Chinese lenders, the Export-Import Bank of China, also known as Exim Bank, has taken over…
Tag: debt
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…
$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),…
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…
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…
N5.4tr debt: AMCON changes strategy to complete assets seizure
The Assets Management Company of Nigeria (AMCON) on Sunday said that there will be no more…