EX-IM BANK DRAMATICALLY EXPANDS ITS NIGERIAN BANK FACILITY

"Now, with the focus on larger infrastructure projects, we are receiving requests for financing transactions in excess of $10 million, with terms of seven to ten years, to support U.S. exports such as passenger aircraft, oil and gas equipment, dredges, and telecommunications and manufacturing equipment," he said. "That is why we are reaching out to our Nigerian partner banks to restructure our relationship. The changes also are aimed at rewarding those banks that are active users of the Ex-Im Bank facility."