Tag: debt

N2.5bn judgment debt: Court upholds ABU’s stay of garnishee proceeding application

The National Industrial Court, Abuja, has upheld Ahmadu Bello University (ABU) Zaria,

Buhari’s Ex-Minister Now UN Deputy Scribe Laments Nigeria’s Rising Debt Profile

United Nations Deputy Secretary General, Amina Mohammed has decried the rising level

More loans worsening Nigeria’s debt to revenue ratio – Don

A don, Dr Dominic Agba, has warned the three tiers of government

Kano Govt Raises Alarm Over N350bn Debt Kwankwaso Left Behind

The Kano State Government has disclosed that immediate-past governor, Sen. Rabi'u Musa

You’re Overloading Poor Countries With Debt – U.S to China

The United States has accused China of overloading poor countries with debt.

Group faults move by Ebonyi Govt to borrow $150m

A group, Ebonyi Advocacy For Transparency Initiative (EATI), has faulted fresh moves

Alleged N5.5bn bank debt: Otudeko obeys court’s summons, testifies as witness

The Group Managing Director of Honeywell Plc, Oba Otudeko, on Thursday mounted

Zambia to start refinancing Eurobonds in 2019 to ease debt

Zambia will begin refinancing Eurobonds worth 2.8 billion dollars in 2019 to

Katsina State Govt. owes N29bn – official

The Katsina State Government says it is indebted to the Central Bank

$1.8bn oil debt: Court to hear FG’s suit against Omokore, Aluko Nov. 23

A Federal High Court in Lagos will resume hearing of Federal Government’s

I inherited N40m debt – LG Chairman

The Chairman of Birninkudu Local Government of Jigawa, Alhaji Sani Abdu, said

Nigerian man shot dead in South Africa over N6,000 debt

A Nigerian man identified as Jarule, has allegedly been shot dead by

Mimiko left over N220bn debt – Akeredolu

Gov. Oluwarotimi Akeredolu of Ondo State says his administration inherited a debt

U.S. slaps new financial sanctions on Venezuela

U.S. President Donald Trump signed an executive order on Friday imposing new

FGN savings bonds: DMO DG says about 7,000 investors subscribed in five months

Ms Patience Oniha, Director-General, Debt Management Office (DMO), says about 7,000 investors

Electricity: Kwara LG Secretariat disconnected for 4 years over N4.8m debt

The Irepodun Local Government Secretariat in Kwara has been without electricity for

Americans’ debt level reaches a new record high

Americans’ debt level notched another record-high in the second-quarter on the back

EFCC Recovers N328.9billion From Forte Oil, Oando, Others

The nation's anti-graft agency, the Economic and Financial Crimes Commission, EFCC, has

Woman Undergoes Plastic Surgery To Avoid Repaying $3.7million Debt

A woman aged 59 has been accused of transforming her appearance to

N3bn debt: AMCON takes possession of Gateway Portland Cement

The Asset Management Corporation of Nigeria (AMCON) has taken possession of Gateway

FEC approves IOUs to clear N740.75bn local debts – Adeosun

The Federal Executive Council on Wednesday approved the issuance of promissory notes

Obanikoro’s suit over daughter’s accident: NBC wants N96.8m judgment-debt order quashed

The Nigerian Bottling Company (NBC) on Wednesday urged an Ikeja High Court

Expert dispels fear over Nigeria’s N19trn debt profile

Prof. Uche Uwaleke, says there was no need to be apprehensive over

Merkel accuses state govt of running up debt before vote

German Chancellor Angela Merkel says the coalition government run by her competitors

Stella Oduah’s alleged $16.4m, N100m indebtedness: Court to hear application May 30

Federal High Court in Lagos on Tuesday fixed May 30 to hear

Lagos State domestic debt stood at N311.7bn in 2016 – DMO

Lagos State had a local debt stock of N311.7 billion as at

FG inaugurates BOA board, wants recovery of debt within 90 days

The Federal Government has inaugurated an Interim Management Board for the Bank

Ecobank’s N40 billion Loss Attributed To Buharinomics – Analysts

Analysts are attributing Ecobank's poor 2016 financial result to policies of the

Arik Air owes N387bn To Banks, Others – AMCON

The Asset Management Corporation of Nigeria (AMCON) on Wednesday put the total

Etisalat Nigeria Owes Stanbic IBTC USD24 Million

Stanbic IBTC Bank, a Standard Bank unit in Nigeria has disclosed that