Nigeria Exports Offer 30% Investment Returns, NEXIM Invites Mexico For Collaboration

November 27, 2023
Stella Okotete ()

In a bid to strengthen economic ties, Stella Okotete, Executive Director of Business Development at Nigeria Export-Import Bank (NEXIM), has emphasized Nigeria’s potential for investment returns.

Speaking during a visit from the Mexican Ambassador, Alfredo Miranda, Okotete highlighted Nigeria’s non-oil export sector, emphasizing that returns on investment, ranges from 7% to an astounding 30%.

Join our WhatsApp Channel

She urged Mexican businesses to consider partnerships, highlighting opportunities for  landscape for foreign investors in Nigeria.

Okotete also hinted on Nigeria’s untapped mining sector, extending an invitation for collaboration to develop this area for export purposes.

Ambassador Miranda acknowledged the significant strides made by NEXIM to promote non-oil exports, pointing out Mexico’s $1.4 trillion economy and the potential for mutually beneficial trade between the two nations. He stressed the importance of identifying opportunities in both countries to boost trade, investments, and financing for their development.

The visit aims to deepen trade relationships and explore avenues for economic growth, showcasing a pivotal step in fostering a robust partnership between Nigeria and Mexico.

Emmanuel Ochayi
+ posts
Picsart copy x
Previous Story

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

dfeb ea f ac dcf ()
Next Story

5 Things ‘Mourinho Candidate’ Peseiro Must Do Before AFCON 

Featured Stories

Latest from Business News

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

Written by Amanze Chinonye Angola’s state-owned oil company Sonangol is continuing preparations for a planned initial public offering (IPO), with internal work focused on ensuring the sale delivers value to prospective shareholders, Executive Board Member Osvaldo Inácio said. Join our WhatsApp Channel The

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

Written by Amanze Chinonye African Energy Week (AEW) 2026 opened in Cape Town on Monday, bringing together government officials, energy companies, investors and project developers to explore opportunities for financing and developing Africa’s energy resources. Join our WhatsApp Channel More than 10,000 delegates

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

Written by Amanze Chinonye Kenya’s mounting debt repayments are intensifying debate over the impact of International Monetary Fund (IMF) lending conditions, including tax increases and spending cuts, as the government faces a major refinancing challenge ahead of the August 2027 general election, Prime

OPay Revenue More Than Doubles Ahead of Proposed US IPO

Written by Amanze Chinonye Nigerian fintech OPay recorded a sharp increase in earnings in the first half of 2026, with revenue climbing to $467.1 million as the digital payments provider moves towards a proposed listing on the New York Stock Exchange. Revenue for
Picsart copy x
Previous Story

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

dfeb ea f ac dcf ()
Next Story

5 Things ‘Mourinho Candidate’ Peseiro Must Do Before AFCON 

Don't Miss

AAUW Invites International Students To Apply For Scholarships In US Universities

AAUW Invites International Students To Apply For $50,000 Scholarships In US Universities

The American Association of University Women (AAUW) is proud to

12 Tunisian Players To Miss Nigeria Game After Testing Positive For COVID-19

Tunisia’s head coach Mondher Kebaier, influential forward Wahbi Khazri and