Tag: Debt
Nigeria’s Public debt hits N49 trillion
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a...
CBN commends WAIFEM over debt management support to states
The Central Bank of Nigeria (CBN) has commended the West African Institute for Financial and Economic Management (WAIFEM) for its debt management support to...
Pay N1.2bn debt for February, AEDC begs consumers
The Abuja Electricity Distribution Company (AEDC) has appealed to consumers to settle their over N1.27 billion debt for February if they must continue to...
Nigeria’s rising debt: The way forward
Analysis by Chinyere Joel-Nwokeoma
Most governments, multilateral organisations and the private sector across the world usually resort to borrowing to bridge revenue shortfalls and infrastructure...
Huge servicing cost worse than Nigeria’s debt size – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has said that the problem with Nigeria’s debt is not the size but the cost of...
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Again, Court Orders Final Forfeiture Of $1.4m Linked To Emefiele
The Federal High Court, sitting in Lagos has ordered...
NIMASA to replace foreign seafarers with indigenous crew
Nigerian Maritime Administration and Safety Agency (NIMASA) says it...
Emefiele seeks release of passport as court adjourns fraud trial to Oct. 22
A Federal Capital Territory (FCT) High Court in Abuja...
Family announces death of Oyo Judge, Justice Adegboye Gbolagunte
The family of Justice Adegboye Gbolagunte jas announce death...