Tag: debt
Lekki-Epe Expressway: Lagos Owes Consortiums N40b
Kazeem Ugbodaga The Lagos State Government is still owing consortiums N40 billion as a result of the cancellation and buying…
Ogun Didn’t Borrow N200billion – Amosun Replies Daniel
Abiodun Onafuye/Abeokuta Governor Ibikunle Amosun of Ogun state has faulted a statement credited to his predecessor, Otunba Gbenga Daniel over…
Fayemi’s camp tells Fayose to study debt documents before talking
The camp of the immediate past Governor of Ekiti, Dr Kayode Fayemi, on Friday denied that he left a debt…
Woman sets herself on fire over debts
A Thai woman set herself on fire inside a Bangkok government building Wednesday after she was unable to pay off…
Man Sells Friend Car To Pay His Debt
Cyriacus Izuekwe A 34-year old man, Johnson Jamiu has been arrested by the police and charged before Lagos court sitting…
Woman arrested for stripping friend naked in public
Cyriacus Izuekwe A 23-year old woman, Joy Okafor has been arrested by the police for ripping off the cloths of…
Lagos APC Salutes Fashola On Lagos Debt
The Lagos State chapter of the All Progressives Congress, APC, has lauded the Governor of Lagos State, Babatunde Raji Fashola…
On Lagos Debt Profile
By Tayo Ogunbiyi A recent information from the Debt Management Office, DMO, reveals that Lagos State’s external debt profile stands…
First Bank bows to labour demands, releases N1.8bn debt
The Amalgamated Union of Public Corporations, Civil Service, Technical and Recreational Service Employees (AUPCTRE) says their picketing of First Bank…
Argentina sues US at top UN court over debt
Argentina on Thursday sought to haul the United States before the UN’s highest court, accusing Washington of breaching its sovereignty…
NAFDAC Ordered To Pay FG N1.4b
The Fiscal Responsibility Commission (FRC) on Wednesday directed the National Agency for Food and Drug Administration and Control (NAFDAC) to…
Nigeria’s Power Firm Owes N850bn
Nigeria’s National Electricity Liabilities Managing Company (NELMCO), on Wednesday said it was grappling with N850 billion debt it inherited from…
Russian woman changes gender to dodge debts
A Russian woman on the run over unpaid debts has changed sex in an apparent attempt to avoid paying them…
Aero Contractors becomes national carrier
Simon Ateba/Aviation correspondent Nigeria’s Federal Government is set to turn heavily indebted Aero Contractors Airline into the country’s national carrier,…
Nigeria’s Troubling Debt Profile
The administration of President Goodluck Jonathan is currently wallowing in huge debts due to Nigeria’s reckless borrowing to fund its…
Man Killed Over N200
A 35-year-old bricklayer, Mr Ugochukwu Ekwuribe, from Amuzu-Olokoro, near Umuahia, has allegedly been stabbed to death over a N200 debt…
Presidential Candidate Sued Over Unpaid Loan
A Federal high court sitting in Lagos, southwest Nigeria, has adjourned till 19 October a debt recovery suit instituted by…
Court Attaches G. Cappa Account Over Unpaid Debt
By Akin Kuponiyi A Lagos high court sitting in Ikeja, southwest Nigeria, has ordered that all monies in the account…
PHCN burdened by N88b debt, says minister
Professor Barth Nnaji, the Minister of Power, has disclosed that that the Power Holding Company of Nigeria, the monopolist power…
Greece scales obstacles for second bail out
BRUSSELS, March 9, 2012 (AFP) – Greece took a critical step Friday to avoid bankruptcy with an unprecedented debt write-off…
N13 Billion Debt: Court Freezes SPDC’s Accounts
In a bid to recover a debt of N13.093 billion from Shell Petroleum Development Company, West Multi Purpose Cooperative Society…
Man On The Run After Stabbing Pregnant Woman
A pregnant woman (name withheld) has been stabbed eight times by a man identified as Austin over a N20,000 debt…
Insurance Coy Dragged To Court Over Unpaid Loan
In a bid to recover a debt of N24 million, Equatorial Trust Bank (ETB) Plc, has dragged Consolidated Hallmark Insurance…
Carnco Dragged To Court Over Unpaid Loan
In a bid to recover the debt of N172,150,201.09, Afribank Plc has dragged Carnco Foods Nigeria Ltd and two of…