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Nigeria: AfDB Offers $1 Billion Lifeline to Federal Government
Guardian, 27 September 2016
The African Development Bank (AfDB) will support Nigeria with a sum of $1 billion to address the country's N2.2 trillion deficit in the 2016 budget.The gesture comes amid… Read more »
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Nigeria: African Development Bank Offers Nigeria $4.1 Billion Loan
Premium Times, 27 September 2016
The president of African Development Bank (AfDB), Akinwumi Adesina, says the bank has a portfolio of $4.1 billion dollars to support Nigeria's new lending operations from 2016 to… Read more »
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Nigeria: State to Get U.S.$1 Billion Loan to Bridge Budget Gap
Leadership, 27 September 2016
The African Development Bank (AfDB) has pledged to offer a $1 billion loan to Nigeria, to support the country with the funding of the $2.2 trillion shortfall in the 2016 budget. Read more »
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Nigeria: Recession - AfDB Meets Buhari's Economic Team, Offers $4.1 Billion Lifeline
Daily Trust, 26 September 2016
The African Development Bank (AfDB) has offered to help Nigeria tackle her current economic recession with $4.1 billion support. Read more »
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Nigeria: We've Resources to Surmount Recession - - Buhari
Daily Trust, 26 September 2016
President Muhammadu Buhari has declared that Nigeria has the people and the resources to surmount her economic problems. Read more »
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Nigeria: Nigeria Not in Debt Crisis, Not Falling Apart - Adesina
Guardian, 26 September 2016
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has said that Nigeria is not in debt crisis but only facing "a liquidity problem". Read more »
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Nigeria: AfDB Offers Nigeria U.S.$1 Billion Loan to Finance 2016 Budget Deficit
This Day, 26 September 2016
Nigeria got a lifeline on Monday as the African Development Bank (AfDB) said it would support the country with the sum of $1 billion to help it address the N2.2 trillion deficit in… Read more »
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Nigeria: Adesina Stresses Need for Nigeria to Incentivize its Way Out of Recession
African Development Bank (AfDB), 27 September 2016
Nigeria must reap the “dividends of devaluation” - AfDB to stand by Nigeria with increased financial support Read more »
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Nigeria: AfDB President Begins First Official Visit to Nigeria
African Development Bank (AfDB), 27 September 2016
Adesina meets Economic Team, commends authorities for bold steps taken, and announces emergency grant for Internally Displaced People Read more »