GOV ORTOM PRESENTS HANDOVER NOTES TO GOV-ELECT, REV FR. ALIA The Governor of Benue State, Samuel Ortom has formally presented handover notes of his eight years administration to the Governor-elect …
Debt
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The Kano State governor-elect, Abba Yusuf, has issued what amounts to a caveat emptor to domestic and international lenders, warning that any institution that gives a loan to the outgoing…
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NewsStatement
What Osun Governor, Senator Adeleke, told royal father’s about state’s N407b debt
by Adminby AdminOsun is Indebted to the Tune of N407.32 Billion – Governor Adelekel I am pleased to welcome our royal majesties and fathers to this all important event. I called this…
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BusinessNews
Angry Niger govt warns, ‘don’t touch hospitals, water board’ as AEDC disconnects power supply its offices over N1.3 billion debt
by Adminby AdminThe Niger State Government is not pleased with the Abuja Electricity Distribution Company (AEDC) for disconnecting electricity supply to Niger government, its ministries and parastatal agencies over unpaid N1.3 billion…
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News
Again, CBN Gov. Emefiele ordered to appear in court Jan. 18 over alleged refusal to pay $70M judgment debt
by Adminby AdminA Federal High Court in Abuja on Thursday ordered the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele to appear before it on January 18, 2023 to…
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By Chuks Moses, Awka A former governor of Anambra State (name withheld) has officially cried out vide a court affidavit that he’s presently facing excruciating financial difficulties. It’s so dire…
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Emirates Airlines says it plans to suspend all flights to and from Nigeria on Sept. 1, to limit further losses following its inability to repatriate about 85 million dollars in…
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Business
Conflicting Orders By The Courts, Especially At FHC Frustrating Recovery Process – AMCON
by Adminby AdminBy Jude Chiedozie Nwauzor, AMCON Federal House of Representatives Committee Chairman on Banking and Currency, Hon. Victor Nwokolo at the weekend in Lagos disclosed that the National Assembly would as…
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Business
Nigeria’s public debt now N39trn, says DMO; Buhari not alone, NASS, States and past administrations involved
by Adminby AdminPresident Muhammadu Buhari may be blamed for much of the country’s ballooning debt, but he is not to be blamed alone for the trend. According to the Director-General of the…
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Business
Nigeria’s debt stock to hit N38 trillion and counting if NASS approves Buhari’s request
by editorby editorIf the National Assembly approves President Muhammadu Buhari’s latest request to borrow, the country’s debt profile may rise to about N38 trillion, if figures from the Debt Management Office (DMO)…