Browsing Category
Debt
99 posts
Nigeria withholds repatriation of $450m foreign airlines revenue, claims IATA
Nigeria is withholding $450 million in revenue international carriers operating in the country have earned, an executive at…
Delta Assembly approves Okowa’s request of N25bn facility
The Delta State House of Assembly on Tuesday approved a request by Governor Ifeanyi Okowa to take a…
Nigeria’s public debt in Q1 2022 rises to N41.60tn, says DMO
The Debt Management Office (DMO) yesterday put Nigeria’s total public debt stock as at the end of the…
African speakers seek debt cancellation, not relief, review, says Gbajabiamila
Speaker of the House of Representatives, Femi Gbajabiamila, has said the Conference of Speakers and Heads of African…
AMCON takes over Aeroland Travels assets over N1.8bn debt
Sequel to the order of Justice D.E. Osiagor of the Federal High Court, Lagos Division, the Asset Management…
Appeal Court orders stay of contempt proceedings against AMCON
The Court of Appeal sitting in Abuja has ruled that all proceedings including the contempt proceedings initiated by…
FCTA seals ministries, agencies over N10bn debt
The Federal Capital Territory Administration (FCTA), has sealed a number of ministries, departments and agencies (MDAs), including Works,…
Government debt poses financial stability risks, warns IMF
Clara Nwachukwu The International Monetary Fund (IMF), says the pandemic has left emerging-market banks holding record levels of…
FG recovers N53.5bn of N5.2trn MDAs’ debts, says Ahmed
The Federal Government says it has recovered N53.5 billion out of the N5.2 trillion owed by its Ministries,…