CBN, NEXIM, others reiterate commitment to improved export earnings

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BY BAMIDELE FAMOOFO

Uba Group

The Central Bank of Nigeria, the Nigeria Export Import Bank the Nigeria Sovereign Investment Authority and Heritage Bank PLC have reiterated their commitment towards improved local productive activities that will boost the country’s export earnings.

To this end, they have given their support to the Finance Correspondents Association of Nigeria as it assembles bankers, relevant government agencies, handling companies and manufacturers at the upcoming 2022 annual conference to dissect challenges facing Nigeria’s local productive capacity for enhanced foreign exchange earnings.

Other institutions that have thrown their weight behind the association on this initiative include: United Bank for Africa (UBA), Bank of Industry (BOI), Sterling Bank, Development Bank of Nigeria (DBN), Securities and Exchange Commission (SEC), the Assets Management Corporation of Nigeria (AMCON), Strategic Effects Limited, First City Monument Bank, Polaris Bank, Wema Bank, Sparkle Nigeria Limited, Union Bank, Guaranty Trust Holding Company, and Standard Organization of Nigeria (SON).

Others are: the Nigerian Shippers Council, Standard Organization of Nigeria (SON), Bank of Industry (BOI) Starlink Nigeria Limited and Fidelity Bank.

The theme of the conference scheduled to hold on September 17th and 18th, 2022 at Lekki Lagos is: “Boosting Domestic Capacity for Sustainable Export Earnings”.

Seasoned experts and leaders in the financial services sector will serve as panelists in the media interactive session with sub-themes: Effective Implementation of the CBN RT 200 FX Programme, Role of Standardization in Nigeria’s Non-oil Export and Addressing Impediments to Commodity Exports.

The keynote address will be delivered by the Managing Director/CEO, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe while the Managing Director/CEO, Heritage Bank Plc, Ifie Sekibo will be the Guest Speaker.