Nigeria, 7 Other African Countries In ‘Debt Distress – World Bank
The World Bank says eight countries in sub-Saharan Africa are in debt distress, and 14 are at high risk of ...
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Tag: debt
China Not Taking Over Nigeria’s Critical Assets As Debt Repayment – Envoy
By Lizzy Okoji Abuja - Mr Cui Jianchun, Ambassador of the People’s Republic of China to Nigeria says his country ...
NCAA Threatens To Suspend Airlines Over N19bln Debt
Lagos - The Nigerian Civil Aviation Authority has read out a riot act to local airline operators in the country ...
With $13 billion debt, Nigeria Now World Fourth Most Indebted Country
The World Bank Fiscal Year 2021 audited financial statements, known as the IDA financial statement, showed that Nigeria was rated ...
FG overwhelmed as debt servicing exceeds revenue by N310 billion in four months
Abuja - The cost of servicing debt exceeded the Federal Government’s retained revenue by N310 billion in the first four ...
I inherited N400 billion debt, N300 million cash from Obiano – Soludo
Anambra - Newly sworn-in Governor of Anambra State, Prof Charles Soludo has said his predecessor, Willie Obiano left N300million cash ...
Nigeria raises $1.25billion Eurobond to finance capital projects
Abuja - The Federal Government said it has raised a $1.25 billion Eurobond in the International Capital Market. The proceeds ...
AMCON to expose 7,912 debtors owing N4. 4 trillion
Abuja - The Asset Management Corporation of Nigeria (AMCON) says it is ready to reveal the names of 7,912 bad ...
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