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Nigeria’s Total Debt Profile hits N41.60trn —DMO 

The Debt Management Office, DMO, has disclosed that Nigeria’s total debt profile risen to N41.60 trillion as at March, 2022. The Director-General, DMO, Patience Oniha...

NNPCL’s Total Outstanding Petrol Subsidy Debt Hits N1.04trn, N448.7bn Deducted in July 

Kyari With total spending on the controversial petrol subsidy now exceeding oil revenue, the Nigerian National Petroleum Company, NNPC Limited, outstanding debt on what it...

LCCI raises concern over Nigeria’s debt Burden

...advises FG to borrow from cheaper sources The rising debt stock incurred by the government is becoming increasingly problematic in the face of dwindling government...

Courts’ Conflicting Orders Frustrating Recovery Process – AMCON

The Federal House of Representatives Committee Chairman on Banking and Currency, Victor Nwokolo at the weekend in Lagos disclosed that the National Assembly would...

AIG Usman Arrests PHED Regional Manager For Disconnecting Office Over Debt

Usman The Assistant Inspector General of Police in charge of Zone 6 Calabar in Cross River State, Usman Sule Gomna has illegally arrested and detained...

Oil companies debt to Nigeria amounts to N1.32 trillion in 2020 says NEITI  

  Nigeria earned $20.43 billion from the sector in 2020, a decline of 40 per cent compared to $34.22 billion realised in 2019. The Nigeria Extractive...

Nigeria’s debt stock hits N39.6tn in 11 months – Reports

Ahmed The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021, The PUNCH has learnt.   The Minister of Finance, Budget...

N5bn debt: AMCON takes over former Kwara State governor’s mansion

  Following the order of Justice A.M. Liman of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria, AMCON, on Wednesday, September 22,...

N5trillion AMCON Debt: IGP to direct all AIGs, CPs to support recovery drive

L-R: The head, Inter-Governmental Department, Asset Management Corporation of Nigeria, AMCON, Sa’ad Ahmed, the Corporate Communications head, Jude Nwauzor and others. The Inspector General of...

AMCON vs Jimoh Ibrahim: N69.4bn debt case heads to Court Of Appeal

  In its concerted effort to recover the huge debt of nearly N70billion owed it by businessman Jimoh Ibrahim, the Asset Management Corporation of Nigeria,...

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