The African Development Bank (AfDB), on Wednesday, announced the debarment of a Nigerian company, Maxicare Company Limited for engaging in collusive and fraudulent practices. According to...
President Muhammadu Buhari on Tuesday approved the appointment of Dr. Oyebode Oyetunde as Nigeria’s Executive Director at the African Development Bank (AfDB). Oyetunde replaced Dr. Bright...
The President, African Development Bank (AfDB) Dr Akinwumi Adesina, has lamented the escalating debt being incurred by African countries, including Nigeria, saying it has become worrying....
The African Development Bank (AfDB) has approved two research grants worth $1.3 million to boost African women’s access to loans and micro-insurance. The grants, $1 million...
The African Development Bank Group (AfDB) on Friday signed a $400,000 agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation in the...
Nigeria, along with other 14 countries in the Economic Community of West African States (ECOWAS) are to benefit from the $320,000 funding from the African Development...
African Development Bank (AfDB) has given the nod for the sum of $25 billion to be invested in agriculture in Nigeria and four other countries on...
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, said on Saturday the multilateral lender’s AAA rating by Moody’s Investors Service validated the strength...
Nigeria and other African countries might incur losses of between $7 billion and $15 billion annually as devastation from climate change worsens across the continent, the...
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, on Thursday expressed happiness at his re-election as the multilateral lender’s helmsman. In his acceptance...
The Peoples Democratic Party (PDP) Thursday evening congratulated Dr Akinwumi Adesina on his re-election as President of the African Development Bank (AfDB). The party gave the...
President Muhammadu Buhari on Thursday congratulated Dr Akinwumi Adesina on his re-election as the President of African Development Bank (AfDB). In a statement issued by his...
Nigeria has nearly doubled its voting rights in the African Development Bank (AfDB) to 16.8% before the lender’s yearly meetings this week, as one of its...
President Muhammadu Buhari on Tuesday rejoiced with President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, over his clearance for alleged breach of the bank’s...
An independent panel led by one-time Irish president, May Robinson, has cleared the embattled African Development Bank (AfDB) chief, Akinwunmi Adesina of corruption. The AfDB head...
Africa Investment Forum, a brainchild of the African Development Bank (AfDB), Monday announced it would commit $3.79 billion to 15 private sector projects in Nigeria and...
Nigeria and other African countries are set for a partial economic rebound from the coronavirus crisis in 2021, even though it will come at a cost...
The African Development Bank on Monday appointed Mrs. Wambui Gichuri as the acting Vice President, Agriculture, Human, and Social Development. The AfDB, which disclosed this in...
The African Development Bank (AfDB) said it had commissioned a body of three people to undertake an independent assessment of the report of the ethics committee...
Africa’s biggest multilateral lender, African Development Bank (AfDB) said it had responded to the needs of its member nations in an effort to contain the spread...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The entire portfolio of the African Development Bank (AfDB), made up of 61 operations, climbed from $4.5 billion to $5 billion between March and December last...
The board of governors of Africa’s biggest multilateral lender, African Development Bank (AfDB), plans to commission a fair-minded personality of global repute to carry out an...
President Muhammadu Buhari on Tuesday held a closed-door meeting with the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, at the Presidential Villa, Abuja....
A rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Sunday urged the United States President, Donald Trump, to call the country’s Executive Director...
Former presidents Olusegun Obasanjo, Goodluck Jonathan, and some other African leaders Friday threw their support behind the President of the African Development Bank (AfDB), Dr. Adewunmi...
Former President Olusegun Obasanjo Thursday rejected the United States Treasury’s demand for probe the President of the African Development Bank, Akinwunmi Adesina, for alleged corruption. The...
The board of the African Development Bank (AfDB) has promised to conduct an independent investigation of its chief, Akinwunmi Adesina. This came following U.S. Treasury Secretary,...
U.S. Treasury Secretary Stephen Mnuchin has resisted attempts by the African Development Bank’s (AfDB’s) board to stop an investigation into its president, Akinwunmi Adesina, and requested...
The African Development Bank (AFDB) has debarred China Zhonghao Limited for 18 months, for fraudulent practices. over corrupt practices. The Chinese company is the employer of...
The Board of Governors and the Ethics Committee of the African Development Bank (AfDB) have given Dr. Akinwumi Adesina, the Bank’s President, a clean bill of...
The President of the African Development Bank (AfDB), Akinwunmi Adesina, said Monday he would continue to discharge his responsibility diligently to lead the bank’s bold mission...
The Federal Government, through its National Electrification Project (NEP), has brokered a deal with the African Development Bank (AfDB) intended at curbing severe power generation challenges...
Indications emerged on Monday that the African Development Bank (AfDB) had endorsed an outlay of $200 million (around N61.2 billion) for Nigeria to develop its decrepit...
The African Development Bank (AfDB) on Monday raised the alarm over the unemployment situation in Nigeria, which it said was frightening and could become catastrophic if...
The Okezie Ikpeazu-led government of Abia State has blamed the governorship candidate of the All Progressives Grand Alliance (APGA) in the last election, Dr Alex Otti,...
President of African Development Bank (AfDB), Dr Akinwunmi Adesina, on Sunday applauded President Muhammadu Buhari for nominating him for re-election. He spoke at an event in...
The Ekiti State chapter of the Peoples Democratic Party National New Media Group (PDP-NNMG) has raised the alarm over an alleged plan by the state Governor,...
The African Development Bank (AfDB) on Tuesday said Nigeria accounted for $7bn of the $38.7bn inflows that were secured for the African continent at the maiden...
The President of African Development Bank (AfDB), Dr Akinwunmi Adesina, has said the menace of banditry and kidnapping and other unrest facing the country could only...
Nigeria’s Fidelity Bank has obtained a $50 million facility from the African Development Bank, AfDB, for the funding and promoton of the growth of Micro, Small...
It has been revealed that the United Nations Secretary-General, Antonio Guterres, has accepted to co-chair a special session to raise $50 billion to fund inter-basin water...
Days after the International Monetary Fund (IMF) expressed worries over Nigeria’s rising debt profile, the Federal Government has said it would take another fresh external loan...
The Minister of Finance, Zainab Ahmed on Wednesday said a total sum of $6.8 million to rebuild the North East would come as a loan from...
The African Development Bank (AfDB) on Thursday pledged the commitment of $25billion to help Nigeria and other African countries fight the threat of climate change. This...
The African Development Bank (AfDB), has approved $14.12million facility to support Nigeria’s membership in the African Trade Insurance agency. The bank disclosed this in a statement...
Nigeria’s Transmission Expansion Programme has attracted $410 million funding from the African Development Bank (AfDB) the Transmission Company of Nigerian, TCN, has said. The funding are...
The Federal Government has said it is partnering with the African Development Bank, AfDB, to establish a $500 million fund with the purpose of financing technological...
The African Development Bank has announced that it is going to invest $500 million into citywide sanitation in urban communities in sub-Sahara Africa. The bank made...
President Muhammadu Buhari on Tuesday wrote to the Senate seeking approval to raise $2.78 billion Eurobonds as part of the capital funding for the 2018 national...
