Sat Apr 2, 2016/Reuters By Lefteris Papadimas Greece demanded an explanation from the International Monetary Fund on Saturday after an apparent leaked transcript suggested the IMF may threaten to pull out of the country’s bailout as a tactic to force European lenders to more offer debt relief. EU/IMF lenders will […]
Tag: debt
Nigeria seeks cheap loans from international agencies – finance minister
Fri Feb 5, 2016/Reuters Oil producer Nigeria wants to tap financing at “concessionary rates” as low as 1.5 percent from international agencies to fund infrastructure projects before returning to the eurobond market, its finance minister said on Friday. Tumbling oil prices have hit Nigeria’s finances hard, and yields on the […]
N900bn debts: AMCON begins sale of defaulters’ assets
..To publish more bad debtors The Asset Management Corporation of Nigeria (AMCON) has commenced the sale of assets of bad debtors. Already, AMCOM has advertised 34 properties for sale yesterday in its website for those banks’ assets purchased from various eligible financial institutions in Nigeria. AMCON’s Managing Director, Ahmed Kuru, […]
