Tag: debt
Revealed: Who really borrowed the most since 1999
Business Africa has challenged widespread claims that President Bola Tinubu’s administration is responsible for Nigeria’s highest level of borrowing since…
Nigeria’s debt rises as World Bank prepares new $750m loans
Others warn that Nigeria’s rising debt now at about N149 trillion compared to N87 trillion when President Buhari left office …
Can a small term debt help in emergency situations?
Emergencies can strike without warning, leaving us scrambling for immediate solutions. From urgent car repairs to unexpected medical bills, not…
10 Tips to avoid debt traps with planned borrowing
Debt can be a helpful tool when managed wisely, but it’s all too easy to fall into a debt trap…
Kogi shocks critics, pays off massive N98.8 billion debt
Idris described this repayment as a landmark achievement, crediting Governor Ododo’s fiscal discipline and dedication to economic recovery for the…
Staying Out of Debt: The Power of Financial Habits
Loans can be an excellent tool for realizing your dreams related to business or specific consumer purchases that you shouldn't…
Railway contractors protest non-payment of N500m debt
The angry contractors were subcontractors to the major company called Deux Projects Limited, owned by one Dr. Tunji Olowolafe.
MD, 7 others dragged to court over N32bn debt
In a bid to recover a debt of N32 billion owed four commercial banks, Asset Management Corporation of Nigeria, AMCON,…
AMCON drags company to court over unpaid N9.3bn debt
In a bid to recover a debt of N9,302,894,097.94, Asset Management Corporation of Nigeria AMCON has dragged a limited liability…
Nasarawa Govt. clears N40bn debt – Al-Makura
Nasarawa State Governor, Umaru Al-Makura, on Wednesday said the state government had cleared more than N40 billion debt incurred before…
Fayose left N155b debt, says Gov. Fayemi
Ekiti State Governor, Dr. Kayode Fayemi, on Thursday said former governor Ayodele Fayose left a total debt profile of over…
FMBN recovers N3bn debts, records stronger result in 2018
Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, said the bank has recouped more than N3 billion in…
DMO, Fayose disagree over Ekiti debt profile
The Debt Management Office (DMO) has said that the immediate past administration of Mr Ayo Fayose had a debt profile…
African countries don’t think cooperation adds to debt – China
African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to…
China is helping Africa develop, not stack up debt – Official
China is helping Africa develop, not pile up debt, a top Chinese official said on Tuesday, as the government pushes…