#Afreximbank

The Nigeria Customs Service (NCS) and the African Export-Import Bank (Afreximbank) have reaffirmed their commitment to enhancing cooperation to promote cross-border trade and support the implementation of the African Continental Free Trade Area (AfCFTA). This renewed partnership was emphasized during a working visit by the President and Chairman of Afreximbank, according to Vanguard.

Dr. George Elombi, President and Chairman of the Board of the African Export-Import Bank (Afreximbank), has urged African nations, including Nigeria, to cease the export of Lithium, which is essential for electric vehicle (EV) battery production. Nigeria is noted as a significant exporter of Lithium in Africa, although the majority of its exports are not specified in detail.