Monday, February 23, 2009

Export-Import Bank of the United States Affirms Continuing Financing Support for U.S. Exports to Nigeria

WASHINGTON, D.C. --- The Export-Import Bank of the United States (Ex-Im Bank) remains open to help finance U.S. exports to Nigeria, contrary to published reports in Africa. (In the recently released country limitation schedule effective February 26, 2009, Nigeria’s private and public sectors were qualified to receive all levels of support).

"Ex-Im Bank remains positive about financing U.S. exports to Nigerian buyers," said J. Joseph Grandmaison, the member of the Bank's board of directors who focuses on promoting financing of U.S. exports to sub-Saharan Africa. "In fact, at this moment, we have a number of pending transactions in Nigeria and are looking forward to doing even more business there."

In Fiscal Year 2008 Ex-Im Bank authorized approximately $197 million of loan guarantees and export credit insurance for export sales to Nigeria, with exposure in Nigeria totaling about $327 million.

In June, 2008, Ex-Im Bank more than doubled the size of its Nigerian Bank Facility to $1 billion. The facility covering 14 Nigerian banks allows for expedited processing of short- and medium-term insurance and guarantee transactions in support of U.S. exports to Nigeria, and it now accommodates long-term transactions as well.

Ex-Im Bank is the official export-credit agency of the United States. The independent, self-sustaining federal agency, now in its 75th year, helps create and maintain U.S. jobs by financing the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export-credit insurance and direct loans. For more information, visit www.exim.gov

Footnote: Ndudi Osakwe, Infoplus/IBG Nigeria has entered partnership with Joaquin Frias, Trade Credit Group/IBG Mexico as independent consultants to provide soft access to US EXIM Bank facility by Nigerian private and public sectors looking to buy machinery and equipment from the US.

Thursday, February 19, 2009

Nigeria, Ethiopia top African investment index

Nigeria and Ethiopia topped a new index of African potential investor destinations on Wednesday, with the survey organisers saying the continent offers good potential growth even against the global economic crisis.

The world‘s poorest continent had seen an investment boom in recent years, but flows into the region are seen drying up as the global financial crisis and falling commodity prices take the shine off what were seen as promising frontier markets.

Business consultancy, African Rainbow‘s Star of Africa index ranks 53 African countries in terms of their investment potential in various fields, with its creators arguing that potential growth in energy, water and communications consumption could amply reward investors taking the risk, Reuters reported on Wednesday.

”It is for investors to make sure they don‘t miss a trick by overlooking a country they would otherwise have missed,” Chief Executive of African, Rainbow, Katharine Pulvermacher, said.

”Africa is going to overtake the Middle East to become the second fastest growing region in the world after emerging Asia. It will be affected by the global financial crisis but it is much less exposed than many places,” she added.

Comment: The global financial meltdown may turn out to be a blessing in disguise for Nigeria. What is needed is for the Government to put in place the right infrastructure, then watch Nigeria become biblical Canaan, flowing with milk and honey. Ndudi Osakwe, IBG Nigeria.

Source: http://www.punchontheweb.com

Wednesday, February 11, 2009

Nigeria Trade Fairs 2009

FEBRUARY
Name: Specialized Education Fair (SEF)
Date: 16th – 22nd February 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Office Exhibition (OE)
Date: 16th – 20th February 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialised
Name: International Job Fair (IJF)
Date: 16th - 20th February 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Spirituality Expo (SE)
Date: 16th - 20th February 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Delta Domestic Trade Fair
Date: 19th February-2nd March 2009
Venue: Permanent Trade Fair Complex, Warri
Organiser: Delta State Chambers of Commerce and Industry
Nature: General

MARCH
Name: 30th Kaduna International Trade Fair
Date: 6th-15th march, 2009.
Venue: Kaduna International Trade & Investment Centre, Kaduna
Organiser: Kaduna Chamber of Commerce & Industry
Nature: General
Name: International Fashion Fair (IFF)
Date: 15th – 25th March 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited, Lagos
Nature: Specialized
Name: Organized Jewellery Expo (OJE)
Date: 15th – 25th March 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: 20th Enugu International Trade Fair
Date: 27th March- 6th April 2009
Venue: International Trade Fair Complex, Enugu
Organiser: Enugu Chamber of Commerce & Industry
Nature: General

