Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday…
Tag: debt
FAAN, Air Peace in war of words over debt, flight delay
The relationship between Air Peace, one of the domestic carriers in Nigeria, and the Federal Airports…
Kenya to convert $243 mln debt in Kenya Airways into equity
Kenya will convert its $243 million in loans to Kenya Airways into equity, the government has…
Kenya to convert $243 mln debt in Kenya Airways into equity
Kenya will convert its $243 million in loans to Kenya Airways into equity, the government has…
Nigeria’s debt rises to N19.15tr
Nigeria’s total debt rose to N19.15 trillion ($62.91 billion) at the end of March 2017, from…
Nigeria total debt rises to almost $63 bln by end of March – Debt office
Nigeria’s total debt rose to 19.15 trillion naira ($62.91 billion) as of March 2017, from 17.36…
DSME seeks court approval for debt rescheduling
After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering…
66% of Nigeria’s tax revenues goes to debt servicing, says IMF
The International Monetary Fund (IMF) says 66 percent of Nigeria’s tax revenues is spent on servicing…
N15b debt: Prosecute airlines – Aviation union tells EFCC
Association of Nigerian Aviation Professionals (ANAP) on Thursday called on the Economic and Financial Crimes Commission…
Darkness looms as Egbin may shut down over N110bn debt
The management of Egbin Power plant has issued strong warning that it will shut down operations…