Debt
- BRAND REPORT
Electricity: What FG’s N2 Trillion Debt Payment to GenCos means for Nigerians
By BRANDECONOMY Business Desk The Big Picture The Nigerian Federal Government has announced plans to pay ₦2 trillion to power…
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Electricity: Pay us our 4trn debt, GenCos cry out to FG, stakeholders
The Power Generation Companies (GenCos), have cried out to the Federal Government and stakeholders in the power sector to settle…
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Debt: NCC grants MTN approval to disconnect Exchange Telecommunications
The Nigerian Communications Commission (NCC) has approved the disconnection of Exchange Telecommunications Ltd. from MTN Nigeria network due to the…
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NNPC Ltd. faces financial challenge from PMS supply costs, threatens fuel supply
The Nigerian National Petroleum Company Limited (NNPC Ltd) is experiencing financial challenges, which has put considerable pressure on the company…
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Nigeria’s debt-to-GDP within World Bank/IMF ceiling, says DMO
The Debt Management Office (DMO), says Nigeria’s debt-to- Gross Domestic Product (GDP) – debt-to-GDP- ratio is within the specifications of…
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DMO says Nigeria’s debt stock now N121trn
The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March. The…
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International Breweries explains its rights issue offer
International Breweries Plc says it is initiating a rights issue to settle a dollar-denominated loan, which has been exerting downward…
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How Nigeria’s debt stock rose 75% to N87.38trn in Q2 2023 – NBS
Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars ) in the first quarter of 2023 to N87.38…
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FG urges MDAs to intensify debt recovery drive
The Federal Ministry of Finance, Budget and National Planning has urged all federal Ministries, Departments and Agencies (MDAs) to key…
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Nigeria’s Public debt hits N49 trillion
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30…
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