Stallion Nigeria Limited has denied owing United Bank for Africa (UBA) N156 billion as claimed by the bank. The company, in a statement on Monday, described UBA’s claim as “entirely
Tag "debt"
The International Monetary Fund (IMF) has made some recommendations on policy actions African leaders must take to avoid a debt crisis, as they attain high-risk status. In a report on
Anambra state government said the N900 million owed to some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) was due to discrepancies in bills they submitted. The oil
Caleb Mutfwang, governor of Plateau, says his administration inherited a debt burden of N307 billion from the government of Simon Lalong, his predecessor. Muftwang spoke on Monday after receiving the
The Debt Management Office (DMO) says Nigeria’s total public debt — federal and state governments — hit N49.85 trillion at
Abba Yusuf, governor of Kano, says Abdullahi Ganduje’s administration left behind over N241 billion in debt in the state. Yusuf
The Asset Management Corporation of Nigeria (AMCON) says it has taken possession of assets belonging to Glano Nigeria Limited over
The International Monetary Fund (IMF) has urged central banks to refrain from monetising excessive government debt. Debt monetisation is when
The Debt Management Office (DMO) has explained that public debt would only hit the projected N77 trillion if the ways
Peter Obi, the presidential candidate of the Labour Party (LP), says loans taken by Nigeria should be for the purpose
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