Tag: debt
N3.5bn debt: Court freezes Oyo govt’s accounts in 10 banks
The accounts of the Oyo State Government in 10 commercial banks in the country have been frozen.
The banks in which the state government’s accounts...
Works Minister: We inherited N1.5trn debt from Buhari’s govt
The Minister of Works, David Umahi, says N1.5 trillion debt arising from unpaid certificates was inherited from the administration of the immediate past president,...
Stallion clarifies issues with UBA
Stallion Group has clarified matters between it and one of its bankers, UBA arising from issues that arose over the normal course of banking...
Nigeria’s public debt stock rises to N87.38trn in Q2 2023
Nigeria’s public debt stock has increased to N87.38 trillion ($113.42 billion dollars) in the second quarter of 2023.
The public debt stock increased to N87.38...
Anambra govt summons petrol marketers over N900m debt claims
Anambra State Government has invited the leadership of Independent Petroleum Marketers Association of Nigeria (IPMAN) for a meeting over the claim of over N900...
FG repays $500m Eurobond debt
The Federal Government has redeemed a $500 million 10-year tenor Eurobond with a due date of July 12, 2023.
A statement issued by the Debt...
Mutfwang: Lalong left N307bn debt in Plateau
Plateau State Governor, Caleb Mutfwang, says his administration inherited a debt burden of N307 billion from the immediate past administration in the state.
Mutfwang disclosed...
DMO: Nigeria’s debt rises to N49.8trn
Nigeria’s total public debt has risen to $108.3 billion (N49.8trn), the Debt Management Office (DMO) has disclosed.
DMO, in a statement on Friday night, stated...
Ganduje hands over N241bn debt to successor
Kano State Governor, Abdullahi Ganduje, on Monday, May 29, handed over the state administration to the Governor-elect, Abba Yusuf, alongside N241 billion debt.
Speaking at...
Telecom operators to disconnect banks over N120bn USSD debt
Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission (NCC) to disconnect banks over N120 billion Unstructured Supplementary...
