AfDB Approves $500 million for Establishment of DBN
The board of directors of the Africa Development Bank, AfDB, has approved a sum of $500 million as support fund for the establishment of Development Bank of Nigeria,DBN. According to a statement realeasd by the AfDB in Abuja recently, the financial package consisted of loans of $450 million and an equity investment of $50 million in the DBN. -TELL.
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