Economy

EIB, AfDB to boost private sector investment with $70m in Nigeria

by LAIDE AKINBOADE-ORIERE, Abuja

April 19, 2018 | 6:17 pm
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The European Investment Bank (EIB), and African Development Bank, (AfDB) Thursday, in Abuja, said it has plans to support private sector investment in Nigeria with the establishment of Development Bank of Nigeria. While European Investment Bank is contributing 20m USD in the new financing institution, ADB will contribute  50 million USD in equity participation. The EIB…

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by LAIDE AKINBOADE-ORIERE, Abuja

April 19, 2018 | 6:17 pm
  |     |     |   Start Conversation

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