Moment FG Meets with Afreximbank to Facilitate Trade, Improve FX Liquidity…details

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The ministry of finance says the African Export-Import Bank (Afreximbank) has proposed new transactions to help the federal government improve foreign exchange (FX) liquidity.


According to a statement on Friday by Mohammed Manga, the ministry’s director of press and public relations, the transactions were proposed during a meeting between Wale Edun, minister of finance and coordinating minister of the economy, and Okey Oramah, president of Afreximbank.


However, Manga said the meeting was held on the sidelines of the AfriCaribbean trade and investment forum during the 31st Afreximbank annual meetings in the Bahamas.


“Afreximbank reiterated its commitment to supporting the Nigerian government in a series of proposed transactions that will further improve foreign exchange liquidity and facilitate trade and investment opportunities in Nigeria,” Manga said.


Having said that the meeting highlighted the strong partnership between Nigeria and Afreximbank, it is also demonstrating their shared dedication to driving economic growth and development in the region.




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