A new pro-democracy group, the Nigeria Demand Movement (NDM), has called on the federal and state governments to implement an …
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NCC Grants 21-Day Extension for Glo and MTN Interconnect Debt Resolution
The Nigerian Communications Commission (NCC) has granted a 21-day extension to Globacom (Glo) and MTN Nigeria for resolving their interconnect …
Read More »Nova Merchant Bank Seeks to Wind Up Midwestern Oil Over N1.6bn Debt
Nova Merchant Bank Limited has taken legal action against Midwestern Oil & Gas Company Limited, seeking to wind up the …
Read More »Future Generations Will Bear the Burden of Africa’s Current Debt – Obasanjo
Former Nigerian President Olusegun Obasanjo has issued a stark warning about the long-term consequences of Africa’s current debt. In a …
Read More »Nigeria loses $16trn to gas flaring despite rising debt stocks
The Federal Government has forfeited an estimated $16 trillion to natural gas flaring in a decade amid soaring debt stocks, …
Read More »NNPCL to Work with NEITI, Reconciliation Committee on Alleged Federation Debt
The Nigerian National Petroleum Company Limited (NNPCL) has said it will cooperate with the Nigeria Extractive Industries Transparency Initiative (NEITI) …
Read More »As Nigeria’s debt to China hits $4.73bn, IMF cautions African countries on economic ties
The IMF has warned Nigeria and other countries in Sub-Saharan Africa about the risks of their close economic ties with …
Read More »Emefiele ordered to show up on Jan 25 over $53m judgment debt
The former CBN governor, Godwin Emefiele, has been ordered by a Federal High Court in Abuja to appear before it …
Read More »$11.5b judgement debt: Tinubu hails Nigeria’s victory in UK against P&ID
President Bola Tinubu has applauded today’s judgment rendered by Judge Robin Knowles of the Business and Property Court in London, …
Read More »Debt Management: Don advocates review of foreign loans regime
By Fortune Abang Intervention A don, Prof. Jonah Onuoha, has advised the Federal Government to review its foreign loan regime …
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