January 08, 2019
Africa: African Development Bank Approves U.S.$14.12 Million to Support Nigeria's Membership in African Trade Insurance (Ati) Agency
The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria's membership in the… Read more »
December 06, 2018
Nigeria: Vice President Osinbajo Launches African Development Bank-Funded U.S $258 Million Landmark Northeast Recovery Programme
"When the story of northeast's recovery is told, the work of the African Development Bank will occupy a well-merited and prominent chapter - Osinbajo Read more »
December 03, 2018
Nigeria: The African Development Bank and Africa Growing Together Fund to Provide U.S.$ 200 Million in Joint Financing to Support the Nigeria Electrification Project
The Board of Directors of the African Development Bank Group has approved a US$150 million sovereign loan to the Federal Government of Nigeria to finance the Nigeria… Read more »
October 30, 2018
Africa: Nigeria's Emir Sanusi Urges Africa to Put Education and the Poor At the Centre of Development
One of Nigeria's foremost traditional rulers has challenged Africans and development experts to rethink development financing to reach the poorest communities on the continent, to… Read more »
October 26, 2018
Nigeria: Bank Strives to Boost Job Creation and Entrepreneurship in Nigeria
Engages Federal Ministry of Labour and Employment, National Universities Commission, Siemens, GE, Master Card Foundation, World Bank &t NESG Read more »
October 18, 2018
Nigeria: African Development Bank Approves U.S. $ 50mn Facility to Support SMEs and Women Owned Enterprises in Nigeria
The African Development Bank has approved a US$50 million line of credit to Nigeria's Fidelity Bank Plc to support small and medium sized, and women-owned enterprises in selected… Read more »
October 17, 2018
Africa: African Development Bank to Invest U.S.$ 10 Million in Chapel Hill Denham Nigeria Infrastructure Debt Fund
The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham Nigeria Infrastructure Debt Fund… Read more »
September 26, 2018
Nigeria: African Development Bank Approves $50mn Facility to Support Nigeria's Rural Populations
The African Development Bank has approved a US$50 million line of credit to Nigeria's Sterling Bank Plc to support micro, small and medium sized enterprises (MSMEs) in strategic… Read more »
September 25, 2018
Nigeria: African Development Bank and Nigerian Economic Society to Hold International Conference On Agricultural Value Chain(s) in Abuja, Nigeria
The African Development Institute (ECAD) of the African Development Bank and the Nigerian Economic Society (NES) will convene an international conference under the theme… Read more »
August 06, 2018
Nigeria: African Development Bank Inaugurates Task Force On Youth Employment and Skills Development
The African Development Bank in partnership with the Federal Government of Nigeria has inaugurated a Task Force to drive its first Public-Private Round Table on Youth Employment… Read more »
May 17, 2018
Africa: African Development Bank Approves U.S.$100 Million for Expansion of Fertilizer Production
The African Development Bank has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company's plans to double… Read more »
May 09, 2018
Nigeria: African Development Bank Approves $1.5 Million USD for Jigiwa On-Grid IPP Solar Power Procurement Program
The Board of Directors of the African Development Bank has approved a US $1.5-million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian Government's… Read more »
April 19, 2018
Africa: EIB and African Development Bank to Support Private Sector Investment in Nigeria With Development Bank of Nigeria Backing
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and… Read more »
April 16, 2018
Africa: The African Development Bank Supports Nigeria's Healthcare Sector
Lagos State, Nigeria's largest healthcare market, lacks an adequate supply of quality secondary and tertiary healthcare facilities with only about 700 to 1,000 quality beds for a… Read more »
March 16, 2018
Africa: African Development Bank Undertakes High Power Sector Mission in Nigeria
Vice-President, Yemi Osinbajo, SAN, receives African Development Bank Vice-President for Power, Energy, Climate Change and Green Growth, Amadou Hott, and other African Development… Read more »
January 19, 2018
Nigeria: Nigeria Makes Formal Request to Host African Development Bank's Regional Hub
"We think being the largest shareholder of the Bank since inception, and the country with one of the largest portfolio of its projects, Nigeria, is the natural and logical place… Read more »
Nigeria: "African Development Bank's Lifeline Lifted Nigeria Out of Recession" - Buhari
Nigerian President lauds Bank for standing tall among multilateral development banks and international financial institutions Read more »
January 18, 2018
Nigeria: Speech By Dr. Akinwumi Adesina, President of the African Development Bank
Good morning and welcome everyone! We are grateful that you all graciously honored our invitation. Read more »
Nigeria: Address By His Excellency, Prof. Yemi Osinbajo, SAN, Vice-President, On Behalf of Muhammadu Buhari,
I am delighted to be here today, to celebrate with the African Development Bank the commissioning of its Nigeria Country Office Complex. This building here in Abuja is, among other… Read more »
January 16, 2018
Nigeria: African Development Bank Inspires Nigerian School Children With 'Farming Is Cool' Competition
As part of its goal to see a generational shift in agriculture on the continent, the African Development Bank has taken its 'Farming is Cool' initiative to school children in… Read more »
January 14, 2018
Nigeria: Nigeria Consolidates Position As African Development Bank's Largest Shareholder
Nigeria's President Buhari to commission Bank's new historic country building Read more »
November 21, 2017
Africa: AfDB and ISDB Partner to Boost Agriculture and Fight Drought in Nigeria, Somalia and Uganda
A joint initiative of the African Development Bank (AfDB) and the Islamic Development Bank (IsDB) will boost agriculture value chains and enhance drought resilience in Nigeria,… Read more »
November 08, 2017
Nigeria: AfDB Holds Fashionomics Africa Masterclass At Lagos Fashion and Design Week 2017
124 women take part in maiden fashion masterclass in Nigeria Read more »
November 06, 2017
Nigeria: AfDB Salutes Nigeria's Laudable Efforts On Economic Recovery and Diversification
The Nigeria House of Representatives has constituted a Tactical Committee on Economic Recession to guide innovative legislative actions by the House and the National Assembly to… Read more »
October 31, 2017
Nigeria: African Development Bank Strongly Supports Nigerian Government's Economic Recovery Efforts
The African Development Bank wishes to categorically refute the statement that it has "called off loans to Nigeria", as reported in Reuters and credited to AfDB Vice-President for… Read more »