May 06
Nigeria: 10 Days After, EFCC Detains 19-Yr-Old Varsity Student Over Mum's Debt
Leadership
The Economic and Financial Crimes Commission (EFCC) has arrested and detained a 300-level Nursing student of Babcock University, Ilishan-Remo, Ogun State, Miss Oluwateniola… Read more »
May 05
Africa: African Countries Can't Resolve Their Debt Crisis Under a System Rigged Against Them [analysis]
The Conversation Africa
The debt situation in many African countries has escalated again to a critical juncture. Twenty are in, or at risk of, debt distress. Read more »
Nigeria: Fitch Raises Nigeria's Debt Rating Outlook to Positive
Leadership
Nigeria's debt rating outlook was lifted by Fitch Ratings to positive from stable, six months after it said that reform progress since President Bola Tinubu came to power in May of… Read more »
May 01
Namibia: Walvis Bay to Probe Redforce Over Debt Collection Contract
Namibian
Walvis Bay municipality lawyer Richard Metcalfe has issued a statement saying the municipality will investigate how RedForce Debt Management got a debt collection contract with the… Read more »
April 30
Nigeria: Oil Marketers Threaten Nationwide Strike
This Day
The Chairmen, Forum of the Independent Petroleum Marketers Association of Nigeria (IPMAN) Tuesday threated to embark on a nationwide strike over the N200 billion bridging debt owed… Read more »
April 25
Nigeria: Sale of Discos...Experts, Labour Want Debt-Ridden Firms Unbundled
Leadership
Ahead of the federal government's plan to sell the electricity distribution companies (DisCos) under the management of banks and the Asset Management Company of Nigeria (AMCON),… Read more »
April 23
Nigeria: Power Outage - TCN Seeks Increased Funding, Payment of Outstanding Gas Debt
Leadership
The managing director, Transmission Company of Nigeria (TCN) Abdulaziz Sule has urged the Senate Committee on Power to assist in raising funds for the completion of over 120… Read more »
April 21
Nigeria: Claim 45 Percent of Kaduna State's Debt Borrowed Before El-Rufai's Administration Inaccurate
Daily Trust
Claim: An X user claimed that 45 per cent of Kaduna State's debt was borrowed before Governor Nasir El-Rufai was elected in 2015. Read more »
April 17
Nigeria: Debt Crisis - Kaduna Assembly Begins Probe of El-Rufai
Leadership
Kaduna State House of Assembly has set up a 13-man ad-hoc committee to investigate financial transactions, loans, grants and projects executed by the of Mallam Nasir el-Rufai… Read more »
April 16
Africa: IMF Executive Board Endorses Reforms to Promote the IMF's Capacity to Support Countries Undertaking Debt Restructurings [document]
IMF
The Executive Board of the International Monetary Fund (IMF) endorsed today the recommendations of the IMF staff paper "Policy Reform Proposals to Promote the Fund's Capacity to… Read more »
April 15
Africa: Leaders Need to Break the Chokehold of Debt and Austerity. Our Health Depends On It
IPS
As leaders gather for the Spring Meetings of the IMF and World Bank amid the cherry blossom trees of Washington, DC, there is some good news to celebrate. Read more »
April 11
Namibia: City of Windhoek Extends Deadline for Pensioners' Debt Relief Registration
Namibia Economist
The City of Windhoek (CoW) has extended the deadline for pensioners to register for debt relief until May 31. Read more »