Loans: We are not trapping Africa in debt – Chinese Government Oluwadamilare Emmanuel Jan 6, 2022 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 Oluwadamilare Emmanuel Sep 25, 2021 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… Olusegun Kugbayi Sep 23, 2021 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 Oluwadamilare Emmanuel Jul 8, 2021 The Federal Government has raised concerns over a 37 billion naira debt owed by airlines. The Minister of Aviation, Hadi Sirika…
Business Nigeria’s debt rises by 8.4% in three months to N31trn Oluwadamilare Emmanuel Sep 10, 2020 Data from the Debt Management Office (DMO) on Wednesday, September 9, 2020, showed that the debt incurred by Nigeria rose to N31.0…
Business Popular Niger based hotel loses assets to AMCON over N600m debt Oluwadamilare Emmanuel Sep 7, 2020 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 Oluwadamilare Emmanuel Aug 11, 2020 The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of two companies: Safequip Nigeria Limited and R.C.…
Medview Airline puts up two aircraft for sale to offset debt Oluwadamilare Emmanuel Jul 25, 2020 The board of Medview Airline Plc has resolved to offload two of its aircraft so as to pay part of its debts. This decision was…
AMCON likely to transfer N5tr debt to taxpayers if… Oluwadamilare Emmanuel Jul 20, 2020 Payment for the over N5 trillion debt, owed the Asset Management Corporation of Nigeria (AMCON), will be transferred to taxpayers…
JUST IN: FG pardons radio, TV stations on N7.8bn debt Oluwadamilare Emmanuel Jul 6, 2020 As part of palliative measures against coronavirus, the Federal Government has offered 60 per cent debt forgiveness to defaulting…