Nigeria’s Debt Rises To $84bn Under Buhari - PRP   Malam Falalu Bello has raised the alarm over skyrocketing debt profile under President Muhammdu Buhari, rising from $10 billion in 2015 to $84bn. Bello was at different times the managing director of Unity, Habib and Intercity...

Nigeria Set to Overturn P&ID’s $9.6bn Claim …As UK Court okays FG’s Plea   The Nigerian Government has moved closer to overturning the US$9.6 billion judgement debt awarded against it in favour of Process and Industrial Development Limited (P&ID) by a United Kingdom court in what is...

AMCON Solicits Judiciary’s Support To Recover N5.4trn Debt   the Asset Management Corporation of Nigeria is seeking the support of the judiciary to recover over N5.4tn debt owed the corporation by chronic debtors. The Managing Director/Chief Executive Officer, AMCON, Mr Ahmed Kuru, said this at the 2019...

AMCON’s Debt Could Be N6.6trn By 2024   A Legal consultant and Senior Partner, Olaniwun Ajayi -LP, Muyiwa Balogun has said the Asset Management Corporation of Nigeria (AMCON) debt could rise to N6.6 trillion by 2024 from current N5 trillion if unchecked. Balogun who spoke in Abuja,...

AMCON’s Debt May Hit N6.6trn By 2024   The debt of the Asset Management Corporation of Nigeria (AMCON) may rise from the current value of N5trn to a N6.6trn by 2024. A legal consultant and Senior Partner, Olaniwun Ajayi -LP, Mr Muyiwa Balogun, who said this, noted...

AMCON Charged On Recovery Of N5trn Debt   The Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the Asset Management Corporation of Nigeria (AMCON) to do everything with the powers of its newly amended Act to recover the huge debt owed the corporation by a...