Innoson Nigeria Limited, Nigeria’s indigenous vehicle production company, has instituted a move to take over Guaranteed Trust Bank, GTB, following a ruling by the Supreme Court...
Not too long ago, news broke in Spain that football superstar and Brazil legend Ronaldinho was in debt to the tune of £1.75 million. For someone with...
The Asset Management Company of Nigeria (AMCON) has taken its debt recovery drive to another level. National Daily gathered that as the tenure of the bank...
The federal government is planning to borrow $2.8 billion to fund the deficit of the recently passed 2018 budget. Director General, Debt Management Office (DMO),...
A total of N643.6 billion was spent on servicing Nigeria’s domestic debt as the country’s total debt rose by 4.5 per cent to N22.7 trillion in...
By Odunewu Segun While Union Bank has never been known to be distressed at any given time, its books in recent years have left much...
By Michael Heise The only sustainable debt burden is one that can be managed even during cyclical downturns. Yet governments continue to repeat the same mistakes,...
The International Monetary Fund on Monday expressed concern over Nigeria’s capacity to repay its debts and stressed the need for the Federal Government to mobilise more revenues domestically....
The Asset Management Company of Nigeria (AMCON) recently obtained an interim forfeiture order from a Federal High Court sitting in Lagos with respect to the assets...
The Asset Management Corporation of Nigeria (AMCON) has taken over no fewer than 14 companies in the business empire of former aviation minister and Sen. Stella...
