NCDMB, NEXIM Bank launch US$40m fund for women entrepreneurs in oil sector

NIGERIA – Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank NEXIM Bank have launched a US$40 million fund for qualified women entrepreneurs in the Nigerian Oil and Gas industry. The NCDMB is contributing US$20 million to the pool and it will be matched by the same amount in Naira by NEXIM, to be converted at prevailing official exchange rate. The Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote and the Managing Director of Nexim Nigerian Export-Import Bank, Mr. Abubakar Bello signed the memorandum of understanding on the…

Read More