Culled—Proshare 14/9/2016/FDC With Nigeria’s current economic weakness, the word ‘recession’ is on everyone’s lips, but not many understand what it really means. The general rule of the thumb is that a country is officially in a re-cession after two consecutive quarters of negative growth. According to this definition, Nigeria was […]
Updates
AfDB approves a US $2-million grant to Cape Verde and Guinea Bissau to fight the Zika virus outbreak
14/9/2016/AfDB The Board of Directors of the African Development Bank Group (AfDB) on September 8, 2016 in Abidjan, approved two grants of US $1 million each, to Cape Verde and Guinea Bissau as emergency assistance to support the implementation of National Preparedness and Response Plans to fight the Zika virus […]
African Development Bank signs Letter of Intent with Mizuho Bank, Ltd
14/9/2016/AfDB During the Sixth Tokyo International Conference on African Development (TICAD VI) held in Nairobi, Kenya, the African Development Bank (AfDB) signed a Letter of Intent (LOI) for business cooperation with Mizuho Bank, Ltd. (MHBK) on Saturday, August 27, 2016. The signed LOI covers a broad range of financial services, […]
