Category : Search result: NMDPRA debt


FG Suspends 15% Fuel Import Duty, Price Crash Looms

The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.

Nigeria suspends 15% import tax on fuel

Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.

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.

Dangote Refinery Withdraws Lawsuit Against NMDPRA

In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.

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.

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

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.

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.

Nigerians Demand Loan Accountability in 2025 Budget

As Nigeria prepares for its ₦41 trillion 2025 budget, citizens are calling on National Assembly members to ensure proper oversight of executive borrowing and prevent unsustainable debt accumulation.

AI Giants Accumulate Massive Debt in Tech Race

Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.

Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each

Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.

Court Freezes Nestoil Assets in $1B Debt Case

Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.

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