Nigerian foreign debt hits N6.76trn in Q2 –NBS
The National Bureau of Statistics (NBS) has said Nigeria’s foreign debt stood at N6.76trillion ($22.08 billion) as at second quarter ended June 30, 2018.
The apex statistical agency in its latest report said ‘Nigerian domestic and foreign debt’...
AfDB, Others Price Landmark $1 Billion Impact Securitization
The African Development Bank (AfDB) and other international Portfolio managers have announced the pricing of Room2Run, a US $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk.
Room2Run is the first-ever portfolio synthetic securitization...
AfDB Disburses $7.81bn To African countries, Highest Ever
The African Development Bank, under the leadership of its president, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its annual report, released during the Annual Meetings in Busan, Korea.
Bank...
AfDB, GGGI Partner to Promote African Green GrowthÂ
The African Development Bank (AfDB) and the Global Green Growth Institute (GGGI) signed a Memorandum of Understanding (MoU) Friday on the sidelines of the African Development Bank Group’s Annual Meetings in Busan, to promote programs, projects, joint...
Nigeria Signs MoU with African Risk Capacity
The Government of the Federal Republic of Nigeria has  in Busan, South Korea, on the sidelines of the ongoing AfDB Annual Meetings, signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) to serve as a...
Emir Sanusi Outlines Path to Africa’s Development
Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank,...
