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Ganduje hands over N241bn debt to successor

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Kano State Governor, Abdullahi Ganduje, on Monday, May 29, handed over the state administration to the Governor-elect, Abba Yusuf, alongside N241 billion debt. Speaking at...

Telecom operators to disconnect banks over N120bn USSD debt

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Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission (NCC) to disconnect banks over N120 billion Unstructured Supplementary...

N786.9m debt: UBA takes over Ogiemwonyi’s properties

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A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc. to take over two properties located in...

N2.4bn debt: AMCON takes over Glano’s assets

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The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over N2.4 billion debt. AMCON, which was established to...

Man United debt hits £969.6m

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Manchester United have declared that they owe £969.6 million through a combination of gross debt, bank borrowings, and outstanding transfer fees with associated payments. United...

N13bn debt: GTBank violates judgements in favour of Stallion — Court

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The Federal High Court sitting in Lagos has held that Guaranty Trust Bank (GTBank) was in violation of the consent judgement entered by the...

Osun Assembly probes N407bn state debt

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The Osun State House of Assembly has directed appropriate agencies to provide the Assembly the updated details of the state’s debts and financial profile. The...

Oyetola to Adeleke: I didn’t take bank loan for 4 years,...

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The immediate past governor of Osun State, Gboyega Oyetola, says his administration did not take any bank loan during his four years regime in...

Adeleke: I inherited N407bn debt from Oyetola

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Osun State Governor, Ademola Adeleke, says his administration has discovered a debt of N407.32 billion left behind by the immediate past governor of the...

Nigeria’s debt stock rises to N42.84trn in Q2 2022 – NBS

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Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion ($103.31 billion) in the corresponding...
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