The Paris Club has agreed to cancel over $2 billion debt Somalia owed its members, to help the country restore its debt sustainability. Debt sustainability is when a country, without
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Abubakar Malami, attorney-general of the federation (AGF), says the federal government has not incurred any “high-profile” judgment debt since President Muhammadu Buhari came into power. Speaking on Thursday during the
Paris Club, an informal group of officials from 22 creditor countries, says it is confident that China will join debt relief efforts being undertaken by bilateral and multilateral credit institutions.
The Kogi state government obtained loans of at least N16 billion between May 2017 and January 2018, TheCable can report. This is despite over N20 billion which accrued to the
The federal government has released a state-by-state breakdown of another tranche of Paris Club refund. The money was released alongside
While most states in the country have utilised the second tranche of the Paris Club refund they received, Anambra and Borno
The federal government has released a state-by-state breakdown of the second tranche of Paris Club refund. A statement from the
The federal government has finally revealed how much of the Paris Club refund was received by each state, with Katsina
President Muhammadu Buhari has directed Kemi Adeosun, minister of finance, and Godwin Emefiele, governor of the Central Bank of Nigeria
Akinwunmi Ambode, governor of Lagos state, has insisted on replacing yellow commercial buses known as “Danfo” with 5,000 air-conditioned vehicles.
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