Category: Business

Akinwumi Adesina

AfDB Hails Canada’s $1.1bn Pledge in Callable Capital Support

On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development Bank....

JP Morgan Earnings Q1 2019 Post Record

J.P. Morgan Chase on Friday reported record first-quarter profit and revenue that exceeded analysts’ expectations as the bank benefited from higher interest rates. The...

DBN Officials Meet with International Finance Partners

The team of the Development Bank of Nigeria (DBN), was on Wednesday introduced to some international finance partners at the sidelines of the World Bank Spring Meetings...

AfDB President Makes Strong Case for Increased US Investment in Africa

Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank, Akinwunmi...

We Must Democratise Technology, Adesina Tells Mo Ibrahim

African Development Bank President Adesina, on Friday, pleaded for Africans to embrace technology, and governments to urgently move away from “investing in the jobs of...

Innoson Motors Plans to Become Public Quoted Company, Says Chukwuma

A twenty-five-minute interview is a so much time to be given to one enquirer, considering the number of people that need his attention. When he spoke, he was so precise...

Zenith Bank Gets New Managing Director

The management of Zenith Bank Plc has announced the elevation of Mr Ebenezer Onyeagwu as its new managing director and chief executive officer. In a notice sent to the...

Ethiopia Plane Crash Report Wants Boeing to Review 737 Max Controls

Pilots on a doomed Ethiopian Airlines flight followed proper procedures and still couldn’t bring the 737 Max out of a dive, Ethiopia’s transport minister said,...

President Muhammadu Buhari

Gloomy: IMF Claims Nigerian Economic Growth Too Slow, Calls for Single Naira Rate

The International Monetary Fund has said that Nigeria’s economy was growing too slowly to reduce poverty or joblessness and urged the government to boost revenue and...

Africa Growth at 7-year High Due to its Major Economies

Growth in Africa’s two largest economies may be sputtering along but that won’t stop the continent’s gross domestic product from expanding at the fastest pace...