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Nigeria Country Department

The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB wants Nigeria industry players to explore AIF for investment

Mr Ebrima FAAL, Senior Director, Nigeria Country Department in African Development Bank (AfDB), on Tuesday advised industry players to use the opportunities of the 2019 Africa Investment Forum (AIF) to unlock investment potential in the continent.

AfDB set to empower African women with $300m

The African Development Bank (AfDB) says it will offer 300 million dollars to financial intermediaries to support the Affirmative Finance Action for Women in Africa (AFAWA).

President Buhari to commission new AfDB building

Nigeria’s President, Muhammadu Buhari, will commission the new office complex of the African Development Bank in Abuja on January 18, 2018, consolidating the country’s position as the Bank’s largest shareholder.

Recent Stories

Cultists kill final year student of CRUTECH

A final year student of the Cross River State University of Technology (CRUTECH) was brutally killed on Monday morning.

Delta APC mocks O’tega Emerhor on failed case against party, Senator Omo-Agege

The Delta State chapter of the All Progressives Congress (APC) Monday mocked a leader of the party in the state, Olorogun O’tega Emerhor, following failed court cases he filed against the party through an executive faction led by Cyril Ogodo.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

Facebook tells US Congress how it thinks its cryptocurrency Libra should be regulated

Facebook will not launch the cryptocurrency Libra until it has “fully addressed regulatory concerns,” according to David Marcus, the head of Facebook’s Calibra. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee.
A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.

Ibadan polytechnic graduate jailed for impersonation

A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 3

Insecurity: We’ll give special budgetary attention to Zamfara – Speaker Gbajabiamila

Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that the 9th National Assembly would give special budgetary attention to the three Senatorial Districts of Zamfara State in order to resolve the issue of insecurity.