THE ROLE OF FINANCIAL INSTITUTION IN EXPORT FINANCING

This research work scrutinized the role of financial institution in export financing export financing is very important, as Nigerian Exporters have to complete with exporters from other parts of the who have already in the market and have easy. Access to various type of export finance sources. To be able to complete effectively with buyers able to offer attractive terms to forgiven buyers especially through bettered payment facilities which their competitors had provided all along with official insurance facilities to minimize the risk exporting to other nations. The federal government has and it still working hard is encourage export. A good step towards this is promulgation of export incentives and miscellaneous provisions degree of 1986, which came up with numerous incentive to export. More also, is the inauguration of NEXM. In a nutshell, its pertinent to not that export financing is of great importance towards economic development and balance of payment of our nation.