Peter Dada, Akure
The Nigeria Export and Import Bank has called on businessmen and women, who are into export business in Ondo State, to take advantage of the N500bn loan that the Federal Government is offering at a single digit interest rate.
The Executive Director, NEXIM Bank, Mrs. Stella Okotete, said if the business owners in the state were ready, the bank too was ready to give out the entire N500bn to them for the promotion of their export business.
Okotete stated this at a meeting by the management of the bank with the stakeholders in Akure, the state capital, adding that the loan was part of the efforts of the Federal Government to encourage exportation of goods and services made in Nigeria.
According to the NEXIM Bank director, under the lender’s new management, it now takes about 23 days to finalise the loan process.
She explained that the bank could advance a minimum of…
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