How to overcome indebtedness
By: Evang. George Agbo Introduction: To every success in life, there is a secret. In the same way, to every notable miracle you have ever seen, there is a corresponding secret that must be known and practiced effectively by every believer in order to replicate such miracle. It is expedient to know that miracles are […]
Breaking: Nigeria owed N25.7trn debt as at June 30 — DMO
The Debt Management Office (DMO), says as at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally.
$9.6bn judgement debt: FG to push for abrogation of huge cash award
Insists P&ID has no presence anywhere How project failure affected Addax’s plan to end gas flaring By Soni Daniel & Udeme Akpan As Nigeria goes on appeal to set aside the huge cash awarded by a British commercial and arbitration court to an offshore compaany over a botched gas supply contract, indications emerged, weekend, that […]
UPDATE: Banks to seize debtors’ deposits for loan repayment
To create N1trn new loans through LDR directive By Babajide Komolafe The Bankers Committee yesterday introduced a lending condition that empowers banks to seize and use bank deposit of debtors in any bank for loan repayment. Deputy Governor, Financial Sector Surveillance, CBN, Mrs Aisha Ahmad, disclosed this at a press conference after the Bankers Committee meeting […]
National Debt heading for N27trn as FG’s borrowings continue
NIGERIA’s public debt will rise above N27 trillion this year triggered by increased Federal Government borrowing to fund the 2019 budget. The nation’s debt stock has been on a steady and sharp upward trend since 2011, due to increased borrowing by the Federal Government and depreciation of the naira.
Yari left N2.8bn debt on NECO, WAEC, others – Transition Committee
The immediate past administration in Zamfara State led by the ex-governor, Abdul’aziz Yari, is said to have left over N2.8 billion liabilities involving external examinations, the state transition committee has disclosed.
