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African Development Bank

21 Mar 2017
The plenary session, comprising Mo Ibrahim of the Mo Ibrahim Foundation, Pierre Guislain (Africa Development Bank) and Abebe Aemro Selassie of the International Monetary Fund (IMF), yesterday blamed African governments for...
23 Feb 2017
The Federal Government has approved $3.9 billion (N12. 280 billion), sourced from the African Development Bank (ADB) for the construction of the Nigeria/Cameroon border link bridge at Ikot-Efiom in Cross River State.
20 Feb 2017
This capital injection follows from the $8.2 million equity investment by AfDB and the commitment made by the bank at the recently concluded extraordinary general meeting held in Nairobi last month.
15 Jan 2017
Obasanjo said the launch of the report provided a framework that would “unlock the potential of our nation and emancipate our dear country from the shackles of hunger and poverty.”
12 Jan 2017
The $24 billion initiative, targeted Africa-wide, was scripted to ensure that the most vulnerable are reached with life-changing opportunities, thereby contributing to building resilient communities.
11 Dec 2016
In its efforts to actualise the Sustainable Development Goal of achieving food security by 2030, the African Development Bank (AFDB) has disclosed plans to invest in four states of the federation to end hunger.
5 Dec 2016
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has reassured Nigerians that there will be no famine due to the massive food production in the country.
28 Nov 2016
The African Reinsurance Corporation was established on February 24, 1976, in Yaounde, Cameroon, with an initial 36 members of the then Organisation of African Unity (OAU), and African Development Bank (AfDB).
25 Nov 2016
The international price of crude oil has remained relatively stable in recent weeks, although the country’s production has been below expectation due to the activities of militants.
4 Nov 2016
Amidst the great yearning for a messiah came the confirmation by the First Lady, Mrs. Aisha Buhari that the government of her husband had been hijacked by a mafia. The Senate President, Dr. Bukola  Saraki first broke the news...
4 Nov 2016
The African Development Bank’s board approved a $600 million loan for Nigeria on Wednesday aimed at helping Africa’s largest economy plug its budget deficit as it grapples with its first recession in
3 Nov 2016
The African Development Bank has approved the first installment of a $1 billion loan to Nigeria to help President Muhammadu Buhari combat a "crisis situation".

Latest

38 mins ago
Independent National Electoral Commission (INEC), has assured Nigerians that the attack on its office in Anambra State on Wednesday won’t deter it from conducting the forthcoming general elections.
1 hour ago
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a woman, Omoseyin Esther, with the Twitter handle Simisola of Lala, offering new naira notes for sale on social media.
1 hour ago
The Ndanekpa descendants, one of the ruling clans in the Adadu community in Toto Local Council of the state, have raised alarm over the alleged distortion of their family history by Asumburuku descendants, the current ruling house in the community.
1 hour ago
The Rivers State Government has withdrawn its earlier approval of the Adokiye Amiesimaka Stadium given to the Peoples Democratic Party's Presidential Campaign for its mega rally in Port Harcourt scheduled for Saturday, February 11, 2023.
2 hours ago
The Nigeria Security and Civil Defence Corps (NSCDC) has emerged as the best Leadership Government Agency of the year 2022.