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…

FG eyes $2.8bn debt from offshore sources -DMO

  The Federal Government plans to raise $2.8 billion of debt offshore as part of its…

FG settles N2.7tr debt to contractors

The Federal Government says since 2015 it has paid a total sum of N2.7 trillion owed…

We don’t need World Bank to monitor our debt- Adeosun

The Minister of Finance, Kemi Adeosun, has reacted to World Bank’s offer on helping countries monitor…

$55m debt: Court adjourns FG, Agip suit until May

A Federal High Court sitting in Lagos, on Wednesday adjourned until May 28, the hearing of…

DMO says Nigeria’s total debt at N21.7tr

The Debt Management Office (DMO) has said Nigeria’s total national debt was N21.7 trillion ($70.92 billion)…

DAPPMAN calls off 14-day ultimatum over N650bn debt

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Monday called off its 14-day…

Congo seeks relief talks with oil traders over $2bn debt

Congo Republic is set to become the latest African country to start debt relief talks with…

Maritime workers to shut Saipem over $29m debt  

The Maritime Workers Union of Nigeria (MWUN) has vowed to shut down the operations of Saipem…

Shell bemoans Afam IV power plant’s $200m debt

Shell Petroleum Development Company (SPDC) on Tuesday bemoaned its $200million debt in Afam IV Power Plant…

Government raises Kenya Airways stake in debt swap deal

The Kenyan government and domestic lenders have agreed to convert more than $400 million of Kenya…

Court arrests Oando’s oil rigs over N4.7bn debt 

A Federal High Court sitting in Port Harcourt, Rivers State has ordered the arrest and detention…