Court awards N20.7bn against petroleum marketer
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Category : Search result: federal government debt
South Africa Hosts G20 Summit as US Boycotts Event
South Africa hosts crucial G20 summit focusing on debt relief for developing nations as US President Trump boycotts. Key discussions on climate financing and global inequality.
Chinese Property Executive Detained in Indonesia Over $138M Debt
Indonesian authorities detain Chinese property executive WZ wanted for $138 million loan default. The fugitive had been moving through Asian nations since August. Read full details.
Senate Screens 38 FCC Nominees for Fairness
Nigerian Senate screens 38 FCC nominees, vows to uphold federal character principles for equitable resource distribution. Report expected soon for final confirmation.
Senate okays N1.15trn loan for 2025 budget deficit
The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.
Trump Signs Deal to End US Government Shutdown
President Trump signs legislation ending the 43-day US government shutdown, allowing federal workers to return and restoring critical services ahead of Thanksgiving.
Lady Displays ₦214,000 Loan App Debt, Seeks Help
A Nigerian TikTok user shares her ₦214,000 debt struggle with loan apps, tracing financial woes back to 2020. Discover her story and similar experiences.
Court freezes Indian businessman's assets over ₦9.5B debt
Federal High Court in Lagos issues restraining order against multiple banks from dealing with Indian businessman and his companies amid massive debt dispute with Nigerian firm.
CAS Vows Full Implementation of Tinubu's Directives
The Civil Service Commission pledges complete adherence to President Bola Tinubu's reform agenda, promising transformative changes in Nigeria's public service sector.
Amnesty slams Nigeria's Southeast security failure
Amnesty International exposes alarming security failures in Nigeria's Southeast as federal government faces criticism for ignoring escalating violence and human rights abuses.
Nigeria Sells $2.35B Eurobond to International Investors
The Federal Government of Nigeria has successfully raised $2.35 billion through Eurobond sales, attracting strong international investor confidence despite global economic challenges.
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.
Nigeria's $2.25B Eurobond Oversubscribed by 400%
International investors demonstrate overwhelming faith in Nigeria's economy, oversubscribing the latest Eurobond offering by 400% despite global market uncertainties.
National Assembly Scrutinizes Tinubu's ₦1.15T Loan Request
Nigerian lawmakers launch thorough investigation into President Tinubu's controversial ₦1.15 trillion loan proposal amid growing economic concerns and public scrutiny.
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
US Government Shutdown Breaks Record as Longest Ever
The United States government shutdown has officially become the longest in history, surpassing 35 days and causing widespread disruption across federal services and agencies.
Nigeria Gains China, ECOWAS Backing Against Trump Threat
Nigeria receives strong support from China and ECOWAS while Senate takes decisive action against Trump's threat to European Union. Federal Government collaboration intensifies.
Senate Probes Rail Derailments Amid Loan Debt Concerns
Nigerian Senate investigates alarming rail derailments while controversial new loan agreements spark national debt concerns. Full details on the parliamentary inquiry.
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.
Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan
President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.
FG Vows to Prevent Fresh ASUU Strikes
Nigerian government pledges to address university issues proactively as Education Minister Tahir Mamman declares zero tolerance for academic disruptions.
Nigeria's Constitution Forbids Religious Persecution - FG
Federal Government clarifies constitutional stance on religious freedom, addresses concerns about rights violations and international perceptions in Nigeria.
Naira Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
Tinubu Appoints Five New Permanent Secretaries
In a strategic move to strengthen governance, President Bola Tinubu has appointed five new Permanent Secretaries to fill critical vacancies across key federal ministries in Nigeria.
Weather delays Lagos-Abeokuta road construction
Construction firm Hensek Engineering cites persistent rainfall as major obstacle slowing progress on critical Lagos-Abeokuta highway project, promising accelerated work during dry season.
Nigerians Question Tinubu's Loan Request Amid Doubts
Growing public skepticism surrounds President Tinubu's latest loan request as House of Representatives Deputy Spokesman Philip Agbese voices concerns about transparency and accountability.
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.
Nigeria's Cheapest Federal Universities - 2024 Guide
Discover Nigeria's cheapest federal universities where quality education meets affordability. Get the complete list of tuition fees and admission requirements for 2024.
Nigeria Accelerates Ogoniland Cleanup - Major Environmental Move
Federal Government takes decisive action to operationalize and sustain CEER's Ogoniland cleanup, marking significant progress in Nigeria's environmental remediation efforts.
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