The Nigerian Export Import Bank (Nexim) has taken a significant step towards strengthening its online digital learning platform, the Nigerian Export Academy (NEXA).
Nexim Bank has signed a Memorandum of Understanding (MoU) with Fidelity Bank and Sapphital Learning Ltd, aiming to deepen the impact of NEXA and promote non-oil exports through education. This collaboration is expected to drive better export outcomes, increased trade, and prosperity for Nigeria.
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Partnership for Enhanced Impact
Nexim Bank, Fidelity Bank, and Sapphital Learning Ltd have come together to consolidate their efforts and maximize the potential of NEXA. By joining forces, these institutions aim to boost the platform’s reach and effectiveness in empowering existing and aspiring exporters worldwide.
Fidelity Bank has been chosen as a key partner due to its proven track record of supporting export businesses in Nigeria. The bank’s hands-on export management initiative, designed to equip Nigerian exporters and stakeholders with essential business management skills, has made a significant impact in the industry.
Nexim Bank is confident that Fidelity Bank’s expertise will further contribute to the success of NEXA and enable Nigerian exporters to compete favourably in the global market.
NEXA: Empowering Exporters Through Digital Learning
NEXA, launched by Nexim Bank in 2021, is an innovative online learning platform aimed at enhancing the knowledge and skills of exporters.
It provides comprehensive courses covering all aspects of the export value chain, delivered by experts from around the world. Participants can access the platform from anywhere, allowing them to learn at their own pace while adhering to set timelines. Upon completion of the courses, participants receive certificates recognizing their achievements.
Sapphital Learning Ltd, the organization behind the design and facilitation of the NEXA online platform, plays a crucial role in informing the public about participation opportunities. Through their efforts, they ensure that exporters, both existing and aspiring, are aware of the benefits and accessibility of NEXA.
NEXIM: Fostering Export Growth and Economic Resilience
As Nigeria’s export credit agency, Nexim Bank provides short and medium-term loans to Nigerian exporters. The bank also offers short-term guarantees for loans granted by banks to exporters and provides credit insurance against political and commercial risks in the event of non-payment by foreign buyers. The establishment of the Nigerian Export Academy reflects Nexim Bank’s commitment to preparing Nigeria for a future without oil and building a resilient economy.
With the signing of the MoU between Nexim Bank, Fidelity Bank, and Sapphital Learning Ltd, the stage is set for an impactful collaboration to further drive the success of NEXA.
By leveraging Fidelity Bank’s expertise and Sapphital Learning Ltd’s online platform, Nexim Bank aims to equip exporters with the necessary knowledge and skills, ultimately fostering increased trade and prosperity for Nigeria. The partnership holds great promise for the country’s export sector and its aspirations for a diversified and sustainable economy.
