NBS report that every Nigerian owes ₦620k Dangote and IPMAN come to an agreement on petrol lifting DisCo at risk of being sanctioned by FG agencies for charging metre change…
Minister of Finance, Kemi Adeosun has said Nigerians will have to tolerate more borrowings by President Muhammadu Buhari to deliver his promises. Background: President Buhari had written to the Senate…
Statistics from the Debt Management Office (DMO) on Tuesday has shown that Nigeria's debt has risen from N12.12tn in June 2015 to N16.29tn as of June 30, 2016, indicating a N4.17tn increase. The…
President Muhammadu Buhari has said monetary policy instruments alone cannot stimulate economic growth judging from the plethora of economic challenges in the country. The president stated this on Thursday while…
The Assets Management Company of Nigeria, AMCON on Thursday took over the assets of Silverbird Group, owned by Ben Bruce, the Senator representing Bayelsa East constituency. Bruce’s companies under the group…
The Minister of Power, Works and Housing, Babatunde Fashola says the Federal Government will settle the N47 billion debt it owes Egbin Power for energy supplied to the national grid. Fashola gave…
Hotel owners in Osun state say they are struggling to stay afloat as a result of the refusal of the Governor of the state, Rauf Aregbesola to pay debts incurred by guests…
Diamond bank has apologized in two dailies today to Abike Dabiri-Erewa for erroneously including her name as a director in a company owing their bank. The Punch newspaper had on Tuesday…
The Lagos state government has released N11 billion to pay off pensions owed since 2010. The Head of Service, Folashade Jaji said this on Wednesday. She said, “The development is…
Saraki seeks foreign assistance to rebuild North-east. This Day APC urges banks, FG not to grant Mimiko loan. Leadership Presidency denies claims that PMB spent N2.2 billion on US trip.…
Military formations, ministries, departments and agencies at every level of government electricity will soon get disconnected as a result of N26 billion debts owed to the Association of Nigerian Electricity…
Former House of Representatives member, Abike Dabiri has debunked Nigerian Deposit Money Banks' allegation that a company in which she is a director, Thriller Eneavours, owes Diamond bank N122 million.…
Nigeria is in deep wahala. Our debts are rumored to be about N11 trillion and in the 2015 budget, it was revealed that the country had a deficit of N911 billion. But…
President Muhammadu Buhari, says he inherited a virtually empty treasury from former President, Goodluck Jonathan. Buhari, said this on Monday, June 22, while meeting with State House correspondents, to mark…
by Ranti Joseph Nasarawa government on Monday said it has secured N500 million bank facility to pay February salary due to the shortfall in statutory allocation from federation account. Commissioner…