NCDMB PORTAL

Plot 975 Cadastral Zone AO, Central Business District, Abuja

Phone: (+234) 9 4603630 – 9

Email: neximabj@neximbank.com.ng

NCDMB PORTAL reportgov.ng

Corporate Social Responsibility

The Nigerian Export-Import Bank (NEXIM) actively integrates sustainability into its core operations and financing, primarily through initiatives aimed at diversifying Nigeria's non-oil exports and promoting environmentally and socially responsible business practices.

Key Sustainability Initiatives

  • Green Export Facility: Launched in 2024, the N50 billion Green Export Facility specifically finances eco-friendly practices, such as providing funding for sustainable packaging for cashew and cocoa exporters. This reduces carbon emissions while also supporting farmer incomes.
  • ESG Compliance and Reporting: NEXIM insists that all Memoranda of Understanding (MoUs) with partners include provisions for sustainability reporting and compliance with Environmental, Social, and Governance (ESG) standards, aligning with international expectations for long-term trust and responsible banking.
  • Non-Oil Export Promotion: The bank's fundamental mission is to diversify the Nigerian economy away from oil, which inherently promotes sustainable economic development. This is supported by facilities like the Export Development Fund (EDF) and the Non-Oil Export Stimulation Facility (NESF).
  • Climate and Sustainability Partnerships: NEXIM collaborates with international bodies, such as the U.S. EXIM Bank, on specific projects within the climate and sustainability sectors. They also work with Afreximbank on initiatives like improving inland waterways for more efficient, sustainable transport.
  • Clean Development Mechanism (CDM): NEXIM's policy encourages investment in the CDM to mitigate global warming effects and facilitate earnings from carbon credits, primarily through financial advisory services.
  • MSME Capacity Building: The bank focuses on strengthening small and medium enterprises (MSMEs) through capacity-building programs and financial inclusion initiatives, ensuring a more robust and sustainable non-oil export sector. This includes specific facilities for women and youth exporters.

NEXIM views sustainability not just as a compliance measure but as a core strategy for building a resilient, inclusive, and diversified Nigerian economy.