In continuation of its programme, aimed at promoting food security in the continent, the African Development Bank (AfDB), says has it has approved $280 million, from...
With the relative stability in the Niger Delta and improved oil price in the international market, Nigeria’s loan requests with the World Bank and the African...
More than 30 per cent of countries in Africa, including Nigeria, are lagging behind in eradicating extreme poverty and hunger in the last five years. This...
Nigeria is back to square one following the directive by both the World Bank and African Dvelopment Bank (AfDB) that it makes a priority list on...
Nigeria may lose its application to secure part of a $30 billion loan from the IMF because of its current policy that favours tying its economy...
The management of Bank of Industry (BoI) has become ruffled as the Federal Government has concluded plans to appoint a board and management for Development Bank...
Preparations are in top gear for another visit to Nigeria by a delegation of the African Development Bank (AfDB) before the end of January 2017. The...
Apparent failure of Nigeria to meet certain criteria set aside by international financial institutions before they would fund the proposed Development Bank of Nigeria (DBN) has...
Nigeria’s debt profile has risen to $13.5 billion in September, from $11.26bn in June 2016, recording an increase of 20.5 per cent within four months. According...
THE African Development Bank (AfDB) says it will only extend further help towards Nigeria’s recovering from its recession only if it increases taxes, reduce interest rate...
The African Development Bank, AfDB, has faulted the Central Bank of Nigeria, CBN, saying its 14% interest is too high for an economy hoping to get...
The African Development Bank, AfDB, has said it would advance $1 billion facility to the Federal Government as budget support to fund the 2016 federal budget....
The African development Bank (AfDB) is to spend $12 billion in budget support for infrastructure projects on energy in some African countries, including Nigeria in the...
Nigeria will this week conclude talks with the African Development Bank (AfDB) for a $1 billion loan with which to finance its N6.06 trillion 2016 budget....
The African Development Bank (AfDB) has urged Nigerian policy makers to evolve faster steps towards achieving sustainable improved power supply for the growth of the country’s economy. Towards this end, it said it is imperative for the Nigeria National...
A renewed approach at improving the trade blocs in Africa has been presented with the adoption of the common passport in use among some countries in...
There are strong indications that Nigeria may not feature in the African Development Bank (AfDB) new project for rural women. Reason: not much has been put in place for the take off of such a programme, expected...
The board of directors of the African Development Bank Group (AfDB) through its private sector window has approved a $150 million line of credit (LOC) to...
The Minister of Finance, Mrs Kemi Adeosun, Tuesday, in London, said the federal government would issue $1 billion Eurobond in the third quarter of 2016 for...
As revenue tightens on account of soft oil prices, Nigeria has now advanced negotiations with both the World Bank and African Development Bank (AfDB) to borrow...
The African Development Bank (AfDB) has announced plans to institute a $200 million Partial Risk Guarantee (PRG) to support coal-to-power investment in the country. This is...
Worried by the controversy of whether or not he had a phone conversation with King Mohammed of Morocco, President Goodluck Jonathan has stated that at no...
The Federal Government insisted Thursday that President Goodluck Jonathan did speak with King Mohammed V1 of Morocco on phone. The issue of whether or not the...
The African Development Bank (AfDB) has reaffirmed that Nigeria is West Africa’s largest market with great potential to be a main driver of regional integration considering...
