Tag
PARIS CLUB
African bondholders have, for the first time ever, come together to form a unified negotiating bloc, a decisive step towards protecting the interests of its members.
The Supreme Court of Nigeria, Abuja has reversed the final forfeiture order made against N1,222,384,857.84 linked to Melrose General Services Limited, associated with the much-talked-about Paris Club Refund.
The Nigeria Governors Forum has disagreed with Abubakar Malami on the payment of consultants for the Paris Club refund, calling such payments illegal.
Did Nigeria make a good deal in paying cash to write off a debt that was made up primarily of interest and late payments?
A series of debt defaults will return Africa to the era of the 90s when poverty was rampant and nations defaulted on debt.
The Paris Club has suspended debt payments for 4 more nations which are Chad, Ethiopia, Pakistan and the Republic of Congo, to free up cash flow for the nations
While the wealthy countries are mobilising hundreds of billions of dollars in stimulus packages, most of the world’s poor nations essentially do not have the fiscal space to do much besides hope and ask for relief.
How many times have you had to bite your finger at the disappointment of passing up a business...
The Federal Government has released N243.79 billion as the second tranche of the Paris Club Refund to the...
State governors owing salaries and pensions may have cause to smile as the Federal Government has released N516.38...