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China Development Bank

FG pledges collaboration to foster domestic growth

FG pledges collaboration to foster domestic growth

NewsDesk07 mins

Barbara Bako, Abuja. The Federal Government has stated that it is dedicated to forming partnerships and strategic alliances that would help it achieve its objectives and promote domestic development. This was revealed by Vice President Kashim Shettima on Wednesday during the China-Africa Development Finance Forum (CAIBA) 2024 in Abuja, which had as its theme “Coming…

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China deepens influence in Nigeria as CDB named Kaduna-Kano rail financier

China deepens influence in Nigeria as CDB named Kaduna-Kano rail financier

Yusuf Issa An-Nuphawi04 mins

The Senate on Tuesday announced a new financier for the Kaduna-Kano railway modernisation project. The former financier, the China Exim Bank backed off the project making way for the China Development Bank (CDB) to take over. To this effect, the Senate harmonised the terms of the 2016-2018 Federal Government’s external borrowing plan for the project….

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