Tag: debt
I will resign if there is proof I borrowed N56bn –...
With less than a year left in office, Ekiti State Governor, Ayodele Fayose, has promised to resign if anybody can prove that he borrowed...
World Bank denies disagreeing with Adeosun on foreign borrowings
The World Bank Group, on Wednesday, denied that the bank disagreed with Minister of Finance, Kemi Adeosun, over the borrowings by the Nigerian government...
CBN, NCC intervene in Etisalat crisis to save jobs, assets
Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted the telecom...
A home without cash
First Gentleman with Wilson Orhiunu
Email: babawill2000@gmail.com Twitter: @Babawilly
A home without money is like a country without a president. Citizens are thrown into confusion especially...
Ambode inherited a burden of debt – Tinubu
National Leader of All Progressives Congress (APC), Bola Tinubu on Wednesday poured accolades on the Governor of Lagos State, Mr Akinwunmi Ambode over his...
Embattled Etisalat mulls Nigeria exit after debt restructuring
Abu Dhabi telecoms group Etisalat may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2 billion loan, but wants the company's...
Etisalat in desperate talks to prevent takeover over $1.2bn loan
Etisalat Nigeria is in talks with a consortium of banks to renegotiate the terms of a $1.2 billion loan it took out four years...
5 warning signs your business is about to fail
It is never easy to run a business because you have to give up a lot of things to ensure its smooth running. There...
5 reasons your bank loan application may be denied
An important and viable avenue for businesses to generate capital/funds is via bank loans. Today in Nigeria, the measures for granting loans have been...
Stop blackmailing the government, Fashola warns DisCos
Minister of Power, Works and Housing, Babatunde Fashola, has warned electricity distribution companies (DisCos) in the country to stop blackmailing the Federal Government over...