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Tag: debt
Nigerians will appreciate my government soon – Buhari; Nigeria threatens to shut down domestic airlines over debt, gives 30-day deadline | 5 Things That Should Matter Today
Nigerians will appreciate my government soon - BuhariFG to reopen varsities, despite ASUU strikeFG engaging foreign countries to deal decisively with insecurity - Lai MohammedNigeria threatens to shut down domestic…
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The Big 5: Buhari billed to inaugurate five projects in Lagos; Court asked to declare Justice Muhammad unfit, order new selection | Other top stories
Here are the stories that you should be monitoring today: Court asked to declare Justice Muhammad unfit, order new selection The Abuja Division of the Federal High Court has okayed…
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Hard times await Kogi workers as state drowns in debt
It seems the expectation of Kogi workers that their unpaid salaries spanning into twenty five months would finally be paid isn't gong. A recent investigation by Premium Times shows that…
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Opinion: How LUTH traumatises young doctors
by Imoisili Ehinomen God- according to Merriam-Webster's dictionary- a being or object ‘believed' to have more than natural attributes and powers and to require human worship. ‘God' is the…
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Opinion: Osun 2018 and Aregbosola’s landmines
by Ibrahim Sarafa Expectedly, the race for the top seat in Osun state, come 2018, is gaining gradual momentum. The two leading parties, the All Progressives Congress (APC) and the…
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N26bn debt: FG approves payment to electricity distribution companies
The Federal Government on Wednesday approved payment of N25.994bn owed by Ministries, Departments and Agencies to electricity companies. The Minister of Power, Works and Housing, Mr. Babatunde Fashola disclosed this to…
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21,084 policemen deployed for Anambra election; 1,100 firearms seized | The 5 numbers that mattered last week
N19.63 trillion - According to the latest debt statistics published by the Debt Management Office, Nigeria's total debt has risen to this amount, as of June 2017. The report adds…
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How Governor Yari ruined my business with N179.5m debt – German contractor
Zamfara State governor, Abdulaziz Yari has been accused of owing N179.5m, by a German contractor and businessman, Richard Klosa. The German alleged that his company, Connexx Plants Nigeria Ltd. has gone bankrupt…
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Etisalat Nigeria board dissolved, new CEO appointed
Former Deputy Managing Director of Celtel Nigeria has been named the chief executive officer of Etisalat Nigeria during the transition period. Former CEO, Matthew Willsher along with the chief financial…
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Etisalat takeover: CBN intervenes to prevent loss of jobs
The Central Bank of Nigeria (CBN) and the Nigeria Communications Commission (NCC) have moved to intervene in the takeover of Etisalat Nigeria over a US$1.2 billion debt. A consortium of…
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We have paid 42% of our debt – Etisalat
Etisalat Nigeria has said it is not being investigated by the Economic and Financial Crimes Commission (EFCC). In a statement signed by Ibrahim Dikko, Etisalat vice-president of corporate affairs, the company…
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BREAKING: Access Bank, others take over Etisalat Nigeria over N541bn debt
Access Bank PLC and other Nigerian and foreign banks have taken over the management of Etisalat Nigeria, Premium Times reports. This was after after efforts by Emerging Markets Telecommunications Services,…
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Shocking! The lengths Nigerians will go to avoid paying their debts
by Eketi Edima Ette This world is coming to an end, I kid you not. Have you ever loaned money to someone? Have you ever asked for that debt to be…
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We have recovered N681bn debt in the last six years – AMCON
by Azeez Adeniyi The Asset Management Company of Nigeria (AMCON) on Monday said it has recovered over N681.5billion from debtors in the last six years of its operation. Managing Director,…
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$16m debt: Court freezes 21 bank accounts linked to Stella Oduah
by Dolapo Adelana Stella Oduah and Sea Petroleum and Gas Company Limited have been restrained from making any withdrawal from its account and those of three other companies domiciled with…
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N40m wildlife feeding budget, $2.5bn loan | The 5 numbers that mattered this week
N40 million - The amount of money set aside in the 2017 National Budget for feeding and maintenance of wildlife in Aso Rock Presidential Villa. N775 million - The Federal…
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“Govt agencies, military owe power distribution companies N88bn”
Government Ministries, Departments and Agencies (MDAs) owe power distribution companies N88.6bn, Association of Nigerian Electricity Distributors has said. Executive Director, Research and Advocacy, Sunday Oduntan said the distribution companies will…
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Why I want my money from Kibati Bankole – Daddy Freeze
Popular Cool FM OAP, Daddy Freeze has revealed what transpired between him and female sports presenter, Kibati Bankole. Last week, Freeze had called out Kibati on Instagram for owing him…
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Opinion: The many dangers of senseless debts
by Jide Ojo It is no longer news that the country’s economy is in recession. Many Nigerians are cash-strapped. This is as a result of salaries and wages not being…
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[The Presidential Blog]: Dear DMO, please DPMO
I was going to start by saying "it appears that these people do not get it". But then as I typed the words and read them myself, I realised that…
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National Library owes N508m rent, faces eviction
Chief Executive Officer of the National Library of Nigeria, Prof. Lanre Aina has revealed that the agency may be evicted from the building it occupies as it owes N508 million…
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The Thread: #TenCashCommandments
Every other day, a tweep puts out a thread on a subject matter of their contemplation. Today, it is Audu Maikori (@Audu), the Chocolate City Entertainment president dispensing advice on money…
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National Theatre in total darkness over N9m power debt
The Eko Electricity Distribution Company Plc (EKEDC) on Sunday said electricity supply to the National Arts Theatre in Lagos was disconnected because its management failed to pay over N9 million…
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Kalu Aja: The good, the bad and the responsible; managing your debts (Y! Naira&Kobo)
by Kalu Aja Debt Management So this lesson, we will discuss borrowing and debt and how to go about it responsibly. When you borrow you go into debt, your liabilities…
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Nigeria owes ECOWAS $694,000 in levies, dues
Nigeria is owing the Economic Community of West African States (ECOWAS) a year's worth of levies amounting to $694, 000, the regional organization says. According to PRNigeria, ECOWAS is facing financial…
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After Silverbird, AMCON takes over Afrijet over N10bn debt
Asset Management Corporation of Nigeria (AMCON) has been granted an interim injunction against Afrijet Airlines Limited - a company owned by Vitalis Ibe. The injunction was granted by Justice Chuka…
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THISDAY Dome taken over by FCT Administration
The investment company of the Federal Capital Territory Administration, on Friday took over the THISDAY Dome, in Abuja. The takeover of the popular events centre is in compliance with a…
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N50bn debt: Court grants AMCON control of Jimoh Ibrahim’s assets
Assets belonging to businessman, Jimoh Ibrahim will be taken over by the Asset Management Corporation of Nigeria as a federal high court sitting in Lagos has granted an interim injunction…
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Secret account, lavish living and other sins of Fayose… according to the APC
The Ekiti state All Progressives Congress (APC), on Monday, lambasted the state Governor, Ayodele Fayose for plunging the state into needless crisis, saying that Fayose's governance was “an unconscionable and…
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Shocker! Kanye West reveals he’s $53 million in ‘personal debt’
After organising the most watched and talked about fashion/music event of the year, Kanye West has revealed that he's swimming in a 53 million dollars pool of personal debt. Kanye…
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The September Standard
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- How Your Diet Could Be Making Your Snoring Worse
- Celebrating Nigerian Trailblazers: Inspiring Women in Fashion
- Silk: Unraveling Threads of Elegance and Innovation
- Grammy Awards 2024 Red Carpet Fashion: Hits and Misses that Stole the Spotlight
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
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