Tag: debt
N786.9m debt: UBA takes over Ogiemwonyi’s properties
A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc. to take over two properties located in...
N2.4bn debt: AMCON takes over Glano’s assets
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over N2.4 billion debt.
AMCON, which was established to...
Man United debt hits £969.6m
Manchester United have declared that they owe £969.6 million through a combination of gross debt, bank borrowings, and outstanding transfer fees with associated payments.
United...
N13bn debt: GTBank violates judgements in favour of Stallion — Court
The Federal High Court sitting in Lagos has held that Guaranty Trust Bank (GTBank) was in violation of the consent judgement entered by the...
Osun Assembly probes N407bn state debt
The Osun State House of Assembly has directed appropriate agencies to provide the Assembly the updated details of the state’s debts and financial profile.
The...
Oyetola to Adeleke: I didn’t take bank loan for 4 years,...
The immediate past governor of Osun State, Gboyega Oyetola, says his administration did not take any bank loan during his four years regime in...
Adeleke: I inherited N407bn debt from Oyetola
Osun State Governor, Ademola Adeleke, says his administration has discovered a debt of N407.32 billion left behind by the immediate past governor of the...
Nigeria’s debt stock rises to N42.84trn in Q2 2022 – NBS
Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion ($103.31 billion) in the corresponding...
$418m debt: Court dismisses 36 govs’ suit against FG
A Federal High Court, Abuja, on Friday, dismissed the $418 million Paris Club debt suit filed by the 36 state governments against the Federal Government.
Justice...
Obiano left N109bn debt, N300m cash ― Soludo
The governor of Anambra State, Prof. Chukwuma Soludo, has said that the immediate past administration led by Willie Obiano left a debt of about...