Tag: African Development Bank

African Development Bank and FCMB Sign $50 million Line of Credit Agreement to bolster access to finance for SMEs and Women-empowered Businesses.

The African Development Bank has signed a $50 million Line of Credit Agreement with Nigeria's First City Monument Bank (FCMB) to support access to finance for small and medium-sized enterprises…

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Akin Adeshina

Akin Adesina’s win is a victory for every upright Nigerian

An independent review panel led by an ex-Irish President, Mary Robinson, against the Africa Development Bank (AfDB), has exonerated President of the multilateral lender, Akinwunmi Adesina, of all charges. It…

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AFRICAN DEVELOPMENT BANK

Opinion: Will we heed the African Development Bank’s new warning on Nigeria’s economy?

That Nigeria is a poor country is a verifiable fact, and that the Nigeria government at all levels in words and actions continue to be ambivalent about the above fact…

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How $29.96bn loan will be spent – FG

The Federal Government has given a breakdown on how it intends to spend the $29.96bn loan it plans to borrow. The FG says it plans to get the loan from the…

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AfDB approves $40m loan for Afe Babalola University

The African Development Bank has approved a $40m loan for the Afe Babalola University, Ado Ekiti, Ekiti State. In a statement on its website, the bank said its board of directors approved…

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We are determined to produce what we eat – Buhari

President Muhammadu Buhari on Monday said the country is determined to stop food importation. He said this on Monday while receiving the President of the African Development Bank, Akinwunmi Adeshina.…

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Fitch affirms UBA’s viability rating as Agusto upgrades rating to ‘Aa’

Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its…

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Osinbajo and others turn up as Adesina becomes new AfDB boss in Ivory Coast (PHOTOS)

Former agriculture minister Akinwunmi Adesina's investiture as the 8th president of the African Development Bank (AfDB) was held today in Abidjan. VP Yemi Osinbajo was there. Ngozi Okonjo Iweala, Aliko…

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Olusegun Dada: Of the kindergarten presidency and the APC (Y! Politico)

by Olusegun Dada The Presidency and his attack dogs should focus on reducing poverty, fighting malnutrition, insecurity and unemployment in the less than two years it has left in the presidency…

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Senate approves $7.1bn foreign loans for FG and states

by Akan Ido The Senate yesterday approved the sum of $7.109billion for federal and state governments under the 2012-2014 Medium Term External Borrowing Plan. Of this amount, the sum of…

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