The financial institution established to boost Nigeria's trade with the rest of the world is called

Assessment: JAMB UTME - Commerce - 1994 Subject: Commerce

Question 1 Report

The financial institution established to boost Nigeria's trade with the rest of the world is called
Answer Details
The financial institution established to boost Nigeria's trade with the rest of the world is called the Nigerian Export-Import Bank. This bank was set up by the Nigerian government in 1991 to promote and finance exports and imports in Nigeria. Its primary objective is to improve the country's balance of trade, support the diversification of the economy, and create employment opportunities by providing financing and credit facilities to exporters and importers in the country.
Read lesson note on Trade (JAMB)
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