FG, Fidelity Bank, AMCON take over five DISCOs over debts
The Nigerian government in conjunction with Fidelity Bank and AMCON have taken over the affairs of five electricity distribution…
Browsing Tag
Debts
AMCON takes over Aeroland Travels’ assets over N1.8bn debt, company reacts
The Asset Management Corporation of Nigeria said it had
Strike: Buhari pledges to pay genuine debts owed doctors, other health…
President Muhammadu Buhari has called on health workers, including members of the National Association of Resident Doctors (NARD)…
Banks USSD debts to telcos hit N47 billion
The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service…
Nigeria serviced debts with N1.6trn in six months
The federal government expended the sum of N1.6 trillion on debt servicing in the first six months of the year, according to Mr…
NNPC pays $1b cash call debts to IOCs
The Nigerian National Petroleum Corporation (NNPC) on Thursday said it has maintained commitment to repayment of cash calls…
N5.4tn debts: We’ll take over your assets if you don’t pay,…
The Asset Management Corporation of Nigeria has said that there will be no more room for negotiation with debtors as it is now set…
How huge debts, uncompleted projects inherited from Lamido almost made me…
Governor Abubakar Badaru of Jigawa State on Monday said he nearly abandoned his job after going through huge debt profile and…
AMCON takes over Sen Oduah’s companies, other assets over unpaid debts
The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to…