AFDB
FG eyes $1million AfDB grant for rice, beans to flood victims
Business & Economy
November 16, 2024
FG eyes $1million AfDB grant for rice, beans to flood victims
The Federal Government has requested a $1 million grant from the African Development Bank (AfDB) to provide emergency food aid…
FG secures $134 million AfDB loan to boost seeds and grain production nationwide
Business & Economy
November 14, 2024
FG secures $134 million AfDB loan to boost seeds and grain production nationwide
The Federal Government has secured a $134 million loan from the African Development Bank (AfDB) to support farmers in enhancing…
UNGA: AfDB president, Adesina recommends five ways African nations can become wealthier
Business & Economy
September 30, 2024
UNGA: AfDB president, Adesina recommends five ways African nations can become wealthier
The African Development Bank (AfDB), President, Akinwunmi Adesina has recommended ways the international community can play a role in making…
AfDB President Warns Against Nigeria’s Food Importation Policy
Local News
July 15, 2024
AfDB President Warns Against Nigeria’s Food Importation Policy
The President of the African Development Bank Group (AfDB), Dr. Akinwumi Adesina, has raised concerns that Nigeria’s plan to increase…
States urge FG to halt foreign loan-backed grants, subsidies for rural electrification in Nigeria
Business & Economy
June 10, 2024
States urge FG to halt foreign loan-backed grants, subsidies for rural electrification in Nigeria
State governments have raised concerns over the Federal Government’s use of foreign loans to fund grants and subsidies for private…
Nigeria benefits as AfDB sets $1.3 trillion annual target for Africa’s development
Business & Economy
May 27, 2024
Nigeria benefits as AfDB sets $1.3 trillion annual target for Africa’s development
The African Development Bank (AfDB) has stated that African countries need $1.3 trillion annually to experience sustainable development by 2030. …
AfDB commits $2 billion in 10 years to promote clean cooking in Africa
Business & Economy
May 16, 2024
AfDB commits $2 billion in 10 years to promote clean cooking in Africa
The African Development Bank (AfDB) has pledged the sum of $2 billion to promote clean cooking, particularly among women and…
FG expecting $2.2 billion loan from World Bank- Wale Edun
Business & Economy
April 21, 2024
FG expecting $2.2 billion loan from World Bank- Wale Edun
The Federal Government is looking forward to receiving around $2.2 billion single-digit interest loan from the World bank and another…
AFDB Invests $75m in Indorama to Boost Fertilizer Production, Job Creation in Nigeria
Business & Economy
April 5, 2024
AFDB Invests $75m in Indorama to Boost Fertilizer Production, Job Creation in Nigeria
The African Development Bank has signed a $75m loan agreement with Nigeria’s Indorama Eleme Fertiliser and Chemicals Limited. The bank…
Indorama to get $75 million from AfDB to boost fertiliser production
Business & Economy
March 29, 2024
Indorama to get $75 million from AfDB to boost fertiliser production
The African Development Bank (AfDB) has reached a $75 million loan agreement with Indorama Eleme Fertilizer and Chemicals Limited, marking…