Tag: debts
Debt from USSD soars to over N150b
The debt owed mobile network operators (MNOs) by deposit money banks (DMBs) over the use of the Unstructured Supplementary Service Data (USSD) has soared...
Lekki toll gate reopening to pay off debts – Commissioner
The Lagos State Government has disclosed that the Lekki Concession Company plans to return to official tolling to pay off local and foreign investors.
This...
FG’s local currency debts to reach N44tn in 2022 – Report
The Federal Government’s local currency debts will rise to N44tn in 2022, according to a report by Agusto & Co. Limited.
This was contained in...
EFCC recovers N1.6bn for AMCON in 4years – Official
The Assets Management Corporation of Nigeria (AMCON) says it has received N1,667,582,605.04 recovered funds by the Economic and Financial Crimes Commission (EFCC) between 2017...
Nigeria spent N1.47tn to service debts in first half 2021 –...
About N1.47trn has been spent by Nigeria on debt servicing payments in the first half of 2021.
This is according to data obtained from the...
FG expends N1.03trn on servicing of debts in Q1 – CBN
About N1.03trillion has been spent by the Federal Government on servicing debt in the first quarter of this year compared with N779.73 billion in...
Servicing of debts depletes FG revenue by 72% – Reports
Reports have shown that the Federal Government made a total of N3.25tn in 2020, according to a review of the budget performance of the...
Nigeria’s total debt hits N33trn
Nigeria’s total debt stock increased by N191 billion in the first quarter of 2021.This represents a 0.58 percent increase from N32.916 trillion as of...
How Nigeria’s trade relations explain who took money and who gave...
The evolution of Nigeria's business sector from the pre-colonial era into its celebrated status as the 'Giant of Africa' had assumed various dimensions of...
FG to pay N31.4b debts owed state governments
By Francis Ogwo
About N31.4 billion owed state governments by the Federal Government is expected to be paid on February 18. This move according to...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
