Category : Search result: GenCos debt crisis


Obaseki Denies N600B Debt: 'Political Fiction'

Edo State Governor Godwin Obaseki vehemently denies allegations of leaving massive debt, calling it political propaganda. Get exclusive insights into the financial facts and the governor's explosive response.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

BRIPAN Reforms Nigeria's Insolvency Practice Nationwide

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re

Sudanese Women Describe Mass Rape Fleeing El Fasher

Disturbing eyewitness accounts emerge from Sudan as women and girls describe systematic sexual violence while fleeing conflict in El Fasher. Survivors reveal how armed men preyed on vulnerable civilians.

Nigeria-China relations face major overhaul

Nigeria reevaluates its partnership with China amid mounting debt worries and environmental impact concerns. Discover how this strategic shift could reshape bilateral relations.

NASS Loan Approval: Why Nigerians Shouldn't Worry

Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.

Osun 2026: PDP, APC Clash Over Party Crisis

Political tension escalates in Osun State as PDP and APC trade accusations over internal party crisis ahead of 2026 governorship election. Get the latest on the brewing political storm.

Nigerians Demand Loan Accountability in 2025 Budget

As Nigeria prepares for its ₦41 trillion 2025 budget, citizens are calling on National Assembly members to ensure proper oversight of executive borrowing and prevent unsustainable debt accumulation.

Nigeria's Economic Crisis: Experts Sound Alarm

Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.

AI Giants Accumulate Massive Debt in Tech Race

Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.

Nigeria Stroke Crisis: Experts Sound Alarm

Medical specialists across Nigeria are raising urgent concerns as stroke cases surge nationwide. Discover the warning signs, risk factors, and prevention strategies to protect yourself and loved ones from this growing health crisis.

Nigeria loses ₦4.5B to hospital infections yearly

Shocking report reveals how preventable healthcare-associated infections drain Nigeria's economy of billions while putting patients at risk. Discover the silent crisis in Nigerian hospitals.

Nigerian Lady's UK Visa Expiry Crisis Goes Viral

A Nigerian woman living in the UK shares her heartbreaking story as her visa approaches expiration, sparking widespread discussion about immigration challenges and the 'Japa' movement.

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