African Development Bank president says invested $500 million in Development Bank of Nigeria

September 26, 2016 3:18 PM EDT

The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, September 16, 2016. REUTERS/Luc Gnago

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ABUJA (Reuters) - African Development Bank President said on Monday the lender had invested $500 million dollars in the Development Bank of Nigeria.

Earlier, Akinwumi Adesina - who was speaking at a news conference in the capital, Abuja - said the lender was aiming to lend a total of $4.1 billion to Nigeria over 2016 and 2017.

(Reporting by Chijioke Uhoucha; Editing by Alison Williams)

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