debt

N69bn Debt: Appeal Court Dismisses Jimoh Ibrahim’s Suit to Recover Asset

The Court of Appeal, Lagos Division, yesterday dismissed two appeals filed by the Chairman of Global Fleet Group, Jimoh Ibrahim,…

3 years ago

NCAA to demolish Globacom masts nationwide over ₦5.9bn debt

The Nigerian Civil Aviation Authority has concluded plans to start dismantling some telecommunication masts belonging to Globacom Ltd, a Global…

3 years ago

AfDB disagrees with Buhari, finance minister on Nigeria’s debt challenge

Says Africa should be producing and not begging for vaccines African Development Bank has affirmed that Nigeria has a debt…

3 years ago

UN: Buhari seeks debt cancellation for developing countries

President Muhammadu Buhari has asked world leaders to consider debt cancellation for developing countries. THe made the appeal in his…

3 years ago

Nigeria’s debt hits N35.5tn, says DMO

Nigeria’s total debt rose to N35.5 trillion at the end of June 2021, the Debt Management Office has said. The…

3 years ago

Rewane foresees structural reforms, drop in unemployment this year

Chief Executive Officer, Financial Derivatives Company (FDC), Mr Bismarck Rewane, says Nigeria is likely to implement structural reforms this year…

4 years ago

AMCON takes over Jimoh Ibrahim’s assets over N69.4bn debt

The Asset Management Corporation of Nigeria has taken over some prime assets of the Chairman of Global Fleet Group, Jimoh…

4 years ago

Nigeria debts will rise to N38.68tn in 2021 -Minister

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the total public debts of Nigeria would hit N38tn…

4 years ago

Nigeria shuns IMF’s debt relief ‎package

The Federal Government has said Nigeria will not take up the debt relief package being offered to low-income countries by…

4 years ago

Nigeria’s debt of N31tn unsustainable, says LCCI

Backs increase in electricity tariff, fuel price Seeks more mass transit buses, rail system Urges reopening of borders The Lagos…

4 years ago