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Tag "debt"

FCTA seals off works ministry, FCC over ‘waste management debt’

    FCTA seals off works ministry, FCC over ‘waste management debt’

The federal capital territory administration (FCTA) has sealed off the ministry of works and housing, Federal Character Commission (FCC), the Nigerian National Merit house Maitama and Murg plaza over waste

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Contractors tackle NDDC over ‘N2trn debt’, threaten protest

    Contractors tackle NDDC over ‘N2trn debt’, threaten protest

Some contractors have alleged that they are being owed over N2 trillion by the Niger Delta Development Commission (NDDC). The contractors, who identified themselves as members of the Niger Delta

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AMCON to publish names of 7,912 debtors as deadline expires

    AMCON to publish names of 7,912 debtors as deadline expires

The Asset Management Corporation of Nigeria (AMCON) says it will publish the names of 7,912 debtors owing a total of N4.4 trillion. Last year, the corporation had issued a 30-day

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EXTRA: Police arrest Lagos resident for ‘tying man to stake over N4.6m debt’

    EXTRA: Police arrest Lagos resident for ‘tying man to stake over N4.6m debt’

The police command in Lagos says its operatives have arrested one Oluchi Okoye for allegedly tying Reuben Alozie to a stake over unpaid debt of N4.6 million. Adekunle Ajisebutu, Lagos

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N5bn debt: AMCON takes over Abdulfatah Ahmed’s properties

  N5bn debt: AMCON takes over Abdulfatah Ahmed’s properties

The Asset Management Corporation of Nigeria (AMCON) has taken over a mansion and other properties belonging to Abdulfatah Ahmed, former

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DMO: Nigeria should only borrow for revenue-generating projects

  DMO: Nigeria should only borrow for revenue-generating projects

Patience Oniha, director-general of the Debt Management Office (DMO), has advised that the federal government borrow funds only for revenue-generating

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Zainab Ahmed: FG has recovered N49bn debt from contractors through Project Lighthouse

  Zainab Ahmed: FG has recovered N49bn debt from contractors through Project Lighthouse

Zainab Ahmed, minister of finance, budget and national planning, says the federal government has recovered N49.7 billion debt owed to

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Akpabio: International oil companies owing NDDC over $4bn

  Akpabio: International oil companies owing NDDC over $4bn

The federal government says international oil companies (IOCs) operating in Nigeria are owing the Niger Delta Development Commission (NDDC) more

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‘It’s false’ — Bi-Courtney denies owing FAAN N14bn

  ‘It’s false’ — Bi-Courtney denies owing FAAN N14bn

Bi-Courtney Aviation Services Limited (BASL), operator of Murtala Muhammed Airport, Lagos Terminal Two (MMA2), says it does not owe the

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FIRS directs banks to deduct N1.8trn from accounts of Multichoice over ‘tax evasion’

  FIRS directs banks to deduct N1.8trn from accounts of Multichoice over ‘tax evasion’

The Federal Inland Revenue Service (FIRS) has appointed some commercial banks as agents to recover N1.8 trillion from accounts of

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