INTELS waived $193m debt to resolve service boat contract — NPA 

  The Nigerian Ports Authority (NPA) on Sunday stated that INTELS Nigeria Limited waived $193 million…

China seizes Uganda’s only international airport over $207m debt 

  Chinese lenders, the Export-Import Bank of China, also known as Exim Bank, has taken over…

What is the way out of Nigeria’s rising debt? 

Before we start to look into the ways to tackle Nigerian debt profile, it is imperative…

FG gives IOCs two weeks to pay debt owed dockworkers 

The Federal Government has given International Oil Companies (IOCs) a two-week ultimatum to pay all outstanding…

$55m debt: Court dismisses FG’s suit against Agip Oil

A Lagos Division of the Federal High Court on Wednesday dismissed a $55 million debt recovery…

FAAN gives MMA2, eight other airports ultimatum over debt 

The Federal Airports Authority of Nigeria (FAAN) has given the Murtala Mohammed Airport Terminal Two (MMA2),…

FAAN gives MMA2, eight other airports till April 30 to pay debt

The Federal Airports Authority of Nigeria (FAAN) has given the Murtala Mohammed Airport Terminal Two (MMA2),…

N15bn debt: UBA moves to take over Sahara Energy

UBA Plc has filed a petition against Sahara Energy Resource Limited (Sahara Energy) at a Federal High…

Debt owed by CMA CGM to hit $15bn in 2019 — Alphaliner

Top container carrier, CMA CGM is expected to see its debt surge to USD15 billion in 2019,…

N800bn debt: Oil marketers threaten to shut depots in 7 days

Oil marketers in Nigeria have given the Federal Government a seven-day ultimatum to settle outstanding debts…

Nigeria is back in debt – Amina Mohammed

Deputy Secretary-General of the United Nations, Amina Mohammed has said that former Minister of Finance, Ngozi…

U.S. says China overloading poor nations with debt

  The Head of U.S. Overseas Private Investment Corporation (OPIC), Ray Washburne, on Monday said China…