The Executive Management of NEXIM Bank led by the MD/CE Mr. Abba Bello, visited the Export-Import Bank of Saudi Arabia, the objective of the visit was to explore collaborations, partnerships opportunities, and technical support towards promoting trade and enhancing commercial exchanges between the country and Nigeria.

Significant milestones during the visit were the signing of a Memorandum of Understanding (MOU) with the Saudi Export–Import Bank by Mr. Abba Bello and CEO of the Saudi Exim, H.E. Saad A. Alkhalb, to collaborate in co-financing, club deals, syndication projects, and provision of Buyer’s Credit facilities to Nigerian institutions to purchase the goods and services and financing for project development tied to Saudi exports.