By Aluta News April 26, 2022 The 36 State Governors have prayed a Federal High Court in Abuja to restrain the Federal Government from approving the deduction of any money accruing to the states from… 36 State Governors pray court to stop $418m Paris Club debt deductions
By Aluta News Mar. 18, 2022 The total debt stock of Nigeria is likely to reach N45 trillion as the Debt Management Office (DMO) plans to borrow additional N6.39 trillion to finance the 2022 budget… Nigeria’s public debt set to peak at N45tn in 2022
By Aluta News Dec. 14, 2021 The Debt Management Office (DMO) has stressed the need for the Federal Government to increase revenue drive to reduce the country’s debt profile and reduce fresh borrowing. The Director… DMO harps on increased revenue drive to reduce borrowings
By Aluta News Dec. 10, 2021 A Federal High Court, Abuja, has threatened to grant an Asset Management Corporation of Nigeria (AMCON) suit, seeking an order to freeze the Adamawa State Government’s salary accounts over… Court threatens to freeze Adamawa govt’s salary accounts over N84m debt
By Aluta News Dec. 03, 2021 Sen. Uba Sani, Chairman, Senate Committee on Banking, Insurance and other Financial Institutions has decried that prominent Nigerians were “frustrating” the effort of the Asset Management Corporation of Nigeria… N4.4trn debt: Some prominent Nigerians delaying AMCON’s recovery effort-Senate
By Aluta News Oct 12, 2021 Low-income countries’ debt rose by 12 per cent to 860 billion dollars in 2020, the International Debt Statistics (IDS) 2022 report of the World Bank says. The report was… Low-income countries’ debt rises to $850bn in 2020- World Bank report
By Aluta News July 27, 2021 Eko Electricity Distribution Company (EKEDC) has urged the National Assembly to intervene in the repayment of the N21 billion outstanding debt owed the DisCo by Ministries, Departments and Agencies… Eko Disco seeks NASS intervention in N21bn debt by MDAs
By Aluta News July 15, 2021 The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, has cautioned members of the public not to drag the commission into business transactions gone awry.… EFCC is not a debt recovery agency -Bawa