African Development Bank (AfDB)

Nigerian Economy Not In Distress, Only Facing Challenging Times – Tinubu

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Nigerian Economy Not In Distress, Only Facing Challenging Times – Tinubu

The President of Nigeria,  President Bola Tinubu on Tuesday, said Nigeria is currently facing challenging times but its economy is not distressed. As reported by THE WILL, President Tinubu spoke at the 16th edition of the Leadership 2023 conference and Awards, held at the Transcorp Hotel, Abuja. Speaking on the theme “An Economy in Distress: … Read more

Investors Rally Over AfDB $2bn Five Years Bond Issuance

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Investors Rally Over AfDB bn Five Years Bond Issuance

African Development Bank (AfDB) has issued a five-year global benchmark bond to raise two billion dollars.Information Guide Nigeria The bond was issued on March 7, 2023, and will mature by March 14, 2028. According to the bank, this is part of its funding strategy of issuing large liquid benchmark transactions. The issuance has a coupon … Read more