Tag Archives: Akinwumi Adesina

Economic recession: AfDB disburses $600m budget support to FG

The Minister of Finance, Kemi Adeosun, has said that the African Development Bank (AfDB)  has disbursed a budget support of 600 million dollars to Nigerian government when the country faced economic recession. She said this at the commissioning of the bank’s complex on Thursday in Abuja. She said that AfDB-Nigeria Country Office over the years, under past and current leadership, ...

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Osinbajo inaugurates AfDB country office, says $6bn portfolio enhances job creation

Vice-President, Yemi Osinbajo, on Thursday, inaugurated the Country Office of the African Development Bank (AfDB). He praised the banks $6 billion portfolio in Nigeria, which enhanced job creation.  He particularly mention his delighted that the bank has been working closely with the Buhari  administration in addressing the challenges facing the people affected by insurgency in the North East and militancy ...

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Nigeria is largest shareholder in AfDB with portfolio of $6bn – Official

The Nigeria Country Director of African Development Bank (AfDB), Ebrima Faal, has said that Nigeria is the bank’s largest shareholder, with a portfolio of approximately six billion U.S dollars. Faai announced this in a statement issued on Monday and made available in Abuja. Faal said that President Muhammadu Buhari would inaugurate the bank’s new office complex, in Abuja, on January ...

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