Tag: debt
Malaysia’s Mahatir blames ex PM Razak for $251.7bn debt
Malaysian Prime Minister Mahathir Mohamad on Monday, blamed previous government led by former protege Najib Razak for the one trillion…
Continuous accumulation of debt, not good – CSO
Mr Eze Onyekpere, Lead Director, Centre for Social Justice (CSJ), a Civil Society Organisation (CSO) says the continuous accumulation of…
Ambode inherited N468.471bn external debt – LASG
The Administration of Governor Akinwunmi Ambode inherited external debt profile of N468.471 billion, says Lagos State Commissioner for Finance, Akinyemi…
Rasheed Alaba Williams, company dragged to court over unpaid debt
In a bid to recover a debt of N818,416,976.26, Skye Bank Plc has dragged a limited liability company Tropical Merchants…
South African airline in talks with Citibank on debt
South Africa is in talks with Citibank on how to settle a 1.8 billion rand ($135 million) loan to the…
Akeredolu lied, we left N20 billion debt – Mimiko
Former Governor of Ondo State, Dr. Olusegun Mimiko says the incumbent governor of the state, Rotimi Akeredolu lied that his…
Uber driver rescued from jumping into Lagoon over N90,000 debt
An Uber driver, identified as Hammed Olojo, 31 was on Sunday afternoon rescued by operatives of the Rapid Response Squad,…
Nigeria issues N32 billion debt to tighten liquidity
Nigeria's central bank sold N31.94 billion ($104.76 million) in treasury bills on Friday in a bid to tighten liquidity in…
Access Bank, others take over Etisalat Nigeria over N541 billion debt
A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management…
Obanikoro, Coca-Cola Biker Over N96.8m Judgment Debt
A Lagos High Court sitting in Ikeja has fixed July 11, 2017 for ruling in a motion filed by Nigerian…
Arik Air owes a debt of N375 billion
The Receiver Manager of Arik Air, Mr Oluseye Opasanya, has said the embattled airline was indebted to its trade and…
N18.7 million debt forced me to attempt jumping into Lagoon-Textile dealer
Mrs Taiwo Momoh, the 58 years old woman who was rescued by the police on Friday from jumping into the…
Lagos debt profile hits N603.25 billion, highest in Nigeria
Lagos State had the highest debt of N603.25 billion of all Nigerian states in 2016, as against its revenue of…
N8.1b Debt: Court Freezes 21 Bank Accounts of Senator Stella Oduah
A federal high court sitting in Lagos south west Nigeria has restrained Senator Stella Ada Oduah and Sea Petroleum and…
N153m Debt: Court urged to wind-up Japaul Energy company
Akin Kuponiyi In a bid to recover a debt of N153million, a limited liability company AYM SHAFA Limited has filed…