The African Development Bank (AfDB) said it has approved a $100 million investment for the establishment of the Nigerian Youth Entrepreneurship Investment Bank, a dedicated financial institution aimed at empowering young entrepreneurs across Nigeria and Africa. According to a report by the News Agency of Nigeria (NAN), this announcement was made by President of the…
The Federal Government has secured a $1.1 billion loan from African Development Bank, AfDB, to provide electricity for 5 million people by the end of 2026. Special Adviser to the President, (Information & Strategy), bayo Onanuga, who disclosed this in a statement, said President Bola Tinubu made this known at the just concluded two-day Mission…
The Federal Government on Thursday, November 14, announced that it had secured a $134 million loan from the African Development Bank (AfDB). According to the chief information officer for the Ministry of Agriculture and Food Security, Anthonia Eremah, the loan will be channelled into helping farmers boost their seeds and grain across the country. In…