Tag: African Development Bank

Nigeria and others lose $1.6bn daily to illicit flows

The African Development Bank has revealed that the continent loses about $1.6bn every day to illicit financial flows and profit shifting on the part of multinationals operating in Africa. This…

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FG Secures $163 Million AfDB Loan For Wheat Production

To increase wheat output, the Nigerian government has obtained a $163 million loan from the African Development Bank. The Vice President, Senator Kashim Shettima, reportedly made this announcement in Argungu,…

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