Kingsley Fanwo, spokesman to Yayaha Bello, Kogi governor, will not plunge the state into debt. Fanwo said this in reaction to report on how Bello secured loans amounting to over
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The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil and Gas Limited and other assets belonging Stella Oduah, senator representing Anambra north, over her inability to
Patience Oniha, director-general, Debt Management Office (DMO), says the federal government has injected N400bn into the economy to service its debt and improve liquidity. Oniha, who spoke in Lagos, said
Sixteen firms have launched a bid to acquire 9mobile, Nigeria’s fourth largest network operator, according to ThisDay. In July, Etisalat Group disclosed on the Abu Dhabi Stock Exchange that it had
BudgIT Nigeria, a civic tech organisation, has expressed worries over the increasing rate of debt profile of states. Speaking at
National debt is an emotive issue as well as an economic one. The thought of saddling future generations with unserviceable
The federal executive council (FEC) has approved the payment of N25.99 billion debt owed by ministries, departments, and agencies (MDAs)
Kemi Adeosun, the minister of finance, says Nigeria’s debt is not too high, but her revenue is just too low.
Nigeria’s debt profile has risen by approximately N5.4 trillion since President Muhammadu Buhari took office in May, 2015, TheCable can
Rauf Aregbesola, governor of Osun state, says the state’s debt burden is merely exaggerated, and cannot be compared to what
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