The African Development Bank (AfDB) will lend Nigeria $500 million this year as part of a $1 billion budget support programme, following the economic reforms introduced by President Bola Tinubu.
Bode Oyetunde, Nigeria’s executive director at the AfDB, confirmed the development on Monday during
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
