AfDB President Warns: Africa’s Growth Stifled by $824 Billion in Resource-Backed Loans
Akinwumi Adesina, the President of the African Development Bank (AfDB), has raised concerns over the detrimental impact of non-transparent resource-backed ...
Tag: African Development Bank
FG Secures $1.5 Billion World Bank and $80 Million AFDB Loans for Critical Projects
The Federal Government of Nigeria announced on Monday that it has successfully secured a budget support loan of $1.5 billion ...
Nigeria Joins Africa’s Top 10 Industrialized Nations.
In a recent report released by the African Development Bank (AfDB) in collaboration with the African Union (AU) and the ...
FG to Generate N124.26bn Annually from 0.5% Import Tax, Finance Bill 2023 Reveals
The Nigerian Federal Government is projected to generate approximately N124.26bn per year through the implementation of a 0.5% import tax ...
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13 Nigerian States Allocate ₦3.87 Trillion for Salaries and Administration in 2025 Budgets
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Lagos Commodities and Futures Exchange Launches N5 Billion Eko Rice Contract.
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