Tag: debt

Bernard DayoApril 24, 2019

The Big 5: Buhari billed to inaugurate five projects in Lagos; Court asked to declare Justice Muhammad unfit, order new selection | Other top stories

Here are the stories that you should be monitoring today: Court asked to declare Justice Muhammad unfit, order new selection ...

tosin adesinaJuly 26, 2018

Hard times await Kogi workers as state drowns in debt

It seems the expectation of Kogi workers that their unpaid salaries spanning into twenty five months would finally be paid ...

Op-ed EditorOctober 12, 2017

Opinion: How LUTH traumatises young doctors

by Imoisili Ehinomen   God- according to Merriam-Webster’s dictionary- a being or object ‘believed’ to have more than natural attributes ...

Op-ed EditorOctober 6, 2017

Opinion: Osun 2018 and Aregbosola’s landmines

by Ibrahim Sarafa Expectedly, the race for the top seat in Osun state, come 2018, is gaining gradual momentum. The ...

AzeezOctober 4, 2017

N26bn debt: FG approves payment to electricity distribution companies

The Federal Government on Wednesday approved payment of N25.994bn owed by Ministries, Departments and Agencies to electricity companies. The Minister of ...

ToluSeptember 17, 2017

21,084 policemen deployed for Anambra election; 1,100 firearms seized | The 5 numbers that mattered last week

N19.63 trillion – According to the latest debt statistics published by the Debt Management Office, Nigeria’s total debt has risen ...

AzeezJuly 19, 2017

How Governor Yari ruined my business with N179.5m debt – German contractor

Zamfara State governor, Abdulaziz Yari has been accused of owing N179.5m, by a German contractor and businessman, Richard Klosa. The German alleged ...

AzeezJuly 4, 2017

Etisalat Nigeria board dissolved, new CEO appointed

Former Deputy Managing Director of Celtel Nigeria has been named the chief executive officer of Etisalat Nigeria during the transition ...

AzeezJune 24, 2017

Etisalat takeover: CBN intervenes to prevent loss of jobs

The Central Bank of Nigeria (CBN) and the Nigeria Communications Commission (NCC) have moved to intervene in the takeover of ...

AzeezJune 22, 2017

We have paid 42% of our debt – Etisalat

Etisalat Nigeria has said it is not being investigated by the Economic and Financial Crimes Commission (EFCC). In a statement signed ...

AzeezJune 20, 2017

BREAKING: Access Bank, others take over Etisalat Nigeria over N541bn debt

Access Bank PLC and other Nigerian and foreign banks have taken over the management of Etisalat Nigeria, Premium Times reports. ...

Op-ed EditorMay 19, 2017

Shocking! The lengths Nigerians will go to avoid paying their debts

by Eketi Edima Ette   This world is coming to an end, I kid you not. Have you ever loaned money to ...

AzeezMarch 28, 2017

We have recovered N681bn debt in the last six years – AMCON

by Azeez Adeniyi The Asset Management Company of Nigeria (AMCON) on Monday said it has recovered over N681.5billion from debtors ...

Oludolapo AdelanaFebruary 22, 2017

$16m debt: Court freezes 21 bank accounts linked to Stella Oduah

by Dolapo Adelana Stella Oduah and Sea Petroleum and Gas Company Limited have been restrained from making any withdrawal from ...

ToluFebruary 18, 2017

N40m wildlife feeding budget, $2.5bn loan | The 5 numbers that mattered this week

N40 million – The amount of money set aside in the 2017 National Budget for feeding and maintenance of wildlife ...

AzeezFebruary 9, 2017

“Govt agencies, military owe power distribution companies N88bn”

Government Ministries, Departments and Agencies (MDAs) owe power distribution companies N88.6bn, Association of Nigerian Electricity Distributors has said. Executive Director, ...

AzeezJanuary 22, 2017

Why I want my money from Kibati Bankole – Daddy Freeze

Popular Cool FM OAP, Daddy Freeze has revealed what transpired between him and female sports presenter, Kibati Bankole. Last week, ...

Op-ed EditorNovember 16, 2016

Opinion: The many dangers of senseless debts

by Jide Ojo It is no longer news that the country’s economy is in recession. Many Nigerians are cash-strapped. This ...

RoqeebahNovember 4, 2016

[The Presidential Blog]: Dear DMO, please DPMO

I was going to start by saying “it appears that these people do not get it”. But then as I ...

AzeezOctober 12, 2016

National Library owes N508m rent, faces eviction

Chief Executive Officer of the National Library of Nigeria, Prof. Lanre Aina has revealed that the agency may be evicted ...

Op-ed EditorSeptember 22, 2016

The Thread: #TenCashCommandments

Every other day, a tweep puts out a thread on a subject matter of their contemplation. Today, it is Audu ...

AzeezJuly 31, 2016

National Theatre in total darkness over N9m power debt

The Eko Electricity Distribution Company Plc (EKEDC) on Sunday said electricity supply to the National Arts Theatre in Lagos was ...

Adebayo EmuleomoJuly 11, 2016

Kalu Aja: The good, the bad and the responsible; managing your debts (Y! Naira&Kobo)

by Kalu Aja Debt Management So this lesson, we will discuss borrowing and debt and how to go about it ...

Mazi EmekaJune 29, 2016

Nigeria owes ECOWAS $694,000 in levies, dues

Nigeria is owing the Economic Community of West African States (ECOWAS) a year’s worth of levies amounting to $694, 000, the ...

Adebayo EmuleomoJune 25, 2016

After Silverbird, AMCON takes over Afrijet over N10bn debt

Asset Management Corporation of Nigeria (AMCON) has been granted an interim injunction against Afrijet Airlines Limited – a company owned ...

Olawale WritesJune 24, 2016

THISDAY Dome taken over by FCT Administration

The investment company of the Federal Capital Territory Administration, on Friday took over the THISDAY Dome, in Abuja. The takeover ...

Mazi EmekaJune 21, 2016

N50bn debt: Court grants AMCON control of Jimoh Ibrahim’s assets

Assets belonging to businessman, Jimoh Ibrahim will be taken over by the Asset Management Corporation of Nigeria as a federal ...

Mazi EmekaMay 31, 2016

Secret account, lavish living and other sins of Fayose… according to the APC

The Ekiti state All Progressives Congress (APC), on Monday, lambasted the state Governor, Ayodele Fayose for plunging the state into ...

Oreoluwa PetersFebruary 14, 2016

Shocker! Kanye West reveals he’s $53 million in ‘personal debt’

After organising the most watched and talked about fashion/music event of the year, Kanye West has revealed that he’s swimming ...

Kolapo OlapojuDecember 2, 2015

‘Why I won’t shy away from borrowing’ | Governor Udom gives a lesson in indebtedness

According to Governor Udom Emmanuel of Akwa Ibom state, every serious government must have a debt profile. The governor said many ...

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