Funding options in export financing include:

Loans (commercial banks / family and friends)
Self financing and Joint ventures.
Support from financial institutions
Etc

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To develop a successful export business, a good understanding of your target market(s) is essential. This involves conducting research on your export destination(s).

A good market research should not be based on facts and figures only, It should also focus on factors that drive the target market(s).

Blessed Sunday

There are physical distance, cultural barriers to consider and language among other things. Luckily, we live in a time where technological advances have shrunk our world and brought us closer.

After your market research and product analysis, you will need to source for buyers. How do you get real and genuine buyers for your products? Finding buyers for your export business is one of the challenge of Export business.

How do you Package Ginger?

The fresh ginger are packaged in PVC cartons or corrugated fibre box with inner lining of PE films while the dried split ginger are packaged in a clean propylene woven bags.

The first step in engaging in export is to identify, properly analyse, and conform with the requirements of the proposed importing countries. Thus, the exporter has to provide the commodities needed, their satisfaction, and documentations. Then a seamless export can be carried out.

The import/export business is the key driver of growth or recession in any country. Depending on if there are more imports or exports than the other, the effects it has on every economy, including Nigeria’s, is always profound.

While this industry is largely run by the private sector, the government regulates all of the industries and still maintains some state-owned products like crude oil to be exported only by the country, with the help of brokers to facilitate a lot of the transactions.

Some of the important areas of market research include:

Trade statistics and trends, trade policies, regulatory framework, business environment, business culture, distribution channels, logistics, risk assessment etc.

To sell a product, you need a market for it. Where is the demand? Is it stable? Is it profitable in short and long term? Are there trade barriers? In export, your market is a country or countries with a demand for your product. So, how does an exporter go about finding this market?

Our Export training service will help you in your market research and product analysis: Market and product research should precede buyer search.

You can't source for a buyer in a country that don't want or need your product. How do you know there is market for your product in a particular country or continent? How do you analysis your market?

Export Financing in Nigeria

Let's talk about Export Financing. Export business requires sustainable funding over a period of time. The amount of money needed for export is largely dependent on your product and export destination(s). It is therefore vital to ensure that appropriate financing options are explored.

Five tips for financing

Seek advice from bankers, financial and export experts.
Explore available government grants and loans.
Grants and loans can be accessed from multilateral organizations and private parties.
Explore available financing options with NEXIM and financial Institutions

Decades ago, it used to be very difficult to venture into the export business in many countries around the world. So many bureaucracies were involved and if anyone knew you were into international trade, the conclusion would either be you are worth at least one million dollars or have top government connections.

Today, everything has changed as even a person still living with their parents and with a computer in their bedroom halfway across the world can easily venture into the export business today and earn thousands of dollars monthly without having to go through so much stress as it used to be in the past.

Our Export training service will help you in your market research and product analysis: Market and product research should precede buyer search.

You can't source for a buyer in a country that don't want or need your product. How do you know there is market for your product in a particular country or continent? How do you analysis your market?

To sell a product, you need a market for it. Where is the demand? Is it stable? Is it profitable in short and long term? Are there trade barriers? In export, your market is a country or countries with a demand for your product. So, how does an exporter go about finding this market?

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Before starting your export venture, it's necessary to register your business preferably a limited liability and with its certificate, proceed to Nigeria Export Promotion Council (NEPC) to register and obtain your Export certificate.

You want to send out your product samples to get feedback from buyers. But how can you then find your buyers? Fortunately there are plenty of international buyer directories available (some free of charge, others with paid subscriptions).

Blessed Sunday

Funding options in export financing include:

Loans (commercial banks / family and friends)
Self financing and Joint ventures.
Support from financial institutions
Etc

After your market research and product analysis, you will need to source for buyers. How do you get real and genuine buyers for your products? Finding buyers for your export business is one of the challenge of Export business.

How do you find commodity buyers abroad? Join us and let's teach you step by step guide to getting buyers who are genuinely interested in buying our local commodities here in Nigeria.

Sesame Oil Export Business and Profitability in Nigeria

What Is Sesame Oil?
Sesame oil is an edible oil obtained from sesame seeds (Sesamum indicum) through cold-pressing and filtering. The oil contains mostly unsaturated fats (glycerides of oleic acid of about 36% – 54% and linoleic acid of 38 – 49%) and small amounts of saturated fats (fatty acids, palmitic acid stearic acid and some other fatty acids).