APRIL
Name: 2009 Lagos Mega Trade Fair
Date: 3rd – 13th April 2009
Venue: Tafawa Balewa Square, Race Course, Lagos
Organizer: Osworld Associates Limited, Lagos
Nature: General
Name: Imo Trade Fair
Date: 9th – 20th April 2009
Venue: Owerri
Organizer: Owerri Chamber of Commerce and Industry
Nature: General
Name: 1st Port –Harcourt Commercial and Industrial Fair
Date: 17th – 30th April 2009
Venue: Isaac Boro Park, Port Harcourt, Rivers State
Organizer: T-Math Limited. Lagos
Nature: General
Name: 15th North East Joint Domestic Trade Fair
(Bornu/Adamawa/Yobe/Taraba/Gombe/Bauchi)
Date: April 2009
Venue: Babangida Square Bauchi
Organiser: Bornu Chamber of Commerce & Industry (BACCIMA)
Nature: General
Name: Furniture world (FW)
Date: 20th – 30th April 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Entertainment Fair (EF)
Date: 20th – 30th April 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Communications, Electronics and Household Trade Fair
Date: 20th – 30th April 2009
Venue: Calabar Cultural Centre, Calabar
Organizer: Christfaith Resources Limited, Abuja
Nature: General
Name: Arts Exhibition (AE)
Date: 20th – 30th April 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Gateway Trade Fair
Date: 21st April – May 2009
Venue: M.K.O. Abiola Trade Fair Complex, Abeokuta
Organizer: Ogun State Council of Chambers of Commerce and Industry
Nature: General
Name: Markets and Shop Com Shopping Festival
Date: 25th April to 2nd May 2009
Venue: Tafawa Balewa Square
Organizer: Incapint Limited, Lagos
Nature: General

MAY
Name: 2009 Abuja International Trade Fair
Date: 7th – 17th May 2009
Venue: Old Parade Ground, Area 10, Garki, Abuja
Organiser: Abuja Chamber of Commerce & Industry
Nature: General
Name: Computer Technology and Office Equipment ‘CTO 2009’
Date: 11th – 15th May, 2009
Venue: Muson Centre, Onikan, Lagos
Organizer: American Embassy (commercial section), Lagos
Nature: Specialized
Name: Preferred Agricultural Fair (PAF)
Date: 20th – 27th May 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: Real Estate Expo
Date: 20th – 27th May 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialized
Name: 11th Abuja Motor fair
Date: 20-27, May, 2009
Venue: Eagle Sq. Abuja
Organizer: BKG Exhibitions Limited
Nature: Specialised
Name: 1st Sokoto Trade Fair
Date: 28 May - 8 June, 2009
Venue: Sokoto Trade Fair Com,plex, Sokoto
Organizer: Sokoto Chamber of Commerce and Industry
Nature: General

JUNE
Name: Kitchen and More (KM) and plumbing and More (PM)
Date: 10-20 June, 2009
Venue: Lagos International Trade Fair Complex, Lagos
Organizer: Aulic Nigeria Limited
Nature: Specialised
Name: All Nigeria Trade and Investment Expo
Date: 16-19 June, 2009
Venue: NICON Transcorp Hotel, Abuja
Organizer: BKG Exhibitions
Nature: General
Name: Nigeria Exportable Products Trade Fair
Date: June 2009
Venue: Old Parade Ground, Abuja
Organizer: Local Govts SMEs Development, Lagos
Nature: Specialised
Name: 2nd Tinapa Trade Expo
Date: June 2009
Venue: Tinapa Business Resort Limited, Calabar
Organizer: Whizzo Promotions Ltd
Nature: General

JULY
Name: International Construction Exhibitions (ICE)
Date: 5-15 July, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulie Nigeria Limited
Nature: Specialised
Name: Flowers and Landscaping Fair
Date: 5-15 July, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialised

AUGUST
Name: Internet, Telecom and Computer Exhibition
Date: 3-9 August, 2009
Venue: Old Parade Ground, Abuja
Organizer: Abuja Chamber of Commerce
Name: Specialised International Business Fair
Date: 10-20 August, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited
Nature: Specialised
Name: Electronic and Information Technology Fair
Date: August, 2009
Venue: Tafawa Balewa Square, Lagos
Organizer: SM and LB Consulting, Surulere, Lagos
Nature: Specialised

