The Federal Government is set to borrow $1bn from the international capital market to fund its expansionary budget and stimulate economic growth as inflation, slow growth and other challenges continue to hit the economy.
Consequently, the Debt Management Office is seeking two lead managers and...
Abia state government is inching closer to sealing a deal with the African Development Bank (AfDB) for a $200 million loan facility to be used for the rehabilitation of infrastructure, especially in the commercial city of Aba.
It emerged that the deal was in the...
The Country Director, African Development Bank (AfDB), Dr Ousmane Dore, has earmarked 175 million dollars for Agricultural Transformation Agenda Support Programme (ATASP-I) as instrument for consolidating the bank’s investments in Nigerian agricultural sector.
The latest edition of the bank’s newsletter, issued by its Nigerian Country...
To secure $3bn WB, AfDB loan
Naira depreciates to N375/$
As depreciation impairs terminal operators’ earnings by 238% —Report
The Federal Government has said it would issue $1 billion Eurobond in the third quarter of this year towards its securing of $3 billion loan...
For African countries to continue to remain resilient, they must not get into a debt crisis, the President of the African Development Bank, (AfDB), Dr Akinwumi Adesina, has said.
Speaking at the opening session of the annual meetings of the bank in Lusaka, Zambia, Â Adesina...
The Director-General, International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga has said the Federal Government would launch N59.7 billion Youth-In-Agriculture Scheme in September.
Sanginga, who disclosed this to newsmen  in Ibadan on Sunday, said the scheme would be sponsored by the federal government and...
