Financial Services Management 

Representatives Urge AfDB Board to Stop Further Harassment of Adesina

Home of Representatives has advised the Board of African Advancement Bank(AfDB)to stop further harassment of the bank’s President, Akinwumi Adesina. The call was sequel to a consentaneous adoption of a motion of Matter of Public Urgent Value by the Minority Leader of your home, Ndudi Elumelu (PDP-Delta), at plenary on Tuesday. Previously, Mr Elumelu recalled that at a conference of the United Nations Economic Commission for Africa (UNECA) in Khartoum, Sudan, in August,1963, a contract was grabbed the establishment of AfDB. He stated the agreement was co-signed by 23 African…

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Africa African Business News Covid19 Financial Services Government Healthcare 

Post-COVID-19: World Bank says Nigeria, others must end fuel subsidy

The existing low crude oil prices present a chance for commodities-dependent economies like Nigeria to examine their energy pricing policies as they eagerly anticipate the post-COVIC-19 pandemic period, the World Bank has actually said. The Bank stated in a report released on Wednesday that energy-importing developing countries need to move far from costly aid plans and allocate their minimal financial resources to improving public health and education. The report, entitled, “Including Fuel to the Fire: Low-cost Oil throughout the Pandemic”, was released ahead of the release of the World Bank…

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Agriculture Financial Services Transportation 

World Bank approves six development projects for Nigeria in 2020

The World Bank on Tuesday announced the approval of six development projects valued at about $2.1885 billion for execution in Nigeria in 2020. The World Bank said on Wednesday the approved projects are to support Nigeria’s development priorities focused on improving immunisation, providing an enabling business environment for the private sector, expanding the digital economy to promote job creation, and increasing the capacity of public and private sector on governance, social and environmental safeguards. “Nigeria is central to the World Bank Group’s mission of tackling extreme poverty. The World Bank…

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