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African Development Bank

3 Nov 2016
The African Development Bank (AfDB) has approved 600 million dollars loan as the first tranche of a one-billion-dollar budget support to help finance Nigeria’s economic governance, diversification and competitiveness programme.
31 Oct 2016
The Federal Government’s plan to borrow $29.960 billion from external sources may be stalled by some institutional lapses, it was learnt yesterday.
29 Oct 2016
Estimated to potentially worth about $5 trillion globally on a yearly basis, Nigeria has been tasked on the need to tap maximally the benefits the fashion and creative industry has to offer.
17 Oct 2016
It is an irresistible financial help the President of African Development Bank (AfBD), Dr. Akinwumi Adesina, offered the other day in the form of USD10.00 billion the bank is making available to the government of Nigeria for development purposes.
4 Oct 2016
The African Development Bank will help Nigeria to overcome its recession,but Nigeria should increase taxes and lift hard currency curbs to ease the dollar shortages choking the economy, its President said.
15 Sep 2016
Beside low food production that hallmarked the continent’s agrarian economy, post-harvest losses have become the major challenge besetting the quest for food security.
9 Sep 2016
The Programme Director of Foundation for Partnership Initiatives in the Niger Delta (PIND), Dara Akala, said the plan was that by 2021, the Nigerian cassava sector, in terms of investment and volume of trade would be worth $5billion.
9 Sep 2016
Corruption is one of the reasons Nigeria has not industrialized as a nation. In fact since independence Nigeria has de-industrialized by producing at the same level or at even lower level.
13 Aug 2016
This was part of the submission made by the governor of Kaduna State, Malam Nasir El-Rufai, in his keynote address at the Special Edition Abuja Roundtable of Women in Business (WIMBIZ) in Abuja.
10 Aug 2016
The nation’s agriculture initiative has received a new boost from the African Development Bank (AfDB) as it secured about 12% equity stake in the Fund for Agricultural Finance in Nigeria (FAFIN).
1 Aug 2016
Following its historic Constitutive General Assembly, which took place in July 2015, where 20 African countries and the African Development Bank subscribed to a total of $830 million in its initial share capital...
1 Aug 2016
Speaking at the launch of the bank’s yearly Economic Outlook 2016, in Zaria, Kaduna State, the AfDB Country Director in Nigeria, Dr. Ousmane Dore, said the bank will be rolling out a youth empowerment programme in the 36 states of the federation this year.

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The Police Command in Ebonyi has launched investigation to fish out the perpetrators of the attack on Prof Bernard Odoh, the Gubernatorial Candidate of the All Progressive Grand Alliance...
14 mins ago
Most traders and buyers have resorted to the use of online cash transfer because of the shortage of cash in the system following the Federal Government’s directive on Naira cash flow...
24 mins ago
A 16-year-old girl was killed Saturday after being mauled by a shark as she swam in a river in Western Australia, officials said.
31 mins ago
A Sumatran tiger believed to have attacked and injured farmers in Indonesia's westernmost province of Aceh was captured on Saturday after a days-long hunt.
1 hour ago
A gang of cattle thieves has killed 41 vigilantes in Nigeria's troubled north in a forest ambush, police said.