CONTRACTORS responsible for providing food to inmates across correctional centres in the country have raised alarm over what they describe…
Browsing: Debt
NO fewer than 20 Nigerian states borrowed a combined N457.66bn in the first half of 2025, even as their monthly…
THE Presidency has dismissed recent remarks by Senator Dino Melaye on Nigeria’s debt profile as “noise without knowledge,” accusing him…
THE House of Representatives Committee on Public Accounts has summoned 11 electricity Distribution Companies (Discos) over an outstanding ₦2.6 trillion…
TWELVE states, including Lagos, Kaduna, and Benue, spent over N117 billion servicing debts in the first quarter of 2025 despite…
THE Asset Management Corporation of Nigeria (AMCON) says the agency is ready to work in line with its mandate by…
DR Abdullahi Ganduje, the National Chairman of the All Progressives Congress, APC, on Wednesday said he inherited N8.98 billion debt…
THE total debt of Nigerian states has risen to N11.47tn as of June 30, 2024 despite higher allocations from the…
DEBT servicing costs incurred by 29 state governments consumed 80.7 per cent of their Internally Generated Revenue during the first…
The Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Mojisola Adeyeye has claimed…
THE Federal Government has borrowed a total of $4.95bn in loans from the World Bank in the past 12 months,…
GOVERNOR Uba Sani of Kaduna State has said that he inherited a huge debt burden of $587m, N85bn and 115…
THE Debt Management Office (DMO) said Nigeria’s total public debt as at September 30, 2023 was N87.91trn or $114.35bn. The…
A HIGH Court of the Federal Capital Territory, Abuja has issued an order freezing the accounts of the Oyo State…
THE Court of Appeal Abuja has affirmed the April 27 decision of the Federal Capital Territory High Court, ordering the…
SERVICE providers MTN Nigeria have reacted after a ‘system glitch’ in the early hours of Saturday caused a cancellation in…
THE Assets Management Corporation of Nigeria (AMCON) has advised the Chairman of Arik Air, Johnson Arumemi-Ikide, to present a reasonable…
NIGERIA spent N2.34 trillion on debt service within six months, according to a new report by the Debt Management Office…
PRESIDENT Bola Tinubu has said the country could not continue to service its debt with 90 percent of its revenue.…
THE Senate has approved the restructuring of the controversial N22.719 trillion naira ways and means advances, ostensibly to ensure that…