Akinwumi Adesina
8 Dec
Akinwumi Adesina, President of the African Development Bank (AfDB), has been named the first-ever ‘African of the Decade’ by the All African Business Leaders Awards (AABLA). The award was presented to him on Saturday at the Africa Investment Forum (AIF) in Rabat, Morocco. Adesina was recognised for his impactful 10-year tenure at the AfDB, which…
24 Aug
One of the fallouts of the removal of subsidy on petrol is food inflation. To intervene, following agitations from Nigerians, the Federal Government, with commitment from the 36 state governors, in July last year, declared a state of emergency on food insecurity. Paradoxically, one year after, the country is not only just battling the issue…
10 Aug
As we await manifestation of a litany of promises of renewed and deferred hope, we can also begin to reflect on where the rain that has been beating us since 1999 actually began. I reflected on the rainmakers on an unusual beat the other day in Lagos. On Saturday August 3, 2024, there was a…
25 Jul
It cannot come as a surprise that many negative forces have risen and are training their arrows to fire at Aliko Dangote. Some are already
9 Jun
The African Guarantee Fund (AGF) has stressed the need to address the unique financial needs of Small and Medium-sized Enterprises (SMEs) and women in Africa through economic empowerment.
1 Jun
The Board of Governors of the African Development Bank (AfDB) Group, has approved a capital increase of 117 billion dollars to further support Nigeria and other countries on the continent.
1 Jun
Six African countries have set up presidential-level councils to drive implementation of food and agriculture in the continent, while twelve more countries are at various stages of establishing their councils.
30 May
Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.
29 May
The African Development Bank (AfDB) Group said that the much-anticipated African Continental Free Trade Agreement (AfCFTA) plan of economic integration would not deliver transformation until it is anchored on sound industrialisation policies.
29 May
Rockefeller Foundation, yesterday, urged Nigeria and other African countries not to back out of school feeding programmes. The international agency reckoned that the daily feeding scheme for schoolchildren was directly linked to high literacy goals and energising the rural economy.
28 May
Peeved by the high cost of financing debts on the continent, the African Development Bank (AfDB) Group is pushing for the review of the global financing architecture to which African countries are exposed and racking up debts.
25 Apr
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
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NOW
As much as it is desirable to update the country’s tax laws, including a tweak at the sharing formula to promote equity and industry, it is also incumbent on the government to ensure that all segments of the polity are carried along.
NOW
Ahead of Monday’s awards ceremony to honour the year’s outstanding achievements in the African game and to crown Ademola Lookman as Africa’s Footballer of the Year, the Confederation of African Football (CAF)
NOW
The Federal Government, yesterday, launched a programme tagged ‘Federal Complex Contracts Process and Administration (FCAS)’ to tackle financial risks in contract management.
NOW
The Federal Government has finalised the drafting and the validation process for the National Policy on the Marine and Blue Economy to advance the maritime sector.
2 mins ago
Extending its winning streak for the sixth consecutive session, the Nigerian stock market maintained the positive momentum as the benchmark index yesterday crossed the 100,000 mark, a milestone last reached on July 25, 2024.
2 mins ago
Operational modalities, including pricing and repayment plans, are factors that may thwart the N20 billion consumer credit fund for the purchase of new vehicles, stakeholders have said.
3 mins ago
The ECOWAS Bank for Investment and Development (EBID) has been announced as the winner of the Financial Institution of the Year Africa category at the African Sustainability Awards (ASA).
4 mins ago
In an era where technology is rapidly transforming economies, Nigeria and, indeed the entire Africa, stand at a critical juncture in their digital journey even as coordinated efforts are needed to build resilient, inclusive and secure infrastructure
4 mins ago
The government of the United States of America has supported more than five million Nigerian farmers in its multi-faceted agricultural partnership programmes with Nigeria since 2019 through the United States Agency for International Development (USAID).