What Is Sesame Oil Processing?
Sesame oil processing is the entire process of transforming sesame seeds into edible oil. The process includes cleaning, pressing and packaging, among others.

Business Opportunities Associated With The Sesame Oil Production Business In Nigeria And Across The World

1). Food Production:
Sesame oil has a robust flavour that makes it suitable as a substitute for vegetable cooking oil. More so, it’s often added in the last stage of cooking or used to sauté meats and vegetables or added to salad dressings. It is also used in baking, as a topping or sauce. Generally, the food and snack production industry use sesame oil as an added cooking oil.

2). Cosmetics Production:
The sesame oil is full of Vitamin E and, anti-inflammatory and antibacterial components which are, in general, a great addition to the skincare industry. Sesame oil also keeps the hair shiny and the scalp hydrated. Not only does it feel good and relaxing, but the vitamins and minerals present in the oil keep the hair and scalp nourished. Sesame oil is a useful material for the production of cosmetics, thanks to its rich natural skincare resources.

3). Medical Care Services:

Another vital sector where sesame oil is essential is the health care industry. Sesame oil is often taken by mouth and has been claimed to help the treatment of high blood pressure diabetes, high cholesterol, heart disease, and many other conditions. However, there is no profound scientific research to support these other uses.

Facts And Benefits Of Sesame Oil

Application of sesame oil may reduce oxidative stress, which can lead to cell or tissue damage.

Sesame oil aids in the healing of second-degree burn wounds.

Sesame oil, when used as a massage oil, can significantly reduce pain associated with limb trauma among emergency room patients.


To be continued.....

Sesame oil contains antioxidants that fight damage by free radicals or unstable molecules that can harm the cellular structure of the skin.

It also contains antimicrobial. A chemical component that can kill harmful microorganisms or stop their growth.

It contains anti-inflammatory substances that can reduce inflammation and swelling.
Sesame oil has a low rating on the comedogenic scale.

To be continued......

Subscribe to our Export training course which covers everything and in- depth on the Export business from how to find International buyers to how to raise finance for your Export transactions, how to source products in remote communities at cheap prices, how to ensure you are getting paid before you spend a dime sourcing commodities, how to ensure the quality of the products meet the required standards, how to ship your products, products that are most demanded and can earn you double profits and so much more.

The export business is one of the most lucrative businesses to venture into, with the profit margins on some select agricultural products and solid minerals being anywhere from 20% to sometimes over 100%.

But figuring out how to start exporting from Nigeria, what commodities to focus on, how to find international buyers for your export business, how to find and purchase goods in the most remote part of the country at the barest minimum price, how to ensure the quality standards are high & met, how to manage logistics & transportation of the goods to the city, how to ensure security of the goods in transit.

Also, how to handle inspection at the port of loading, how to cover customs issues, how to ship the commodity, and most importantly, how to ensure you get paid every single time is a serious hassle for a lot of exporters and aspiring exporters.

While most aspiring exporters have little knowledge of how to navigate these challenges, many current exporters are losing money every day. A lot of intending Exporters has not fully understand the modalities of the international trade business.

To help new and existing exporters avoid these problems and execute successful trades every single time, we have decided to launch the most in-depth online export course in Nigeria that will not just teach you everything you need to know about the export business, but would also show you how to execute your first export worth thousands of dollars trading commodities from Nigeria.

This course also goes as far as showing exporters how to ensure that they don't just get paid, but have secured their payments 110% before they spend a dime to purchase the commodities from the local rural communities in Nigeria.


What Exactly Will You Learn In The Online Export Course?
This export business course will teach you everything you need to know about the export business and will show you how to make your first income from export transaction within the first 3 months of finishing the course.

When you take this highly in-depth online export course, you'll learn the following:

Lesson 1: Short Summary And Introduction To Commodity Trading (Exportation of Goods)
(i). What Are Physical Commodities? (ii). Who Is A Commodity Trader? (iii). The Commodity Trading Supply Chain. (iv). Key Factors That Affect Successful Commodity Trading (v). Understanding Arbitrage. (vi). Commodity Trade Finance (vii). How To Guarantee Payment From A Buyer.