Category : Search result: Debt Management Office


Nigeria starts N185bn gas legacy debt repayment

The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.

N185bn Approved to Settle Gas Debts for Power Boost

The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.

FG to Clear N4tr Road Contractors' Debt by Dec 20

The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.

Warlord: Olori Ogun Hits N47m Box Office Opening

Odunlade Adekola's new film 'Warlord: Olori Ogun' makes a massive N47 million in its opening weekend. Read about the star-studded premiere and FilmOne's push for indigenous storytelling.

10 Unspoken Rules for Your Office End-of-Year Party

Heading to your office end-of-year party? Follow this unspoken code of conduct to enjoy the night, stay professional, and avoid next-day embarrassment. Essential tips for Nigerian professionals.

Contractors Protest N760bn Debt, Disrupt Ministry

Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.

National Debt Rises to N152.4 Trillion

Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.

Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Kenya: Economic Crisis & Political Unrest Deepen

Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?

Zamfara Settles N67m Debt for 436 Freed Inmates

Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.

SERAP: DSS Illegally Invaded Our Abuja Office

SERAP reiterates DSS unlawfully invaded its Abuja office during court proceedings. Organization stands by sworn statements alleging fake names, unmarked vehicles used. Read full details.

Africa's $163bn Debt Crisis Needs EU Action

African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.

Abia Seals Tinubu's Campaign Office in Umuahia

Abia State government has sealed President Tinubu's campaign office in Umuahia for violating tax laws. The action was taken by the Ministry of Lands and Housing on November 25. Read full details.

Abia seals Tinubu's campaign office over tax law

Abia State Government has sealed President Tinubu's Renewed Hope Partners campaign office in Umuahia for violating tax laws. Officials cited Sections 41 and 100 of State Tax Law No. 7 of 2020.

SERAP: DSS unlawfully invaded our Abuja office

SERAP reaffirms DSS unlawfully invaded its Abuja office in September 2024. The organization provides evidence of false identities and unmarked vehicles used during the intrusion.

Page 2 of 4