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A service for global professionals · Thursday, May 8, 2025 · 810,811,407 Articles · 3+ Million Readers
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South Korea African Development Bank Newswire

  • Published on 12:15 GMT

    Adesina, Onanuga and the Matter of Being Better Off

    The President of the African Development Bank (AfDB), Akinwunmi Adesina, ruffled presidential feathers on Monday when he said in a speech during the 20th Anniversary dinner of the financial services company, Chapel Hill Denham, that Nigerians were better …

    Source: The News Chronicle - Neutral
  • Published on May 6, 2025

    Nigeria joins Asian Infrastructure Investment Bank as 19th African member

    The move positions Nigeria as a non-regional member of the Asian Infrastructure Investment Bank (AIIB), granting it broader access to global infrastructure financing and aligning with its strategic goals for economic growth and international investment …

    Source: Business Insider Africa - Neutral
  • Published on May 6, 2025

    SIDI OULD TAH: Africa must stop buying what it already has

    Public debt remains elevated at around 60% of GDP for Sub-Saharan Africa. Inflation, though moderating, still averages 12.5%. Africa continues to pay the highest risk premiums globally to access capital markets, spending five times more on debt service …

    Source: BusinessLIVE - Pending
  • Published on May 5, 2025

    I got discouraged, almost ran away during my early days as Nigerian president – Tinubu

      President Bola Tinubu has disclosed that he almost ran away from the media at the inception of his office as president.   Tinubu said he got so discouraged that he almost stopped watching or reading newspapers due to the economic situation in the country …

    Source: Nigerian Eye - Neutral
  • Published on May 5, 2025

    Presidency disagrees with Adesina’s claims on Nigeria’s GDP

    The Presidency has disagreed with the African Development Bank (AfDB) President Akinwumi Adesina’s remarks on Nigeria’s gross domestic product (GDP) and the economy. While speaking at the 20th anniversary dinner of investment firm Chapel Hill Denham in …

    Source: The Guardian (Nigeria) - Indeterminate
  • Published on May 5, 2025

    Nigeria’s Economic Time Travel – How Did We End Up Poorer Than 1960?

    There comes a time when the truth must be laid bare, no matter how inconvenient or damning. And that time is now. According to Dr. Akinwumi Adesina, President of the African Development Bank, Nigeria’s GDP per capita has shockingly nosedived to $824—worse …

    Source: The News Chronicle - Neutral
  • Published on May 5, 2025

    Poverty rising in rural Nigeria –World Bank

    The World Bank has raised a fresh concern over the rising poverty in Nigeria, saying that a staggering 75.5 per cent of rural dwellers live below the poverty line. The World Bank stated this in its latest April 2025 Poverty and Equity Brief for Nigeria …

    Source: Daily Trust - Pending
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