Nigerian unicorn, Flutterwave, is in talks to acquire UK fintech, Railsr, which is struggling to raise funds from Venture Capitalists. Railsr, formerly called Railsbank, was founded by Nigel Verdon and Clive Mitchell
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Nigeria’s public debt could rise to N72 trillion, from the N44 trillion reported as of September 2022, the Debt Management Office (DMO) has disclosed. According to the Director-General of the debt office,
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The Federal Government is owed N5.2 trillion in debts by over 5,000 companies and individuals who have refused to meet their debt obligations. Director of Special Projects in the Federal Ministry of
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Former Vice President Atiku Abubakar on Tuesday said the President Muhammadu Buhari-led federal government has no reason to celebrate the reported Gross Domestic Product growth of 3.4 per cent in the second
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The Nigerian Electricity Regulatory Commission (NERC) has announced, electricity tariff shall rise, six-monthly as a result of the latest N600billion subsidy removal on power. The Chairman of NERC, Sanusi Garba, disclosed the
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ASSET Management Corporation of Nigeria (AMCON) has submitted a list containing top 1,000 debtors to the House of Representatives, seeking intervention of the National Assembly in its debt recovery drive.
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