Tag: Debt
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Conoil Battles Debt Rise as Q1 2025 Profit Drops with Skyrocketing Interest Cost
Conoil Plc started the year on unsteady feet with a colossal 93 percent fall in pre-tax profit in the first quarter of 2025 to...
Urging Banks To Settle USSD Debt To Prevent Telecom Companies From Passing Costs Onto Consumers
The prolonged financial dispute between Nigerian banks and telecom providers over unpaid USSD fees has reached a crisis point. Telecom operators, including MTN, Airtel,...
FG Issues Six-Month Deadline To Banks, Telcos Over N250bn USSD Debt
Deposit Money Banks and Mobile Network Operators have received a definitive mandate from the Nigerian Communications Commission and the Central Bank of Nigeria to...
Matawalle Dares Governor Lawal to Swear by the Quran Over Banditry Claims
Hello and welcome! In today's trending news stories;
1. Former Zamfara State Governor and current Minister of State for Defence, Bello Muhammad Matawalle, challenged Governor...
Nigeria’s Treasury Bills debt hits historic high of N10.4 trillion
Data from the Debt Management Office (DMO) shows that Nigeria's total Treasury Bills (T-Bills) debt is N10.4 trillion, a 60% increase in just three...
