Nigeria’s debt to World Bank rises by $660m to $13.04bn
Nigeria’s total debt owed to the World Bank Group by rose by $660m in the first six months of 2022, to $13.04bn as of June 30,…
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Debt
Nigeria’s public debt profile climbs to N39.556tr
Nigeria’s total debt stock as at December 2021 stood at N39.556 trillion.
IBEDC cries out over sealing of offices, accuses Makinde’s government of…
The Oyo State Government has been accused of being indebted to the Ibadan Electricity Distribution Company (IBEDC) Plc to the tune…
Loans: We are not trapping Africa in debt – Chinese Government
China’s Foreign Minister Wang Yi on Thursday rejected suggestions that Beijing was luring African countries into debt traps by…
Photo: Man ties his debtor to a tree for refusing to pay N4.6m debt
Operatives of the Lagos State Police Command have arrested a man, Oluchi Okoye for tying his debtor over ₦4.6m debt.
Obasanjo, Jonathan, Yar’Adua responsible for Nigeria’s huge…
Senator Solomon Olamilekan Adeola, chairman of the Senate Committee on Finance on Wednesday blamed former Nigerian leaders…
FG cries out over N37bn debt owed by airlines
The Federal Government has raised concerns over a 37 billion naira debt owed by airlines.
The Minister of Aviation, Hadi Sirika…
Nigeria’s debt rises by 8.4% in three months to N31trn
Data from the Debt Management Office (DMO) on Wednesday, September 9, 2020, showed that the debt incurred by Nigeria rose to N31.0…
Popular Niger based hotel loses assets to AMCON over N600m debt
The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Hydro Hotels Limited, Minna Niger State over N600…
Two companies lose assets to AMCON over N800m debt
The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of two companies: Safequip Nigeria Limited and R.C.…