The National Bureau of Statistics has said that the country’s foreign and domestic debts stood at $11.41bn (N3.49tn) and N14.02tn as of December 2016. The bureau...
By Odunewu Segun Following the seeming collapse of talks between Etisalat Nigeria and a consortium of banks -Guaranty Trust Bank Plc (GTBank), Access Bank Plc and...
By Adedeji Fakorede Lagos State had a local debt stock of N311.7 billion as at Dec. 31, 2016, according to the Debt Management Office. The state,...
Nigeria has got a total of $13.63 billion in loans and grants from the World Bank from $21.44 billion that had been approved by the bank’s...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed that the federal government is set to disburse the first tranche of the $5.1...
By Odunewu Segun Nigerians may be in for another round of blackouts as the management of Egbin Power Plant has threatened to shut down operations due...
By ANDREW OJIEZEL The Asset Management Corporation of Nigeria (AMCON) has explained how it recovered over N681.5 billion from chronic debtors in the last six years....
By OKOSUN DENNIS Two days after the corpse of Dr Allwell Orji was recovered from the Lagos Lagoon, the Lagos State Commissioner of Police, Fatai Owoseni...
Abu Dhabi telecoms group the owner of Etisalat may sell its stake in Etisalat Nigeria which has defaulted on a $1.2bn loan, but wants the company’s...
The director general of National Information Technology Development Agency (NITDA) headed by Dr. Pantami has exposed what it described as serial withdrawal of over N1bn from the development...
