Governor Sule offsets over N50bn debt inherited since assumption
By DANJUMA JOSEPH, Lafia – Nasarawa State Governor, Abdullahi Sule, on Wednesday said his administration has offset over N50bn loan inherited even as […]
debt
FG recovers N57bn debt from 10 MDAs – Official
The Director, Special Projects, Federal Ministry of Finance, Aisha Omar, has said the ministry has so far recovered N57 billion from the N5.2 trillion […]
I inherited $587m, N85bn debt from El-Rufai’s Govt — Governor Sani
Kaduna State Governor, Uba Sani has said that he inherited a huge debt burden of $587m, N85bn and 115 contractual liabilities from the […]
We disconnected power supply to UCH over N400m debts – IBEDC
Management of Ibadan Electricity Distribution Company (IBEDC) Plc says it was as compelled to disconnect power supply to University of Ibadan College Hospital (UCH) […]
Reps dismiss petition against NPA over alleged bad debt of 178bn
The House of Representatives has dismissed a petition accusing the Managing Director of the Nigeria Ports Authority (NPA), Mr Bello Koko of recording a […]
Corpses decomposing in Army’s mortuaries over power outage – COAS
By EZEKIEL OBI, Abuja – The Chief of Army Staff (COAS), Lt.- Gen.Taoreed Lagbaja, has said that corpses are decomposing in mortuaries of some barracks […]
FG to settle N3 trillion inherited debt in power sector
The Minister of Power, Mr Adebayo Adelabu, says the Federal Government is committed to settling more than three trillion Naira debt it inherited in […]
Buhari destroyed Nigeria’s economy while Tinubu is trying to rebuild it – Reno Omokri
By CALLISTUS OFFOR, Abuja – Former presidential aide and social critic, Mr. Reno Omokri, has revealed how former President Muhammadu Buhari destroyed the country’s […]
How Africa debt continue to rise as restructuring efforts drag on
While the explosion of debt is throwing a shadow over global economic growth, experts warn that Sub-Saharan Africa, where several countries are already in default, […]
Court gives Emefiele Jan. 25 to appear over $53m debt
A Federal High Court in Abuja has given former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, until Jan. 25 to appear in […]
Benue inherited N359bn debt from past administration – Gov. Alia
Benue State Governor, Hyacinth Alia on Sunday disclosed that his administration inherited the sum of N359 billion as debt from the past administration in […]
Arik Airline will return to the owner if reasonable debt is paid – AMCON
The Assets Management Corporation of Nigeria (AMCON) has advised the Chairman of Arik Air, Johnson Arumemi-Ikide, to present a reasonable debt recovery plan in order […]
Anambra gov’t invites IPMAN over N900m debt claims
The Anambra Government has invited the leadership of Independent Petroleum Marketers Association of Nigeria (IPMAN) for a meeting over the claim of over N900 million […]
Paris Club refund: Again, court summons Emefiele over $53m debt
A Federal High Court, Abuja, on Tuesday, ordered Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), to appear before it on July 19 over […]
N2.5bn debt: Court adjourns ABU, 110 staff members’ suit for further report of settlement
The National Industrial Court on Monday adjourned until April 24 for further report of settlement between Ahmadu Bello University (ABU), Zaria, and 110 of its […]
APC cautions banks against granting Ortom’s loan request
The All Progressives Congress (APC) has cautioned commercial banks against granting loan request by Gov. Samuel Ortom of Benue, whose tenure will end on May […]
Niger Govt. pays N433m debt owe for NECO, WAEC, others
The Niger state Ministry of Education says it has paid N433 million for the settlement of backlog debt owe to examination conducting organisations by the […]
Banks’ USSD debt has increased to N80bn – Telecom operators
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion […]
Real Warri Pikin opens up on dealing with 22 million debt, surviving a suicide attempt, and her rise to fame on #WithChude
Nigerian Comedian and Actor, Real Warri Pikin, sat with Chude Jideonwo, host of #WithChude and founder of Joy, Inc., to share her attempted suicide story […]
ARCON gives Turkish company ultimatum to pay N481m debt
The Advertising Regulatory Council of Nigeria (ARCON) has given a Turkish company, Hayat Kimya, a seven-day ultimatum to pay the N481 million debt it owes […]