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FG Borrows Fresh $134m AfDB Loan For Rice, Wheat Farming

The federal government on Thursday announced the collection of a $134m loan from the African Development Bank (AfDB) to produce 1.2 million metric tonnes...
Business

AfDB to boost youth capacity in Nigeria with $100m entrepreneurship investment bank

As part of its support for young people in Nigeria and to boost their capacities, the African Development Bank (AfDB) will establish a Youth...
Business

FG Plans Single Digit Interest Rate Financing For Farmers

The Minister of Agriculture and Food Security (FMAFS), Abubakar Kyari on Thursday, revealed plans to enhance access to single-digit financing through partnership with the...
Business

Address Challenges Limiting Wheat Production, AFDB Urges FG

The President of, the African Development Bank, (AfDB) Dr Akinwumi Adesina on Wednesday commended Nigeria’s National Wheat Self-Sufficiency Plan as he revealed the demand...
Business

Protect Your Investments With Agric Insurance Schemes, FG Urges Farmers

In a bid to curtail harvest losses due to climate change and enhance sustainability and food security, the federal government has expedited action to...
Business

‘Future Of Oil No Longer Certain’ – Reps Plan To Boost Agricultural Funding

In an effort to address rising food prices and national food insecurity, the House of Representatives has unveiled plans to increase agricultural funding.The Speaker,...
Business

Nigeria, other African countries’ mounting debt profile forces AfDB to inaugurate ADMIN

By: Babajide OkeowoThe mounting debt profile of Nigeria and other African countries has forced the African Development Bank (AfDB) to launch the African Debt...
Business

AfDB, Partners Launch $5.2m Project To Boost Diaspora Investment In 8 Countries

The agreement was signed in Addis Ababa, Ethiopia. The Tripartite Funding and Implementation Agreement will support the ‘’Streamlining Diaspora Engagement to Catalyze Private Investments...
Business

AfDB appoints Lamin Barrow as Director General for West Africa Region

Barrow, a Gambian national, brings extensive experience and knowledge to his new role, having joined the African Development Bank in 2000. Before this appointment,...
News

AfDB approves increased capital of $117bn to support Nigeria, others

The Board of Governors of the African Development Bank (AfDB) Group, has approved a capital increase of 117 billion dollars to further support Nigeria...
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