Tag: Debt

Coronavirus: World Bank calls for greater debt relief for poorer nations

Abdul Jimoh- August 19, 2020

World Bank President, David Malpass, said that a more ambitious debt relief plan is needed to save poorer countries from sliding into pandemic-induced “depression”. “This ... Read More

Debt Management Office Clarifies $29.9bn Loans Request

Arowobusoye Samuel- November 1, 2016

The Director-General of the Debt Management Office (DMO) Dr. Abraham Nwankwo on Tuesday provided clarifications on the proposed $29.9bn foreign loans request submitted to the ... Read More

President Muhammadu Buhari Receives Moroccan Special Envoy

Arowobusoye Samuel- July 14, 2016

President Muhammadu Buhari says the nation's Agricultural revolution drive is no longer a matter of speculation but of urgent necessity. R-L; President Muhammadu Buhari, Delegate ... Read More

Agriculture: GESSAN Gives Kudos To FG, Ogbeh over Accrued Debt Payment

Arowobusoye Samuel- July 14, 2016

The Federal ministry of agriculture has been applauded for its prompt effort in paying part of the money its predecessor owes the Growth Enhancement Support ... Read More

Two Cooperative Chiefs Get Two Years Imprisonment for N4m Fraud

Arowobusoye Samuel- February 24, 2016

EFCC Logo The Economic and Financial crimes commission, EFCC, secured another conviction on Wednesday, February 24, 2016 as Justice A. I. Kutigi of the High ... Read More

FG, Ghana Reach Agreement to Settle N33.8bn Gas Debt in February  

Arowobusoye Samuel- October 20, 2015

The GMD of the NNPC, Dr. Ibe Kachikwu (right), with President John Mahama (left) of Ghana at the meeting. The Federal Government has reached an ... Read More

Federal Government Bonds have been issued to 14 banks for the loans being owed by the 11 states

Suleiman Idris- August 22, 2015

The National Economic Council (NEC) said  that 11 out of the 22 states which met the criteria for the issuance of Federal Government Bond as ... Read More