Tag Archives: Debt

Union Bank of Nigeria Plc and its appointed receiver/manager, Gbenga Akinde-Peters have taken over landed property belonging to A-Z Petroleum Products Limited over the firm’s N5.2 billion debts. The take over of the property situated at Plot 3508 Cadastral Zone A06, Maitama District, Abuja, covered by a Certificate of Occupancy (C of O), dated September 7, 2005, with registration No. ...

The Anambra State Elders Council has asked the Federal Government to urgently refund the over N43billion debt confirmed as due to Anambra State for its expenditure on federal roads and bridges. The Council made the demand in a 9-point communiqué issued at the end of its meeting at the Governor’s Lodge, Amawbia and presented by the Chairman of the State ...

Mrs. Olanike Olaribigbe, the owner of Felab Marine Venture, has been forced to vacate her house due to a debt she could not pay back, and she is pleading for help. The house, a four-bedroom building in the Mowe area of Ogun State, had been taken over by Olaribigbe’s creditors over a N12m debt. She has since taken solace in ...