debt

DMO Blames FG’s Numerous Promissory Notes For Nigeria’s Rising Debt

The Director-General of the Debt Management Office (DMO), Patience Oniha, has blamed budget deficits and numerous promissory notes as reasons… Read More

1 year ago

Ortom, FG Seal Agreement To Clear Benue State’s N84 billion Debts

Benue State Government has agreed to a swap deal with the Federal Government to reduce the state’s debt, the state’s… Read More

1 year ago

Flutterwave To Take On $20 million Debt, As It Moves To Buy Struggling UK Firm, Railsr

Nigerian unicorn, Flutterwave, is in talks to acquire UK fintech, Railsr, which is struggling to raise funds from Venture Capitalists.… Read More

1 year ago

Breakdown Of How Nigeria’s Debt Will Rise Over N70 trillion In June

Nigeria’s public debt could rise to N72 trillion, from the N44 trillion reported as of September 2022, the Debt Management… Read More

1 year ago

5,000 Entities Owe Buhari Govt N5.2 trillion

The Federal Government is owed N5.2 trillion in debts by over 5,000 companies and individuals who have refused to meet… Read More

1 year ago

Bake Bigger Cake, Not Bigger Debt, Atiku Tells Buhari Govt

Former Vice President Atiku Abubakar on Tuesday said the President Muhammadu Buhari-led federal government has no reason to celebrate the… Read More

2 years ago

“Nigeria’s Debt Stock Rose To N39.56trn In 2021”

The Nigerian Electricity Regulatory Commission (NERC) has announced, electricity tariff shall rise, six-monthly as a result of the latest N600billion… Read More

2 years ago

AMCON Reports 1000 ‘Serial’ Debtors To Nigerian Lawmakers

ASSET Management Corporation of Nigeria (AMCON) has submitted a list containing top 1,000 debtors to the House of Representatives, seeking… Read More

2 years ago

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