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Debt Recovery

Vice President Yemi Osinbajo on Wednesday presided over the weekly virtual meeting of the Federal Executive Council (FEC) at the State House, Abuja, a day after President Muhammadu Buhari left for a two-week medical check up in London, United Kingdom.

FEC approves N30.77 billion for power, aviation, transport, others

The Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo, has approved the sum of N30.77 billion for various projects which include power, aviation, transport, roads and electricity.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate moves to recover N16 trillion AMCON loans

The Senate, Tuesday, considered a critical bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) in the aspect of assets recovery, as well as strengthen it against economic sabotage by debtors with unpaid loans to the tune of about N16 trillion naira.
COVID-19 vaccines coming into Nigeria must come through the Nnamdi Azikiwe International Airport (NAIA) Abuja or they would be declared illegal and immediately confiscated, the Federal Government has announced.

FAAN seeks suspension of 25% contributions to federation account

The Federal Airports Authority of Nigeria (FAAN) has called for the stoppage of its 25 per cent revenue contribution to the Federation Account to enable it address some infrastructure gaps.

NEXIM Bank: N68 billion export fund disbursed to 68 beneficiaries

The Nigerian Export Import Bank (NEXIM) says it has disbursed N68.01 billion to 68 Nigerian entrepreneurs in the the last three years under its Export Development Fund.

Lekki estate landlords sue AMCON over ‘disregard’ for court orders

Residents and landlords of Victory Park Estate, Lekki, Lagos State, have accused the Asset Management Corporation of Nigeria AMCON, of harassment over their property despite pending court cases and orders.
Seplat Petroleum Development Company

Seplat asks privileges committee to sanction senior advocate

Seplat Petroleum Development Company has asked the Legal Practitioners Privileges Committee (LPPC) and the Legal Practitioners Disciplinary Committee of the Nigerian Bar Association (NBA) to sanction a Senior Advocate of Nigeria, Mr. Kunle Ogunba, for alleged gross misconduct and unethical practices contrary to the Rules of Professional Conduct for Legal Practitioners 2007.
Ahmed Kuru, managing director-CEO of the Asset Management Corporation of Nigeria (AMCON) says AMCON may disengage asset management partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by the corporation.

AMCON may disengage asset management partners slow in recovering N740bn debt

Ahmed Kuru, managing director/CEO of the Asset Management Corporation of Nigeria (AMCON) says AMCON may disengage asset management partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by the corporation.

Sterling bank intensifies debt recovery drive

Sterling Bank Plc has said it will always adopt amicable resolution or when necessary, drastic legal actions to achieve debt recovery outcomes. Such strategies include restructuring for accelerated payoffs and possible foreclosure or disposal of pledged assets of defaulting debtors.

Jigawa NSCDC records 423 cases in second quarter

The Nigeria Security and Civil Defence Corps, Jigawa Command, said on Saturday that it recorded 423 cases in the second quarter of 2018.

Ahmed Kuru: AMCON recovers N740bn from debtors in 2017

Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion from debtors in 2017.

Legal Aid Council in Kano receives 23 cases in one month – official

The Coordinator of the Legal Aid Council of Nigeria, Kano State Chapter, Alhaji Abubakar Umar, said on Tuesday in Kano that the council received 23 cases in the month of September, the highest in the year.

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A stalwart and national delegate of the Peoples Democratic Party, PDP, High Chief Higgins Oko Peter, has said the senator representing the Cross River North in the 9th Assembly, Senator Dr Stephen Odey, will deliver effectively with his intellectual capacity and experience.

PDP chieftain: Senator Odey will deliver effectively in Senate

A stalwart and national delegate of the Peoples Democratic Party, PDP, High Chief Higgins Oko Peter, has said the senator representing the Cross River North in the 9th Assembly, Senator Dr Stephen Odey, will deliver effectively with his intellectual capacity and experience.

CAF postpones World Cup qualifiers till September

The 2022 World Cup qualifiers involving the Super Eagles and other African teams have now been postponed to September from June.
The bill for the Chartered Institute of Forensic and Certified Fraud Examiners of Nigeria has scaled the First Reading in the House of Representatives .

House approves establishment of agric university in Plateau

House of Representatives has given its approval for the establishment of a federal university of agriculture, Sabon Gida in Langtang Federal Constituency of Plateau State.
William Troost-Ekong is in buoyant mood following Watford’s impressive 1-0 away win against Norwich City on Tuesday.

William Troost-Ekong: Watford’s promotion better than Olympics, World Cup

William Troost-Ekong says playing a key part in Watford’s promotion to the Premier League remains the major highlights of his career.
Gov. Ifeanyi Okowa of Delta on Friday, swore in three new Customary Court of Appeal Judges for the state.

SSG: Delta tackling insecurity through job, wealth creation

Delta State Government has stated that the increasing state of insecurity in the country is largely due to massive unemployment.

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Mikel Arteta says he has had to adapt his tactical approach much more than he expected since taking over as Arsenal boss, due to the composition of his squad.

Mikel Arteta will be sacked if…

Arsenal manager, Mikel Arteta could be sacked 10 games into next season if a summer overhaul fails to deliver results, talkSPORT have been told.

Suspected herdsmen kill 19 people in Benue

Suspected Fulani herdsmen have attacked some communities in Gwer West Local Government Area of Benue State and killed no fewer than 19 people, among them were children.
Governor Hope Uzodinma of Imo, on Sunday, announced that three coronavirus patients have been discharged after treatment in Imo State.

Imo attacks: investigation to unmask sponsors at advanced stage – governor

The Imo state governor, Senator Hope Uzodinma, yesterday said that the process to unmask the sponsors of the series of attacks in Imo, have gotten to the advanced stage.
Dr Benson Bana, Tanzanian High Commissioner to Nigeria, said this known on the sidelines of the Tanzania-Nigeria Tourism, Investment and Trade (TN-TIT) forum, on Tuesday in Abuja.

Tanzanian envoy: Nigeria’s visa policy worthy of emulation in Africa

The new Nigeria Visa Policy 2020 (NVP 2020) is worthy of emulation in Africa.
Carlo Ancelotti insists a European Super League ‘cannot happen’ and believes a relaxing of Financial Fair Play rules ‘could be a good step’.

Carlo Ancelotti: Everton missed big opportunity in race for Europe

Everton manager, Carlo Ancelotti, said Saturday’s 2-1 Premier League loss to Aston Villa had dented their chances of European football next season and hoped their poor home form would not prove too costly at the end of the season.