Debt

NEITI Reveals Oil Companies $6.17bn Debt To FG

NEITI has revealed oil companies $6.17bn debt to FG.   Glamtush reports that oil companies’ indebtedness to the Federal Government…

1 month ago

Nigeria Becomes World Bank’s IDA Third-Largest Debtor, Owes $16.5bn

Nigeria has become the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, surpassing its…

2 months ago

NAMA Grounds Arik Aircraft Over $2.5m Debt

NAMA has grounded Arik aircraft over a $2.5m debt.   Glamtush reports that the Nigerian Airspace Management Agency (NAMA) has…

3 months ago

Holiday Shopping Season To Change As Shoppers Face Increased Debt

New Salesforce research shows that 37% of indebted consumers are using their credit cards more today than they were a…

4 months ago

Court Orders Kanu To Pay N30,000 Fine For Stalling Proceedings Of N924m Debt

Court has ordered Kanu to pay N30,000 fine for stalling proceedings of N924m debt. Glamtush reports that Justice Chukwujekwu Aneke of…

3 years ago

Finally, Ex-Minister Ademola Seriki, Settles AMCON Debt

Finally, Ex-Minister Ademola Seriki, Settles AMCON Debt         Ademola Seriki, former Minister of State for Defence and…

4 years ago

AMCON Takes Over Jimoh Ibrahim’s Assets, Freezes Account Over N69 Billion Debts

AMCON Takes Over Jimoh Ibrahim’s Assets, Freezes Account Over N69 Billion Debts       The Asset Management Corporation of…

4 years ago

Nigeria’s Debt Rises To N31trn Within 3 Months – DMO

Nigeria’s Debt Rises To N31trn Within 3 Months – DMO     The Debt Management Office (DMO) on Wednesday released…

4 years ago

AMCON Can Recover Outstanding N5trillion With Amended Act – Experts

AMCON Can Recover Outstanding N5trillion With Amended Act – Experts     Managing Director/Chief Executive Officer, Asset Management Corporation of…

4 years ago

Court Fines Leadership Newspapers To Pay 31% Interest On Debt Owed Former Employee

Court Fines Leadership Newspapers To Pay 31% Interest On Debt Owed Former Employee     National Industrial Court of Nigeria,…

4 years ago