactions shall be discounted / refinanced at an “all-in” rate of a maximum of 6% per annum with the Bank allowed a maximum spread of 3%.


The Bank’s facilities are available to any registered, creditworthy export Company/Cooperative Society, incorporated in Nigeria, registered with the Nigerian Export Promotion Council (NEPC).


  1. Application Form
  2. Certified True Copy of Certificate of Incorporation, Certified True copies of CO2 & CO7; and Memorandum & Articles of Association;
  3. Current three year tax clearance;
  4. Three (3) year Audited Accounts and most recent management accounts, where applicable
  5. Feasibility Study/Business Plan including Projected Cash flow, P&L and
  6. Board Resolution Authorizing Company to borrow and Letter of Authorization for NEXIM to seek information on Company;
  7. Registration with NEPC;
  8. Proforma Invoice; Export Contract or MOU and Evidence of past export(s) if any;
  9. Valuation Report of the proposed security;


Head Office

                                                Plot 975, Cadastral Zone A0,

                                                Central Business District,





Do you need further information and guidance on how to assess NEXIM loans; Contact Agro News Nigeria;,

Visit our agric finance page at;

Call; 08035044364, 07031097516


  1. We are interested in getting the loan so that it would make our business easy please we need to know how to get the loan easy so that we can apply for it.

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