debt

Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn)…
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The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have…
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On Friday, the Asset Management Corporation of Nigeria (AMCON) said that it had not foreclosed on liquidating Arik Air due to the company's N227.64 billion debt. Under Sir Johnson…
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Former president Olusegun Obasanjo has said corruption and recklessness are responsible for some debts incurred by African countries.…
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The Federal Ministry of Works has budgeted N5 billion to pay judgement debts arising from road projects. The ministry also budgeted N5 billion for payment of legal fees in the…
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 The Nigerian National Petroleum Company Limited may continue servicing its crude-for-loan obligations till 2029 as the demand for oil…
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The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have mandated banks to clear a cumulative N250 billion debt owed to telecom operators for…
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President Bola Tinubu has defended borrowing as a strategic necessity for economic growth and national development, saying that it is not a criminal act but a vital tool for…
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The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed Deposit Money Banks (DMBs) and Mobile Network Operators (MNOs) to settle the…
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The Chairman of the Edo State Assets Verification Committee, Dr. Ernest Afolabi-Umakhihe, alleged on Thursday that the immediate past…
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