Debt

Global debt: What countries must do to put fiscal house in order —World Economic Outlook

AMID heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new spending pressures. Major…

5 days ago

Seplat Energy raises $567m from debt notes

SEPLAT Energy Plc has announced successful completion of its tender offer for a total sum $567,462,000 or 87.3 percent from…

1 month ago

$5.5m debt: Reps issue two-week ultimatum to three oil companies

Chairman of the investigation sub-committee, Hon. Isaq Akinlade, expressed anger over the failure of oil companies to meet their financial…

2 months ago

Workers petition African govts over continent’s debt crisis, call for reforms

A coalition of African trade unions, civil society organizations, women’s rights groups, and children’s advocates has issued a strong call…

2 months ago

2021 audit queries: Reps move to recover N9.4trn debt owed FG by 48 oil firms

The House of Representatives has concluded plans to commence investigation into the N9.4 trillion debts allegedly owed the Federal Government…

2 months ago

How Nigeria achieved significant debt reduction under Tinubu — Kalu

According to him, the significant reduction has created fiscal space for investments in critical sectors such as health, education, and…

2 months ago

FG engages World Bank on strategic partnerships

In a bid to bolster its economic resilience and reduce reliance on external debt, the Federal Government is intensifying efforts…

3 months ago

Tinubu inherited N87.38trn debt —DMO

THE Debt Management Office (DMO) has stated that the actual total public debt as of June 30, 2023 after President…

3 months ago

CBN, NCC, DMBs reach agreement on N200bn Telco fees debt

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have raised concerns over the long-standing dispute between…

3 months ago

Debt recovery: The death of citizen Jimoh Abduquadri in Kwara police HQ

CITIZEN Jimoh Abduquadri, who was arrested and detained by the police on December 19 over a debt of N220,000 he…

4 months ago

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