By Chioma Obinagwam The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye on Wednesday in Abuja disclosed plans by the...
In attempt to allay the fear that servicing the country’s debt with N293bn which is about 70% of the total national income, Accountant General of the...
The indebtedness of power distribution companies to the Transmission Company of Nigeria has risen to N231bn as of March 2019. The electricity generated by power generation...
The African Development Bank (AfDB) says it is in talks with the federal government to agree on a way to write off legacy debts owed...
The African Development Bank has revealed debt servicing gulps more than 50 per cent of Nigeria’s revenue. The bank said this in its West Africa Economic...
Sahara Energy Resource Limited and United Bank of Africa Plc have continued to trade words regarding a lawsuit instituted by UBA against the energy company...
The Asset Management Corporation of Nigeria (AMCON) has called on organisations and establishments including the security agencies, which includes the army, to support AMCON in its...
The minister of budget and national planning, Udoma Udoma, has assured that despite the challenges to revenue generation, Nigeria’s rising debt stock is sustainable. The...
Main opposition party in Nigeria, the Peoples’ Democratic Party says the President Muhammadu Buhari-led administration has taken on a “culture of unexplained borrowing” without anything...
In an amended statement of claim filed before a Federal High Court in Lagos, Southwest Nigeria, by Stanbic IBTC Bank Plc, the bank alleged that...
