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All posts tagged "indebtedness"

  • FAAC shares N518.389bn amid Minister, Commissioners row

    After several days of inconclusive deliberations, the Federation Accounts and Allocation Committee (FAAC) eventually shared  N518.389billion to the three tiers of government for the month of March. The meeting had been delayed following the absence of the...

    • Posted April 14, 2013
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  • Bayelsa, six other states fail DMO’s solvency test

    Bayelsa and six other states in the country have failed the domestic debt sustainability analysis undertaken by the Debt Management Office (DMO). According to the report, which the DMO board, headed by Vice President Namadi Sambo met...

    • Posted March 18, 2013
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  • Alleged N13.9bn debt: You are lying, AMCON tells Babalakin

    Asset Management Corporation of Nigeria, AMCON, Wednesday, said that claims by Chairman of Bi-Courtney Limited, Dr. Wale Babalakin, SAN, that he was not indebted to the agency, was untrue and accused him of lying to the whole...

    • Posted February 14, 2013
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  • I’m not indebted to AMCON – Babalakin

    Bi-Courtney Limited (BCL) yesterday refuted claims that it owes the Asset Management Corporation of Nigeria (AMCON) N13.9 billion. According to BCL’s Chairman, Dr. Wale Babalakin, who addressed a press conference at the same premises purportedly taken over...

    • Posted February 12, 2013
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