By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: NEXIM, EXIM sign MoU to strengthen economic cooperation, trade ties
Share
Sign In
Notification Show More
Latest News
NiMet, Adamawa State University Forge Strategic Climate Partnership
Aviation Metro News
Etsu Nupe, an embodiment of Peace, unity in Nigeria – Idris
Awards and Recognitions Culture Metro News
Real Forte CEO Pioneers 10% Down Payment Model with Launch of Nova City Community
Business Infrastructure Metro News
Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria
Civil Society Organisations Metro News
NUPENG Denounces Allegations of Depot Dues Collection as Blackmail, Misinformation Campaign 
Labour News Oil & Gas
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > News > Foreign > NEXIM, EXIM sign MoU to strengthen economic cooperation, trade ties
BusinessForeignNews

NEXIM, EXIM sign MoU to strengthen economic cooperation, trade ties

Publisher
By Publisher Published January 17, 2025
Share
2 Min Read
SHARE

The Export-Import Bank of the United States (EXIM) has signed a Memorandum of Understanding (MOU) with the Nigerian Export-Import Bank (NEXIM) to deepen collaboration and trade ties between the United States and Nigeria.

The agreement was signed by Exim President and Chair, Reta Jo Lewis on behalf of Export Import Bank of United states, while Abba Bello, Managing Director and Chief Executive of NEXIM signed on behalf of the Nigerian Export-Import Bank.

The MOU demonstrates a shared desire to identify and promote trade and economic cooperation between the two countries, especially in sectors like clean energy, critical minerals, aviation, maritime transport, digital connectivity, and infrastructure, amongst others.

During the signing ceremony, EXIM President and Chair Reta Jo Lewis highlighted an increased opportunities for U.S. Exports to Nigeria in critical minerals, clean energy, aviation and infrastructure

“Nigeria is the second largest U.S. export destination in Sub-Saharan Africa, but there is so much opportunity to grow.

“This MOU with NEXIM sends a strong market signal to Nigeria that EXIM is eager to forge a stronger commercial relationship by supporting U.S. exports in key sectors,” Lewis said.

The Managing Director and Chief Executive, NEXIM bank, Abba Bello said the collaboration marked a significant milestone in efforts to strengthen trade ties between Nigeria and the United States.

” We are confident that this partnership will open new avenues for economic growth and development.”

The MOU marks a significant milestone for the United States and Nigeria. The MOU will enhance the competitiveness of companies in both nations and strengthen collaboration by exploring options for utilising EXIM’s medium- and long-term loan guarantees and/or direct loans to finance U.S. exports to Nigeria.

This MOU contributes directly to EXIM’s Sub-Saharan Africa Mandate. Over the past three years, EXIM has approved approximately $4 billion of authorisations in support of U.S. exports to sub-Saharan Africa.

Like this:

Like Loading...

Related

You Might Also Like

NiMet, Adamawa State University Forge Strategic Climate Partnership

Etsu Nupe, an embodiment of Peace, unity in Nigeria – Idris

Real Forte CEO Pioneers 10% Down Payment Model with Launch of Nova City Community

Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria

NUPENG Denounces Allegations of Depot Dues Collection as Blackmail, Misinformation Campaign 

TAGGED: Afrexim Bank, EXIM, MoU, NEXIM

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher January 17, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article eLearning: Association, NOUN to host conference on digital education
Next Article Nigeria’s CNG Conversion Capacity Soars by 2500% in One Year – NMDPRA
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

NiMet, Adamawa State University Forge Strategic Climate Partnership
Aviation Metro News September 17, 2025
Etsu Nupe, an embodiment of Peace, unity in Nigeria – Idris
Awards and Recognitions Culture Metro News September 17, 2025
Real Forte CEO Pioneers 10% Down Payment Model with Launch of Nova City Community
Business Infrastructure Metro News September 17, 2025
Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria
Civil Society Organisations Metro News September 16, 2025

You Might also Like

AviationMetroNews

NiMet, Adamawa State University Forge Strategic Climate Partnership

September 17, 2025
Awards and RecognitionsCultureMetroNews

Etsu Nupe, an embodiment of Peace, unity in Nigeria – Idris

September 17, 2025
BusinessInfrastructureMetroNews

Real Forte CEO Pioneers 10% Down Payment Model with Launch of Nova City Community

September 17, 2025
Civil Society OrganisationsMetroNews

Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria

September 16, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d