Bilic did however, underlined that negotiations have become more complicated as the Hammers will have to reach an agreement with Al Ain who Emenike is on loan with and his parent club Fenerbahce.
The Hammers boss was quoted by the Daily Star as saying: “We are looking to strengthen our squad in that position. We aren’t going to buy a player, definitely, but if we can loan one we will do it.
“We are still waiting. It’s a complicated situation because he is a Fenerbahce player but he was on loan at Al-Ain.
“We spoke with Al-Ain and thought we could do a straight swap with them but Fenerbahce had to be involved.
“In the beginning it looked easy. Then one moment it didn’t look very good.”
Bilic is keen on loaning a striker until the end of the season with Andy Carroll and Diafra Sakho out injured.
Emenike scored seven times in 11 appearances for Al Ain and Bilic knows the Nigerian international well from his time coaching Istanbul rivals Besiktas.
The 28-year-old striker struggled under the stewardship of ex Fenerbahce manager Ismail Kartal last season scoring just five league goals all season.
The powerful striker has experience playing in South Africa, Nigeria, Turkey and Russia but has never played in England.