• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 22, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NEXIM, EXIM Sign New Deal To Promote Trade, Economic Cooperation

by Mark Itsibor
5 months ago
in News
NEXIM
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The Nigerian Export-Import Bank (NEXIM) has signed a memorandum of understanding (MOU) with the Export-Import Bank of the United of America (EXIM) that is expected to deepen collaboration and trade ties between the United States and Nigeria.

The agreement was signed by president and chair of EXIM, Reta Jo Lewis on behalf of the United States, while managing director and chief executive of NEXIM Bank, Abba Bello signed on behalf of Nigeria.

Both Lewis and Bello say 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 signing ceremony, EXIM’s president highlighted increased opportunities for US exports to Nigeria in critical minerals, clean energy, aviation and infrastructure.

RELATED

Pro-Tinubu, Wike Rally In Bayelsa Political Maneuvering, Not Gratitude — State Gov’t

SERAP Tells Tinubu To Refer Benue Killings To ICC

16 minutes ago
Sokoto SSG Loses Daughter, 3 Grandchildren To Inferno

Windstorms Kill 5, Destroy 1,400 Houses In Sokoto

16 minutes ago

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

His Nigeria counterpart, Bello calls the partnership a significant milestone for Nigeria and the US. “This collaboration marks a significant milestone in our 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,” Mr Bello stated.

The MoU is designed to enhance the competitiveness of companies in both nations and strengthen collaboration by exploring options for utilizing EXIM’s medium- and long-term loan guarantees and/or direct loans to finance U.S. exports to Nigeria.

The new development will contribute directly to EXIM’s Sub-Saharan Africa mandate. Over the past three years, EXIM has approved approximately $4 billion of authorizations in support of U.S. exports to sub-Saharan Africa.

EXIM is the US’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: NEXIM
SendShareTweetShare
Previous Post

Imo Gets More Money For Infrastructure – Uzodimma

Next Post

50th Anniversary: UNILORIN To Commission N50bn Projects

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

Pro-Tinubu, Wike Rally In Bayelsa Political Maneuvering, Not Gratitude — State Gov’t
News

SERAP Tells Tinubu To Refer Benue Killings To ICC

2025/06/22
Sokoto SSG Loses Daughter, 3 Grandchildren To Inferno
News

Windstorms Kill 5, Destroy 1,400 Houses In Sokoto

2025/06/22
Afe Babalola Varsity Seeks Federal Govt’s Intervention On Ado-Ijan Road
Education

Afe Babalola Varsity Seeks Federal Govt’s Intervention On Ado-Ijan Road

2025/06/22
Lere Baale, Bukola Smith, Simon Aranonu Lead Speakers Lineup At Lagos Conference
News

Lere Baale, Bukola Smith, Simon Aranonu Lead Speakers Lineup At Lagos Conference

2025/06/22
Wike: Changing The Face Of Infrastructure In Abuja
News

Wike To Revamp IBB Golf Course To Boost Tourism

2025/06/22
Tompolo Lauds Walson-Jack’s Appointment As Head Of Service
News

HoSF Walson-Jack Attributes Civil Service Reforms To Divine Grace

2025/06/22
Leadership Conference advertisement

LATEST

SERAP Tells Tinubu To Refer Benue Killings To ICC

Windstorms Kill 5, Destroy 1,400 Houses In Sokoto

Afe Babalola Varsity Seeks Federal Govt’s Intervention On Ado-Ijan Road

Lere Baale, Bukola Smith, Simon Aranonu Lead Speakers Lineup At Lagos Conference

Wike To Revamp IBB Golf Course To Boost Tourism

Man In Police Net Over Alleged Killing Of Girlfriend In Edo

Unknown Gunmen Abduct Bayelsa Judge

HoSF Walson-Jack Attributes Civil Service Reforms To Divine Grace

NYCN Demands Probe Into Murder Of 13-yr-old Ebonyi Boy In Anambra

Tinubu Condemns Borno Suicide Bombing, Mourns Kano Explosion Victims

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.