17 Jun 2022
The Federal Capital Territory Administration (FCTA) has inaugurated a coordinating committee to recover ground rents of N29,506,643,943.98 owed to the administration by property owners in Abuja.
12 Oct 2021
With the downturn in economic activities, it is increasingly difficult for companies to raise finance through external sources.
3 May 2019
Popular Nollywood actor, Alexx Ekubo has had it up to his neck with debtors and he is letting his frustration known by taking to Instagram to pen a message to them. The screen star who also doubles as a model threatened an unidentified debtor with witchcraft. According to him, the debtor has refused to pay up…
6 Apr 2017
The challenge of defaulting credits, which has put the banking system under pressure, may not end soon as financial institutions’ top 50 debtors owe N5.59 trillion (34 per cent) of total industry credit exposure of N16.29 trillion.