The debt concentration in the books of Asset Management Corporation of Nigeria (AMCON) remains heavy in few hands, as the agency indicated that 350 persons owe...
Nigerian hip-hop singer, David Adeleke, better known as “Davido”, is a fresh scandal. This time, the popular singer allegedly issued a dud cheque to an auto...
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 debt restructured...
The Federal Inland Revenue Service (FIRS) has sealed off Gracecourt Hotel & Suites, belonging to Sam Egwu, former governor of Ebonyi state. The revenue-collecting agency shut...
Justice Aishat Opesanwo of the Ikeja Division of the Lagos High Court has ordered that processes in suit number ID/ADR/207/2016 instituted against a leader of the...
A pharmaceutical company, Pharma-Deko Plc, has approached the Federal High Court in Lagos seeking the winding up of Guinness Nigeria Plc over an alleged debt of...
The Asset Management Corporation of Nigeria on Wednesday said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it...
The Zamfara state government house in Gusau has remained in darkness following the disconnection of electricity supply to the premises by the Kaduna Power Holding Company....
The Asset Management Corporation of Nigeria (AMCON) says Arik Airline’s debt is more than N300bn and that a large part of it is taxpayers’ funds. The...
A Federal high court sitting in Lagos, south west Nigeria has ordered interim attachment of all funds and stakes accruable to an Oil company, Enageed Resources...