AfDB: Nigerian Banks Lend Only 9.4% of GDP to Private Sector
The African Development Bank (AfDB) has revealed that banks in Nigeria lend the equivalent of only 9.4 per cent of ...
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Tag: #AfDB
AfDB: Power Outages Cut Nigerian Firms’ Sales by 3% as Generator Dependence Surges
Nigeria’s persistent electricity shortages are imposing significant costs on businesses, with more than 70 per cent of firms now relying ...
Read moreAfrica Could Save $299bn Annually Through Better Public Investment Efficiency — AfDB
The African Development Bank (AFDB) has stated that African countries could save up to $299 billion annually through improved public ...
Read moreAfDB Approves $5.65M Grant for P-REC Mini-Grid Projects Across 14 African Countries
The African Development Bank (AfDB) has approved a $5.65 million grant to support Peace Renewable Energy Certificate (P-REC) mini-grid projects ...
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AfDB Approves $5.52 Million Grant to Boost Tax Administration in Nigeria and West Africa
African Development Bank Group has approved a $5.52 million grant to strengthen tax administration and improve domestic revenue mobilisation in ...
Read moreAfDB Approves €6.5m Investment in Saviu II Fund to Support Tech Start-ups in Francophone Africa
The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital fund to ...
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Nigeria Seeks AfDB Funding for SAPZ Phase 2 Expansion
Nigeria has requested enhanced funding commitment from the African Development Bank (AfDB) to support the second phase of the Special ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.