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1. Despite its transition into a commercial entity, the Nigerian National Petroleum Company Limited is grappling with mounting financial pressure as unviable and underperforming subsidiaries deepen...
The Debt Management Office (DMO) has said President Tinubu inherited a total of N87.38 trillion debt upon assumption of office. President Tinubu took over office...
Aviation authorities in Nigeria have grounded aircraft belonging to Arik Air over a controversial $2.5m debt. The Nigerian Airspace Management Agency (NAMA) on Tuesday said the...
Nigeria’s debt to petrol suppliers has surpassed $6 billion, doubling since early April, according to Reuters report. According to the report on Thursday, the development...
President Bola Tinubu has directed immediate payment of Aso Villa’s outstanding electricity bill owed to Abuja Electricity Distribution Company (AEDC). In a statement on Tuesday...
Nigeria’s total public debt may hit N81.64tn this year. According to a report by The PUNCH, the figure was arrived at based on the 2022...
The presidential candidate of Labour Party (LP) in this month’s presidential election, Peter Obi, has said the nation owed a debt that could build 160...
Minister of Finance, Zainab Ahmed, says she does not agree with those who say Nigeria has a debt problem, stating that the country only has...
A 36-year-old man, Abubakar Halilu, has been arrested by the Police Intelligence Response Team (IRT) for plotting the kidnap and murder of his cousin. The...
Analysis of data on actual external debt service payments from the Debt Management Office has revealed that Nigeria spent $1.79bn in five years on servicing...
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