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Debts

NSCDC treated 216 cases, recovered N28.5m debts in Katsina in 6 months – Spokesman

July 31, 2022 Promptnews 0

The Katsina Command of Nigeria Security and Civil Defence Corps (NSCDC) says it treated 216 civil and criminal cases between January and June. Spokesperson of […]

FCTA to seal up govt. offices, hotels to recover N10b waste collection debts –AEPB

April 18, 2022 Promptnews 0

The Abuja Environmental Protection Board (AEPB) says it may lockdown some government offices, hotels, Plazas and other business premises due to debts owed the board. […]

Financing Infrastructure: DMO Set to Issue N250bn Sovereign Sukuk

November 2, 2021 tech 0

By Tony Obiechina, Abuja The Debt Management Office (DMO) is set to issue another Sovereign Sukuk this year for an expected amount of N200 – […]

Borrowing: Finance Minister says not comfortable with criticisms

October 25, 2021 tech 0

By Tony Obiechina, Abuja Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has reacted to criticisms regarding borrowings by the Federal government. Speaking […]

Low-Income Country Debts Rise to $860bn in 2020 – World Bank

October 11, 2021 Promptnews 0

By Tony Obiechina, Abuja  Latest World Bank Report released on Monday indicates that governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary, […]

2022 Budget: FG Pegs GOEs Expenditures at 50%, threatens sanction

October 8, 2021 Promptnews 0

By Tony Obiechina, Abuja As part of measures to recover an aggregate revenue of N10.13 trillion to fund the 2022 Budget, Federal Government, has pegged […]

Foreign Debts: We are borrowing for Buhari’s Legacy Projects – FG

October 6, 2021 Promptnews 0

By Harry Awurumibe, Editor Abuja Bureau  Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has poured cold water on the arguments that […]

FEC approves N16.39trn 2022 Budget proposal for presentation to NASS Thursday

October 6, 2021 Admin 0

The Federal Executive Council (FEC) has approved the 2022 Appropriation Bill for an aggregate expenditure of N16.39 trillion for presentation to the National Assembly by […]

Bayelsa Assembly gives Gov. Diri nod to restructure loans

October 6, 2021 Admin 0

Gov. Douye Diri of Bayelsa has received the approval of the Bayelsa House of Assembly to restructure the state’s commercial debts with some banks, to […]

BEDC begins mass disconnection of illegal consumers in Edo

September 27, 2021 Admin 0

The Benin Electricity Distribution Company (BEDC) said it had begun mass disconnection of illegal consumers and those with other infractions that could hinder its smooth […]

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