Updates

AfDB supports Nigeria’s Economic Governance Programme

2/11/2016/AfDB Executive Directors of the African Development Bank (AfDB) on Wednesday, November 2, 2016 approved a US $600-million loan, being the first tranche of a US $1-billion budget support loan to help finance Nigeria’s Economic Governance, Diversification and Competitiveness Support Program (EGDCSP). The last tranche of US $400 million will […]

AfDB approves €900 million for Algeria’s Industrial and Energy Support programme

2/11/2016/AfDB The Board of Directors of the African Development Bank (AfDB) on Wednesday, November 2, 2016, approved a €900-million loan to Algeria to finance the country’s Industrial and Energy Competitiveness Support Programme (PACIE). PACIE aims to help create conditions conducive to inclusive growth in Algeria through implementation of economic reforms […]

Bears Resurfaces on Nigerian Bourse, as Q3 Earnings Reports Remain Unimpressive

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday closed on a negative noted as the bears resurfaced on the domestic bourse, with the all-share index (ASI) depreciating by 0.11 percent to close at 27,223.08 points. “Today’s proceedings pared the Month-to-Date gain to a marginal 0.01 percent and increased […]