Sylva To Launch $50m Oil Industry Research, Development Fund Protocol       The Minister of State for Petroleum Resources, Chief Timipre Sylva, will next week launch the oil and gas Research and Development (R&D) Fund Utilisation Protocol put in place by the Nigerian Content Development and Monitoring...

AfDB Okays $50m Loan For Nigerian Women Businesses     The board of directors of the African Development Bank has approved a loan of $50m to First City Monument Bank Limited to channel to local enterprises and women-empowered businesses in the agribusiness, manufacturing, healthcare and renewable energy...

AfDB Group Becomes AFC Shareholder After Investing $50m   The Africa Finance Corporation (AFC) yesterday announced that the African Development Bank Group (AfDB) has invested $50 million in the equity of the corporation. AfDB’s investment in the AFC would enable both institutions to accelerate infrastructure development and...

Operator Demands $50m For Lagos Cable Car Project   Transactions worth $40.1bn were secured at the second edition of the African Investment Forum, President of the African Development Bank, Dr Akinwumi Adesina, has said. Ropeways Transport, promoter of Lagos Cable Car Project, also sought $50m from financiers...

AfreximBank To Build $50m Investment Hub In Imo   The Imo State government on Tuesday said that it was attracting $50m worth of investment to the state. A statement issued in Owerri, the state capital by the Chief Press Secretary to the governor, Chibuike Onyeukwu, said that...

AfDB, Fidelity Bank To Support MSMEs With $50m The African Development Bank and Fidelity Bank Plc have signed a $50m financing agreement aimed at the funding and promoting the growth of Micro, Small and Medium Enterprises in the country. At the signing of the agreement in...