AMCON pays N3.6tn to CBN, hits 87% recovery rate
Nigeria's AMCON has repaid N3.6 trillion to the CBN, achieving an 87% recovery rate. CEO Gbenga Alade reveals plans to trace global assets of debtors. Read the full report.
Nigeria's AMCON has repaid N3.6 trillion to the CBN, achieving an 87% recovery rate. CEO Gbenga Alade reveals plans to trace global assets of debtors. Read the full report.
Heading to your office end-of-year party? Follow this unspoken code of conduct to enjoy the night, stay professional, and avoid next-day embarrassment. Essential tips for Nigerian professionals.
Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
Indigenous contractors protest at Nigeria's Finance Ministry over ₦500 billion unpaid debts, accusing the government of reneging on promises. They demand payment to save jobs and businesses.
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
Olisa Agbakoba Legal urges FG to implement maritime reforms, unlocking N70 trillion yearly to service Nigeria's N152.4 trillion public debt and stop massive revenue losses.
African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.
Social media activist VeryDarkMan opens his Ratel office in Abuja, giving a full tour. Discover the structure's purpose and public reactions to this new civic space.
Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?
Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.
A Nigerian couple borrowed $88,000 for their wedding and will repay $158,924 over 17 years. Shocking details revealed by friend spark wedding cost debate.
Former Ethiopian PM warns G20: Africa spends $90B on debt servicing while climate finance falls short. Debt relief essential for global climate security. Read more.
Nigerian contractors under ANC appeal to President Tinubu for payment of debts owed since January 2024. They face financial crisis ahead of Christmas due to heavy bank interests.
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
SERAP reiterates DSS unlawfully invaded its Abuja office during court proceedings. Organization stands by sworn statements alleging fake names, unmarked vehicles used. Read full details.
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
Abia State government has sealed President Tinubu's campaign office in Umuahia for violating tax laws. The action was taken by the Ministry of Lands and Housing on November 25. Read full details.
Abia State Government has sealed President Tinubu's Renewed Hope Partners campaign office in Umuahia for violating tax laws. Officials cited Sections 41 and 100 of State Tax Law No. 7 of 2020.
SERAP reaffirms DSS unlawfully invaded its Abuja office in September 2024. The organization provides evidence of false identities and unmarked vehicles used during the intrusion.
Rivers State Government acquires 65,757.74m² land in Igwuruta for REWAMA waste disposal project under public interest. Read details on the Land Use Act invocation.
Discover 25 elegant corporate gown styles perfect for Nigerian workplaces. From Ankara designs to sheath dresses, elevate your office wardrobe with these fashionable options.
Wicked: For Good makes musical history with a $226 million global debut, becoming 2025's fourth-biggest opening and revitalizing Hollywood's box office.
NBA Bwari's Human Rights Committee demands VIO officers immediately leave FCT roads, citing Federal High Court order. Agency faces contempt proceedings if non-compliant within 7 days.
The G20 summit in South Africa endorsed a declaration focusing on critical minerals, climate finance, and debt relief for developing nations. Discover the key outcomes.
Federal Government through NUC bans honorary doctorate awards to serving politicians. 10 office holders honored in 2025 despite 2012 Keffi Declaration. Read full details.
Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.
A Nigerian woman's N16,000 loan from a mobile app escalated to N365,000 repayment demand. Discover the shocking details and public reactions to this predatory lending case.
Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.
UK Home Secretary announces radical migration reforms, proposing to strip benefits from non-citizens and extending the settlement wait from 5 to 10 years. Learn the full implications.