Nigeria, May 28 -- The Chairperson of the Board of Governors of the African Development Bank (AfDB), Niale Kaba, has debunked reports that the president of the bank, Akinwumi Adesina, has been asked to step down.

In a statement signed by Ms Kaba, dated May 27, the board chairperson said the board is treating the lingering issue with utmost seriousness.

"On Tuesday, May 26, the office of the Board of Governors of the African Development Bank Group held a meeting to examine the matter arising from a complaint from the board of directors of the bank, and about that which I received from some shareholders expressing different points of view," the statement said.

"The bureau, which I chair, wishes to assure the public that it is seized with...