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Debt
99 posts
Buhari seeks Senate approval to pay $556m, £98m, N226bn judgement debts
Five days to his exit, President Muhammadu Buhari, again sought the Senate’s approval to pay judgement debts totalling…
How NNPC paid off $3.8bn JV cash call debt to IOCs
The Nigerian National Petroleum Company (NNPC) Ltd., yesterday, said it leveraged its financial autonomy derived from the Petroleum…
$800m: HEDA accuses World Bank of setting loan trap for Nigeria
The Human and Environmental Development Agenda (HEDA Resource Centre) has criticised the World Bank country office in Nigeria…
IMF approves $68m facility to support Benin Republic
The International Monetary Fund (IMF), yesterday, approved the release of about $68 million to the Republic of Benin,…
Budget deficits, low revenue responsible for rising debt – DMO
The Debt Management Office (DMO) says decades of operating budget deficits by successive governments, is responsible for Nigeria’s…
PENGASSAN worried over Nigeria’s N77trn debt
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Thursday, in Abuja expressed concerns over…
Buhari seeks Senate’s approval for $800m World Bank loan
.As Budget Office warns debt level becoming unsustainable Eighteen days to the end of his tenure, President Muhammadu…
Reps approve Buhari’s N23.72trn ways and means loan
The House of Representatives yesterday approved the request by President Muhammadu Buhari to convert about N23.72 trillion “ways…
AMCON appeals to stakeholders on debt recovery
The Asset Management Corporation of Nigeria (AMCON), has reminded stakeholders to view the AMCON recovery mandate as one…
IMF, World Bank list ways to address debt sustainability, restructuring
By Clara Nwachuwu, Washington DC The Global Sovereign Debt Roundtable (GSDR), yesterday identified ways to address debt sustainability…