Embattled Eko DISCO CEO opens up, exposes the rot she inherited
Embattled Managing Director and Chief Executive Of Eko Electricity Distribution Company (EKEDC), Dr. Tinuade Sanda on Wednesday formally opened up on allegations that she had been sacked due to poor…
Pay our members N901m debt owed them – IPMAN appeals to Soludo
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has again appealed to Gov. Chukwuma Soludo of Anambra to save members’ businesses from collapse by offsetting government indebtedness to them. IPMAN…
Nigeria’s total public debt now N87.91trn ($114.35bn) – DMO
The Debt Management Office (DMO) says Nigeria’s total public debt as at September 30, 2023 was N87.91trn ($114.35bn). The DMO, in a statement on Wednesday, said that the amount represented…
NNPC says claim of indebtedness to FG baseless; clears air on NEITI’s report
The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by…
What owners of Arik must do to get their company back – AMCON
The Assets Management Corporation of Nigeria (AMCON) has advised the Chairman of Arik Air, Johnson Arumemi-Ikide, to present a reasonable debt recovery plan in order to recover the airline. The…
Plateau: Lalong left behind a debt burden of N307bn, says Mutfwang
Gov. Caleb Mutfwang of Plateau says his administration inherited a debt burden of N307 billion from the immediate past administration of Simon Lalong. The governor disclosed this shortly after receiving…
Update: Actual debt Eroton oil chief, Onajite Okoloko, owes wife is $37m, N5.3b
As divorce battle shifts to Appeal Court NNPCL ponders a weigh in Fresh documents obtained by Political Economist NG have shown that the actual debt for which Nigeria’s oil magnate,…
Eroton oil chief, Onajite Okoloko, wife fight over $14m, N2.9bn debt
Nigeria’s oil magnate, Onajite Okoloko, and his estranged wife, Salma Okoloko, are currently at war over outstanding contract debt his company, Eroton Exploration and Production Company is owing his wife’s…
How Tinubu can grow economy, unite the nation – AfDB President Adesina
Dr Akinwumi Adesina, President, African Development Bank, has urged President-elect Bola Tinubu to ensure inclusiveness, fairness, equity, and justice when he assumes office. . Adesina, who spoke at a Lecture …
Kogi electricity consumers owe AEDC N22 billion – Official
Abuja Electricity Distribution Company (AEDC), Kogi Regional office has said that over N22 billion worth of energy is being owed by electricity consumers in the state. The Regional Manager, AEDC,…