Shareholders of Nigerian Breweries Plc have approved a N600 billion capital raise through a rights issue to reduce its debt burden. The decision was taken at the 78th annual general
Tag "debt"
The federal government says it has so far recovered N57 billion from the N5.2 trillion owed by ministries, departments and agencies (MDAs). Aisha Omar, director, special projects, federal ministry of
China has written off an undisclosed amount of Zimbabwe’s interest-free loans as it pledges to help the country find a way out of its ongoing debt crisis. According to a
The United Nations Economic Commission for Africa (UNECA) says the continent needs $3 trillion annually until 2030 to achieve the sustainable development goals (SDGs). Claver Gatete, executive secretary of UNECA,
Dikko Radda, governor of Katsina, says the state government has not obtained any loan since the beginning of his administration.
Nigerian Breweries (NB) Plc says it will raise N600 billion through rights issue to reduce its debt burden. This was
Peter Obi, former governor of Anambra state, says N10 trillion is spent by the federal government on ‘unproductive’ debts. Obi,
The Debt Management Office (DMO) says Nigeria’s total public debt rose to N97.34 trillion in the fourth quarter (Q4) of
The shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan of N7.03 billion ($7.71 million)
Ghana has won a moratorium with official creditors on debt payments through May 2026, and intends to negotiate a deal
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