Prof. Banji Oyelaran-Oyeyinka, Senior Special Adviser to the President of the African Development Bank, described the Federal Government as the bank's most difficult client on Tuesday.
He made the remarks while delivering the keynote address at 2022, 3rd Biennial African Scientific Integration Network Conference, which was hosted by...
UNCERTAINTY sill surrounds the presidential application forms of former president Dr Goodluck Jonathan and that of African Development Bank (AfDB) president Dr Akinwunmi Adeshina after it appears that they were both submitted.
Earlier this month, All Progressives Congress (APC) presidential nomination forms were...
AFRICAN Development Bank (AfDB) president Dr Akinwumi Adesina has ruled out the possibility of him running for Nigeria's presidency next year pointing out that for now he is focused on his current job of continental development.
Dr Adeshina was elected as the AfDB president in 2015, becoming the first Nigerian to occupy the...
ALL Progressives Congress (APC) presidential candidate Pastor Tunde Bakare has promised to attract $2trn in foreign direct investment (FDI) annually into the Nigerian economy if elected as president next year.
Pastor Bakare, 67, who is the general overseer of the Latter Rain Assembly church, was President Muhammadu...
AFRICAN Development Bank (AfDB) officials have announced an ambitious Nigerian trade industrialisation plan centred around the creation of special agro-industrial processing zones (SAPZ) that will create an unprecedented 400,000 jobs across the country.
Lamin Barrow, AfDB'a Nigeria country director-general, noted that ...
NIGERIA recorded a 3.4% increase in gross domestic product (GDP) during the course of 2021 in the first major sign that the economy is coming out of the recession according to recent statistics published by the National Bureau of Statistics (NBS).
Like many countries worldwide, Nigeria has suffered from the economic fallout...
Ayo Akinfe
As part of its preparations for the 2022 World Cup, Qatar has built the world's first mobile stadium that can can be dismantled and transported anywhere
I sincerely hope that the giant of Africa Nigeria is on the ground watching developments, as we will be needing this technology desperately in the future. It may be...
NIGERIA is to be offered a loan of $210m by the African Development Bank (AfDB) to help fund the creation of special agro-industrial processing zones across the country as part of an economic diversification plan.
Very vulnerable to the vagaries of the global crude oil market, Nigeria is a mono-economy, with about 90% of...
By Ayo Akinfe
According to the African Development Bank, Nigeria has an annual infrastructural deficit of $100bn, yet our 2021 budget is a meagre $33bn. Basically, what this means is that the government needs to quadruple its budget to address our infrastructure crisis
Given that about 70% of our budget goes on recurrent...
GOVERNMENT ministers have said they are not panicking about the fact that Nigeria's debt-to-gross domestic product (GDP) ratio has ballooned to 33% as a result of increased borrowing brought about by the coronavirus pandemic.
Due to the global pandemic, Nigeria has had to resort to heavy borrowing, with as much as a third of...
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