Tag: debts

Top 5 Stories Of The Day | NBS Report that Every Nigerian Owes ₦620k

Top 5 Stories Of The Day | NBS Report that Every Nigerian Owes ₦620k

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…

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For Buhari to deliver his promises, Nigerians need to tolerate more debts – Adeosun

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…

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The Ynaija Cover this evening – the 9th of February

Read the full stories and analyses here, here and here now!

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N4.17trn: How much Nigeria has borrowed in a year

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…

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Monetary policies alone won’t stimulate economic growth – Buhari

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…

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‘Tough times don’t last’ | Ben Bruce reacts to AMCON’s takeover of Silverbird

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…

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Fashola says government will ‘settle its debts’ as he visits Egbin power plant (PHOTOS)

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…

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‘Aregbesola owes over 1-year worth of hotel bills in Osun’

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…

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Okay, Diamond Bank has apologized to Abike Dabiri-Erewa (READ)

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…

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Ambode to settle N11bn pension debts

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…

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THE 2015 TRACKLIST: Fayose takes another swipe at PMB, Judge’s petition against Aregbesola dismissed, PMB sacks 8 GEDs, More stories

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.…

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Power firms allege that Military, govt agencies, others owe them N26bn

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…

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Abike Dabiri-Erewa says she doesn’t owe anyone a thing

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.…

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The real situation with the Nigerian economy and its debts

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…

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“I met an empty treasury and millions of dollars in debt” – Buhari

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…

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Nasarawa govt. is kinda broke, had to borrow money to pay salaries

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…

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Damilola Atayero: First things first (30 days, 30 voices)

by Damilola Atayero                              "No man respects an empty, unaccomplished lady." There is only one key to…

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