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Nigeria Needs To Focus On Macroeconomic – Adesina

Nigeria Needs To Focus On Macroeconomic – Adesina

The President of the African Development Bank, Dr Akinwumi Adesina, has urged the incoming administration of Asiwaju Bola Ahmed Tinubu to pay attention to macroeconomic and fiscal stability. He said unless the economy is revived…

Nigeria Economy To Grow By 4.1% In 2023

Nigeria Economy To Grow By 4.1% In 2023

The African Development Bank (AfDB) has said that Nigeria and other economies of Africa are projected to grow by 4.1 per cent in 2023 and 4.3 per cent in 2024. The AfDB President, Dr Akinwumi…

COVID-19: AfDB receives kudos for $3.6bn spent on emergency budgetary support

COVID-19: AfDB receives kudos for $3.6bn spent on emergency budgetary support

The African Development Bank played a critical role in supporting millions of people across the continent, affected by the impact of the Covid19 pandemic in 2020. This is according to its latest Annual Development Effectiveness…

AfDB boosts Nigeria’s power sector with $200m –Adesina

AfDB boosts Nigeria’s power sector with $200m –Adesina

The President, African Development Bank Group (AfDB), Dr. Akinwumi A. Adesina, has said the regional financial institution provided $200 million for the Nigeria electrification project designed to fill the electricity access gap in the country.…

Presidency faults AI, says anarchy preceded shootings

Presidency faults AI, says anarchy preceded shootings

The Presidency has disagreed with the global human rights body, Amnesty International (AI)’s report that the looting and arsons committed by hoodlums in some parts of the country was precipitated by the shooting of #EndSARS…