The African Development Bank (AfDB) has resolved to support Nigeria’s power sector with a $1 billion Policy-Based Operation (PBO) fund to boost electricity. The bank is...
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, said on Saturday the multilateral lender’s AAA rating by Moody’s Investors Service validated the strength...
Nigeria and other African countries are set for a partial economic rebound from the coronavirus crisis in 2021, even though it will come at a cost...
The entire portfolio of the African Development Bank (AfDB), made up of 61 operations, climbed from $4.5 billion to $5 billion between March and December last...
The board of governors of Africa’s biggest multilateral lender, African Development Bank (AfDB), plans to commission a fair-minded personality of global repute to carry out an...
African Development Bank’s (AfDB’s) head Akinwunmi Adesina Wednesday refuted an indictment for code of ethics breach, dismissing it as a smear campaign intended to ruin his...
The African Development Bank (AfDB) has refuted a claim in news reports that it plans to provide financial support to the East African Crude Oil Pipeline...
The President of the African Development Bank (AfDB), Akinwunmi Adesina, said Monday he would continue to discharge his responsibility diligently to lead the bank’s bold mission...
The Okezie Ikpeazu-led government of Abia State has blamed the governorship candidate of the All Progressives Grand Alliance (APGA) in the last election, Dr Alex Otti,...
Benin music diva, Angelique Kidjo has succeeded in securing the princely sum of $251 million for budding female entrepreneurs in the continent of Africa. Kidjo pulled...
The African Development Bank (AfDB) has said that the Nigerian government is yet to sign the Continental Free Trade Area (CFTA) agreement because of lack of...
The African Development Bank (AfDB) has barred Qualitrends Global Solutions Nigeria Limited, a construction Company registered in Nigeria, for 36 months. The bank made this known...
Nigeria’s Fidelity Bank has obtained a $50 million facility from the African Development Bank, AfDB, for the funding and promoton of the growth of Micro, Small...
The Chartered Institute Bankers of Nigeria, CIBN, has decried the incessant delay in the passage of the national budget, saying it impacts negatively on national productivity....
The African Development Bank (AfDB), has approved $14.12million facility to support Nigeria’s membership in the African Trade Insurance agency. The bank disclosed this in a statement...
Nigeria’s Transmission Expansion Programme has attracted $410 million funding from the African Development Bank (AfDB) the Transmission Company of Nigerian, TCN, has said. The funding are...
The Federal Government has said it is partnering with the African Development Bank, AfDB, to establish a $500 million fund with the purpose of financing technological...
President Muhammadu Buhari on Tuesday wrote to the Senate seeking approval to raise $2.78 billion Eurobonds as part of the capital funding for the 2018 national...
Muhammed Sanuli II, the Emir of Kano and a former Governor of the Central Bank of Nigeria (CBN), has called on African nations to embrace regional...
Following the awarding of the 2017 World Food Prize to Nigeria’s former Minister of Agriculture and current President of the African Development Bank (AfDB), Akinwumi Adesina,...
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...
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...
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...
