Tag: debt
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…