FDI: Nigeria delivers 30% return on investment - NEXIM

FDI: Nigeria delivers 30% return on investment – NEXIM


As it looks to acquire foreign direct investment portfolios, the Export-Import Bank of Nigeria has announced that Nigerian investors are getting a return on investment of about 30%.

Stella Okotete, Executive Director, Business Development, NEXIM, disclosed this while hosting Mexican Ambassador to Nigeria Alfredo Miranda in Abuja recently.

She called for cooperation between the country and Mexico to expand access for Nigerian products to the Mexican market.

According to the head of NEXIM, cooperation with Mexico will increase the country’s foreign exchange earnings, attract investment opportunities and ultimately promote prosperity for the peoples of both countries.

According to a statement issued by the bank in Abuja on Sunday, Mr. Okotete used the opportunity to showcase made-in-Nigeria exports financed by the bank and highlighted other investment opportunities available in Nigeria.

She assured investors that there are huge profit opportunities in investing in Nigeria, especially in the non-oil sector.

“We are talking about 30 percent in some cases, between 7 and 30 percent. It is not available outside of Nigeria. So from a return on investment perspective, this is the best place to invest,” she said. Ta.

Source: dailypost.ng

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