TCN,KEDCO Disagree Over Debt   The Transmission Company of Nigeria on Monday said it was not indebted to Kano Electricity Distribution Company. It also stated that the claim by KEDCO that the TCN flouted the power market rules was false, adding that the transmission company did not...

FG, States' Debt: MPC Members Raise Concern   Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed concerns over the rising debts owed by the Federal Government and states in the country. The MPC members voiced their concerns at the last...

Nigeria’s Problem Is Revenue, Not Debt, Says Zainab Ahmed   Minister of Finance, Zainab Ahmed, has said that Nigeria does not have a debt problem, despite misgivings amongst experts over the country’s rising debt profile. Ahmed, who decried what she termed ‘insensitivity’ concerning the country’s debt situation,...

Debt: FSDH Advises FG To Issue Zero-coupon Bonds The FSDH Merchant Bank has suggested that the Federal Government should consider issuance of zero-coupon bonds to manage the high interest expenses on the debt. It stated this in its monthly economic and financial markets outlook titled, ‘Economy...

Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation … High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo .… Low Indebted States: Yobe, Jigawa, Kwara, Ondo, Ebonyi Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and...

35m Subscribers May Be Disconnected Over N180 billion Debt Owed By Operators • NCC grants MTN, Airtel, ATC approval to disconnect debtor firms   The Nigerian Communications Commission (NCC) has granted disconnection approval to mobile network operators (MNOs) to disconnect owing colleagues over rise in interconnect debt...