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All posts tagged "debts"

  • FG reduces debts owed marketers on oil subsidy to N971bn – Minister

    The Federal Government said on Monday that it reduced debts owed marketers on oil subsidy from N2.2 trillion in 2011 to N971 billion in 2012. The information is contained in a statement issued from the office of...

    • Posted September 24, 2013
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  • No agreement with ETI over N1.6bn debt – AMCON

    Asset Management Corporation of Nigeria, Thursday, said it is in advanced discussions with Mr. Kolapo Lawson, Chairman, Ecobank Transnational Incorporated, ETI, over the repayment of a N1.6 billion loan, and also debunked claims that it has reached...

    • Posted July 19, 2013
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  • Ikeja Electricity Company offers free pre-paid metres to debt-free consumers

    Ikeja Electricity Distribution Company, yesterday announced free pre-paid metres for consumers who had settled their outstanding bills. The Chief Executive Officer, CEO, of the company, Mr Chris Akamnonu, told the News Agency of Nigeria, NAN, in Ikeja...

    • Posted June 13, 2013
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  • DMO sets borrowing limit at 40% of GDP

    The Debt Management Office has set the nation’s borrowing limit at 40 per cent of the Gross Domestic Product. The Director-General, DMO, Dr. Abraham Nwankwo, said this at the ‘Debt Sustainability Workshop’, which opened in Abuja on...

    • Posted May 14, 2013
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  • Uncertainty over sack of Aero’s HR director

    There were indications on Monday that the Director of Human Resources at embattled carrier- Aero Contractors, Mrs Temitope Fagbemi, may have been fired. She is believed to have caused the recent turmoil that forced the company to...

    • Posted April 9, 2013
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