Home Topics African Development Bank
African Development Bank
Nigeria’s finance minister Zainab Ahmed said the country has applied to the International Monetary Fund (IMF) and African Development Bank (AfDB) to access $3.5 billion in concessional funding to support the 2020 Budget.
The Federal Government has provided N102.5 billion in resources for direct interventions in the country’s healthcare sector, Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, has said.
The Minister of Power, Engr. Saleh Mamman, has explained that the suspension of take-off of the new electricity tariff hike till next three months was in line with President Muhammadu Buhari’s announcement of March 29 granting a moratorium for certain Federal Government’s funded facilities to the Nigerian public.
President of African Development Bank (AfDB), Dr Akinwumi Adesina, has commended the outgoing Director of Communication and External Relations Department of the bank, Dr. Victor Oladokun, for his exceptional leadership.
The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a $2.2 million project to provide fertilizer suppliers in Nigeria with financial support to improve supply for 200,000 smallholder farmers.
The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security and household incomes in the country. The agreement is the Bank’s first private sector loan to the East African nation.
The Vice-Chancellor, University of Calabar, Prof. Zanna Akpagu, says the university will confer an honorary doctorate degree on the Liberian Vice President, Dr Jewel-Haward Taylor, during its convocation on Saturday.
The African Development Bank (AfDB) has disclosed plans to invest $200 million on roll-out of mini-grids to boost power supply in Nigeria.
The Kogi State government says it has received the approval of the National Assembly to obtain a foreign loan of $100 million (N36 billion).
Abia State Governor, Okezie Ikpeazu, Wednesday, told the African Development Bank that a thriving entrepreneurship industry and agricultural base in the State are the foundation for the creation of a potentially viable industrial hub.
The Niger Delta Development Commission, NDDC, Thursday released the statement below countering claims on why its former Acting Managing Director/CEO, Gbene Dr. Joi Nunieh was removed from the post barely 8 weeks after her appointment.
The Executive Council of the African Union has supported Akinwumi Adesina’s candidacy for a second term as President of the African Development Bank.
The African Development Bank, AfDB, in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing Zones in Nigeria.
The African Development Bank (AfDB), has earmarked $500 million loan for the development of four agro-industrial zones across the country.
The African Development Bank (AfDB) has launched a $500 million project to begin the implementation of special agro industrialised processing zones (SAPZ) to aid agricultural growth in Nigeria.
The International Monetary Fund (IMF) is expressing optimism that Mozambique’s economic recovery is on course, a year after the southern Africa country was beaten down by tropical cyclones Idai and Kenneth.
The Minister State for Agriculture, Mr Mustapha Shehuri, says Federal Government will support and promote Special Agro-Industrial Processing Zones (SAPZs) and creation of more job opportunities in the sector.
The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for the Premium Motor Spirit (PMS) petrol and kept the pump price to its chest.
The Minority Leader of the House of Representatives, Rep. Ndudi Elumelu (PDP-Delta), says opposition lawmakers in the house have been at the center of unearthing and exposing acts of corruption in the country.
The Zamfara State Government has directed secondary schools in the state to reopen from August 9, to enable exiting students sit for Secondary School Certificate Examination (SSCE).
Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.
The Executive Secretary, National Universities Commission (NUC), Prof. Abubakar Rasheed, says 32 federal, state and private universities across all geopolitical zones are involved in different stages of research toward tackling direct and collateral impacts of COVID-19.
Pochettino has reportedly already turned down the jobs at Benfica and Monaco in recent months and he insists he and his team are looking for a club that fits their philosophy of the game.
Pascal Affi N'Guessan, 67, once a close associate of former Ivorian President Laurent Gbagbo, officially announced Saturday that he will be a candidate for the presidency in the upcoming October elections in an attempt to close the chapter on the blood-drenched and 2-decade crisis in the country.
Chelsea are angry over claims from Germany about the negotiating tactics of managing director Marina Granovskaia.
There is disagreement in Aggah community, Egbema Clan in Ogba/Egbema/Ndoni Local Government Area of Rivers State, between the Paramount ruler of the community and flood-affected individuals in the area over Nigeria Agip Oil Company’s, NAOC’s, contract.
An Islamic group, the Muslim Rights Concern (MURIC), has felicitated with President Muhammadu Buhari, Muslims as well as all Nigerians on the occasion of the Eid-el-Kabir celebration and called for an end to rape.