Tag: African Development Bank

Africa has the potential to generate more than $469 billion in additional revenue every year without increasing tax rates, according to ...

The African Development Bank (AfDB) has raised concerns about the low level of lending by Nigerian banks to businesses, revealing that credit ...

Nigeria’s chronic electricity shortage continues to impose heavy structural costs on its economy, with nearly 70% of businesses relying on ...

Nigeria’s economy is expected to experience slower growth in 2027 as falling global oil prices may reduce the country’s revenue ...

The World Bank Group has announced a major financial initiative aimed at attracting about $23 billion in private investment into ...

The Bank of Industry has secured a $200 million financing facility from the African Development Bank Group to increase funding ...

The African Development Bank Group has approved a $200 million financing package for the Bank of Industry (BOI) to help ...

The Development Bank of Nigeria (DBN) has secured a $61 million financing facility from the African Development Bank (AfDB) to ...

The African Development Bank Group (AfDB) has approved a $61 million financing package for the Development Bank of Nigeria (DBN) ...

Nigerian workers are increasingly falling behind their counterparts across Africa as stagnant wages fail to keep pace with inflation, eroding ...