Tag: debt
FG: We’re ready to clear N1.5trn debt owed contractors
The Federal Government says it is set to pay up the N1.5 trillion debt owed contractors for the construction of federal highways across the...
Nigeria’s public debt stock hits N87trn
Nigeria’s total public debt stock hit N87.91 trillion ($114.35 billion) as of September 30, 2023, the Debt Management Office (DMO) confirmed.
The DMO, in a...
N3.5bn debt: Court freezes Oyo govt’s accounts in 10 banks
The accounts of the Oyo State Government in 10 commercial banks in the country have been frozen.
The banks in which the state government’s accounts...
Works Minister: We inherited N1.5trn debt from Buhari’s govt
The Minister of Works, David Umahi, says N1.5 trillion debt arising from unpaid certificates was inherited from the administration of the immediate past president,...
Stallion clarifies issues with UBA
Stallion Group has clarified matters between it and one of its bankers, UBA arising from issues that arose over the normal course of banking...
Nigeria’s public debt stock rises to N87.38trn in Q2 2023
Nigeria’s public debt stock has increased to N87.38 trillion ($113.42 billion dollars) in the second quarter of 2023.
The public debt stock increased to N87.38...
Anambra govt summons petrol marketers over N900m debt claims
Anambra State Government has invited the leadership of Independent Petroleum Marketers Association of Nigeria (IPMAN) for a meeting over the claim of over N900...
FG repays $500m Eurobond debt
The Federal Government has redeemed a $500 million 10-year tenor Eurobond with a due date of July 12, 2023.
A statement issued by the Debt...
Mutfwang: Lalong left N307bn debt in Plateau
Plateau State Governor, Caleb Mutfwang, says his administration inherited a debt burden of N307 billion from the immediate past administration in the state.
Mutfwang disclosed...
DMO: Nigeria’s debt rises to N49.8trn
Nigeria’s total public debt has risen to $108.3 billion (N49.8trn), the Debt Management Office (DMO) has disclosed.
DMO, in a statement on Friday night, stated...
