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The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters|Eric Vidal

Official: European Investment Bank plans €700 million investment in Nigeria

Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the bank plans to invest 700 million euros in some identified projects in Nigeria.

Federal government hails EIB’s investment in Nigeria

The Minister of State, Ministry of Budget and National Planning, Zainab Ahmed, has commended the European Investment Bank’s plan to invest between 800 million and one billion Euros in the Nigerian economy.

EIB, AfDB to finance Development Bank of Nigeria with $70 million

The European Investment Bank (EIB) and the African Development Bank (AfDB) have agreed to support the new Development Bank of Nigeria (DBN) with $70 million.

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