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Managing director of Nigeria Export-Import Bank (Nexim Bank), Alhaji Baba Yusuf Ahmed, has disclosed that the bank will soon launch a product targeted specifically for small and medium scale enterprises export (SMEX).

Ahmed made this disclosure when Nexim signed a memorandum of understanding (MOU) with National Directorate of Employment (NDE) but implored “all stakeholders, both public and private to pool resources towards the development of SMEs for greater income, job opportunities for the vast majority of our people”. He pointed out that the problems of unfavourable and inconsistent policies, inadequate financial resources and managements skills amongst others were identified as reasons for the failure of SMEs in Nigeria. The managing director expressed the belief that “the problems of SMEs in <

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