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Adesina Calls For Immediate Action Over Deepening Crisis of Global Malnutrition

President, African Development Bank (AfDB), Mr. Akinwumi Adesina has called for urgent action from stakeholders over the deepening crisis of global malnutrition. The President’s charge aligns with the AfDB’s High five (5) development priorities, in particular with the fifth goal to improve the quality of...

AfDB to Invest $24bn In Agric

The African Development Bank (AfDB) is to invest $24 billion in agriculture over the next 10 years to help unlock its potential and assure food security in Africa. The President of the bank, Dr. Akinwumi Adesina, revealed at a side event of the ongoing Borlaug...

AfDB Earmarks $800m For Agriculture In Africa

The African Development Bank ( AfDB ) and World Bank have earmarked 800 million dollars for the provision of agriculture technologies to farmers in Africa. AfDB President, Dr Akinwumi Adesina, made this known at the ongoing 2017 African Green Revolution Forum (AGRF) in Abidjan, made...

FG extends 2016 capital budget implementation to May 5

The Federal Government on Thursday extended the implementation of the capital component of the 2016 budget from March 31 to May 5, or till the passage of the 2017 budget, whichever is earliest. The Ministry of Finance said in a statement that already, the Accountant-General...

Budget 2017: PMB Writes NASS For Additional $500m Eurobond

President Muhammadu Buhari has written to the National Assembly to seek for approval to issue an additional $500 million Eurobond to fund capital projects in the 2017 budget. This was revealed during a Senate session yesterday. The latest demand follows the oversubscription of a similar bond...

Development Bank Takes-off With Access to $1.3bn

The Federal Ministry of Finance has confirmed the completion of the recruitment exercise for the Executive Management team of the Development Bank of Nigeria (DBN), and has formally applied for the issuance of its operational license from the Central Bank of Nigeria (CBN), which...