The United Bank for Africa (UBA) Plc has taken over the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt and Kano following...
The President of the Senate, Sen. Godswill Akpabio has highlighted the importance of boosting revenue generation as a means of checking Nigeria’s current trend...
Amid a headwind of challenges ranging from multiple taxation, forex scarcity, and low patronage of locally produced goods, the debt owed by manufacturers to banks in...
Financial experts have warned that the President Bola Tinubu administration is facing a debt crisis as Nigeria gradually slips into insolvency over the huge debt burden...
Nigeria, Africa’s most populous nation and the largest economy on the continent, is facing an alarming issue that threatens its financial stability and future prospects. The...
The Nigerian Bureau of Statistics has confirmed that Nigeria’s public debt grew at a rate of 75.27% on a quarter-on-quarter basis. The NBS disclosed...
The world’s collective debt has skyrocketed to $235 trillion, with the United States and China contributing a substantial 50% portion at $117.5 trillion cumulative. This data...
The Niger state Ministry of Education says it has paid N433 million for the settlement of backlog debt owe to examination conducting organisations by the state....
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion...
The Association of Nigerian Liscenced Customs Agents (ANLCA) on Friday said that the Nigeria Customs Service (NCS) had deactivated Five Star Logistics Ltd terminal from its...