Tag: debt
Kaduna Revenue Service seals 5 banks, companies over N1.7bn debt
The Kaduna State Internal Revenue Service (KADIRS) has sealed five banks and other companies in the state capital for a ‘Land Use Charge (LUC)...
41-year-old man arrested for faking kidnap to evade payment of N1m...
The operatives of the Amotekun Corps in Ogun State have arrested a 41-year-old man, Enitan Awoyemi, for allegedly faking his own abduction at Irolu...
UNGA: Tinubu seeks debt forgiveness for Nigeria, other developing nations
President Bola Tinubu has called for debt forgiveness for Nigeria and other developing countries from creditors and multilateral financial institutions.
Tinubu made the call while...
NNPCL: Debt to suppliers responsible for fuel queues
The Nigerian National Petroleum Company Limited (NNPCL) says the company’s debt to petrol suppliers is responsible for the fuel queues across the country.
The NNPCL...
AGF: Presidential jets grounded in France over debt
The Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), has confirmed that presidential jets are grounded in France over...
$2.5m debt: Arik Air resumes flight operations
Arik Air Limited has announced the resumption of the airline flight operations, effective August 8, 2024.
The Chief Executive Officer of Arik Air, Capt. Roy...
N17bn debt: Court hears GTB’s applications against Afex Exchange July 8
A Federal High Court sitting in Lagos has fixed July 8, 2024, for the hearing of all pending applications in a contempt suit initiated...
‘Highest since 1961’: UK public debt hits £2.7trn
United Kingdom public debt rose to levels not witnessed for more than 60 years in May in spite of lower-than-expected government borrowing, according to...
Nigeria’s debt hits N121trn
The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion ($91.46 billion) in March 2024.
The DMO Director-General, Patience Oniha, made...
Reps summon AGIP over failure to pay $80m debt
The House of Representatives has summoned AGIP Oil Company to appear before it on June 26, 2023, over alleged $80 million owed to De...
