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Tag Archives: Debt

May, 2020

April, 2020

  • 16 April

    G20 Agrees Temporary Debt Relief For Poor Countries

    The Group of 20 (G20) leading economies have agreed to temporary debt relief for the world’s poorest countries. Read Also: One Death Recorded As Nigeria’s COVID-19 Toll Exceeds 400 “We support a time-bound suspension of debt service payments for the poorest countries that request forbearance,” the G20 finance ministers and central …

March, 2020

  • 26 March

    COVID-19: IMF, World Bank Suspend Debt Payment By Nigeria, Others

    Paris Club Refund: Expert Urges Nigerians To Check States’ Misuse Of Funds

    The International Monetary Fund and World Bank on Wednesday announced a suspension of debt payments from Nigeria and other sub-Saharan Africa nations. Read Also: I Don’t Want Another Man To Enjoy Her, Says Father Who Impregnated 15-year-old Daughter The move is to enable the countries have enough funds to battle the …

February, 2020

  • 29 February

    We’ll Stop Debtors From Living Luxurious Lifestyles – Emefiele

    Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said loan defaulters will be stopped from enjoying luxurious lifestyles. Read Also: Coronavirus: CDC Warns Men Against Keeping Full Beards He said this on his visit to the Dangote refinery and fertilizer project in Lagos on Saturday. He said the …

January, 2020

  • 17 January

    Nigeria’s Public Debt Stands At N26.2trn – DMO

    The Debt Management Office (DMO) says the total public debt as at September 2019 stood at N26.215 trillion. Patience Oniha, the Director-General of DMO, made this known during a presentation of Public Debt Data as at 30 September, 2019 in Abuja on Friday. Read Also: Igbo Must Work With North, Others …

December, 2019

October, 2019

  • 15 October

    Nigeria’s Debt Rises By N3trn In One Year


    Nigeria’s public debt has risen from N25.7 trillion to N29.02 trillion as at the end of June 2019, an increase of N3.32 trillion, the Debt Management Office has said.  The Federal Government owed N20.42 trillion as of June 30, 2019, while the 36 states and the Federal Capital Territory had …

September, 2019

  • 2 September

    N537m Debt: Duke Seeks Out-Of-Court Settlement With AMCON


    Donald Duke, a former Governor of Cross River State, has approached the Asset Management Corporation of Nigeria (AMCON), over an out-of-court settlement in respect of an alleged debt of N537,334,360.77. Read Also: Tribunal Nullifies Election Of PDP Lawmaker In Osun Edoigiawerie Omoruyi, his lawyer, said this at the Federal High Court …

June, 2019

  • 26 June

    Ex-gov Yari Denies Plunging Zamfara Into Debt

    Abdulaziz Yari, the immediate past governor of Zamfara, has said that he left no debt or liability to the new administration of Bello Matawalle.Yari made this known at a news conference organised at the All Progressives Congress (APC) state Secretariat in Gusau on Wednesday. He spoke through Ibrahim Dosara, his …

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