SEPTEMBER
Name: Best of Nigeria Expo
Date: Aug/Sept. 2009
Venue: Old Parade Ground, Abuja
Organizer: Initiative Media, Lagos
Nature: General
Name: 2nd Abia Trade Fair
Date: Sept/Oct. 2009
Venue: Nsulu Games Village
Organizer: Initiative Media, Lagos
Nature: General
Name: International Auto and Machinery Exhibition
Date: 10-17 September, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited, Lagos
Nature: Specialised
Name: Transportation Expo
Date: 10-17 September, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited, Lagos
Nature: Specialised
Name: Pharma West Africa
Date: 1-3 September, 2009
Venue: Shehu Yar'Adua Centre, Abuja
Organizer: Global Resources and Projects, Lagos
Nature: Specialised

OCTOBER
Name: West Africa Health 2009
Date: 7-9 October, 2009
Venue: Expo Hall, Eko Hotel, Lagos
Organizer: Global Resources and Projects, Lagos
Nature: Specialised
Name: Nigeria Consumer Goods Fair
Date: 8-19 October, 2009
Venue: Old Parade Ground, Abuja
Organizer: Abuja Chamber of Commerce and Industry
Nature: General
Name: Odu’a International Agric. Fair
Date: October 2009
Venue: Adamasingba Sports Complex, Ibadan, Oyo state
Organiser: Odu’a Chamber of Commerce & Industry
Nature: General
Name: Health and Lifestyle Trade Promotion Fair
Date: October, 2009
Venue: National Museum, Onikan, Lagos
Organizer: Kellow West Africa, Lagos
Nature: General
Name: Energy Expo and Expo Medics
Date: 21-28 October, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulie Nigeria Limited, Lagos
Nature: Specialised
Name: Jos Trade Fair
Date: 22 October -2 November, 2009
Venue: Trade Fair Ground, Jos
Organizer: Plateau Chamber of Commerce and Industry
Nature: General
Name: Kwara Trade Fair
Date: October 2009
Venue: The Baseball Pitch, Ilorin,
Organizer: Kwara Chmaber of Commerce and Industry
Nature: General
Name: 5th Lagos Motor Fair
Date: 14-22 October, 2009
Venue: Tafawa Balewa Sq. Lagos
Organizer: BKG Exhibitions, Lagos
Nature: Specialised

NOVEMBER
Name: Kano International Trade Fair
Date: 19th November – 2nd December 2009
Venue: Trade Fair Complex, Zoo Road, Kano
Organiser: Kano Chamber of Commerce & Industry
Nature: General
Name : Lagos International Trade Fair 2009
Date: 6th-15th November 2009
Venue: Lagos International Trade Fair Complex
Organiser: Lagos Chamber Of Commerce and Industry
Nature: General
Name: Agrotech Africa Expo
Date: 19-21 November, 2009
Venue: Airport Hotel, Ikeja, Lagos
Organizer: Specialised
Name: Auction Fest
Date: 23-30 November, 2009
Venue: Lagos International Trade Fair Complex, Lagos
Organizer: Southwood Intercontinental Ent. Ltd
Nature: Specialised
Name: Edo Domestic Trade Fair
Date: November 2009
Venue: Permanent Trade Fair Complex, Benin City
Organizer: Benin Chamber of Commerce and Industry
Nature: General
Name: 8th Akwa Fair
Date: Nov/Dec. 2009
Venue: Permanent Trade Fair Complex, Uyo
Organizer: Uyo/Ikot Chamber of Commerce and Industry
Nature: General

DECEMBER
Name: Textiles and More
Date: 2-9 December, 2009
Venue: Lagos International Trade Fair Complex
Organizer: Aulic Nigeria Limited, Lagos
Nature: Specialised
Name: 19th Port Harcourt Trade Fair
Date: 10-22 December, 2009
Venue: Isaac Boro Park, Port Harcourt
Organizer: Port Harcourt Chamber of Commerce and Industry
Nature: General
Name: Earth Africa 2009
Date: December, 2009
Venue: Tafawa Balew Complex, Lagos
Organizer: Initiative Media, Lagos
Nature: General

Source: NACCIMA, Lagos, Nigeria

For more information, contact Ndudi Osakwe on ibgnigeria@gmail.com