Culled—-Proshare June 22, 2020 by FBNQuest Research The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government amounted to N547bn (US$1.42bn) in June (from May revenue). This was a decline of N59bn on the previous month’s payment. From the sparse coverage in […]
Updates
S&P Global affirms African Development Bank’s AAA rating, with stable outlook
The rating agency’s report further noted that the AfDB will play a key role supporting the region, particularly in the context of COVID-19 June 22, 2020/AfDB Ratings agency S&P Global on Friday affirmed its ‘AAA/A-1+’ long- and short-term issuer credit assessment of the African Development Bank (AfDB) (www.AfDB.org) with a […]
Communique of the Bureau of the Boards of Governors AfDB following its meeting of 4th June 2020 regarding the whistle-blower’s complaint against Adesina
The Bureau also reiterates that the Chairperson of the Bureau of the Board of Governors performed her role in accepting the findings of the Ethics Committee in accordance with the said Resolution June 22, 2020/AfDB The Bureau reiterates that it agrees that the Ethics Committee of the Boards of Directors […]
