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Debt
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FG seeks additional $1.5bn World Bank loan
. Insists Nigeria’s debt is sustainable The Federal Government said it has approached the World Bank to secure…
IMF to mediate between debtor countries and creditors
The International Monetary Fund (IMF) says it is playing an active role in mediating on the debt debacle…
Nigeria can’t survive on debt after 63 years of independence – Deputy Speaker
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has expressed concern about Nigeria’s reliance on debt…
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…
Stakeholders express concern over poor loan recovery in CBN’s Anchor Borrowers Programme
Some stakeholders have decried the low recovery of loans granted to some farmers under the Anchor Borrowers Programme…
Institute pledges support for FG’s loan recovery from farmers
The Institute for Agricultural Research (IAR), Ahmadu Bello University (ABU), Zaria, on Wednesday pledged to support the Federal…
Debt: Access Bank obtains court order against Seplat, Orjiako
Access Bank Plc has secured an interim order to freeze the accounts and assets, including shares of the…
FG reveals 7,000 debtors owe 11 MDAs N5.2trn, recover N58bn
The Federal Ministry of Finance, Budget and National Planning has urged all ministries, departments and agencies (MDAs) to…
AfDB approves $115m loan to Abia for road, erosion projects
The Board of Directors, African Development Bank (AfDB), has approved a loan of $115 million to support a…
Nigeria’s total public debt hits N49trn
Nigeria’s total public debt stock as at March rose to N49.95 trillion ($108.30 billion), the Debt Management Office (DMO), has…