Nigeria is facing an imminent electricity blackout due to a directive from the Nigerian Midstream and…
Tag: Debt
South African Government May Take over Eskom’s Debt
IMF says South Africa’s government takes over R392billion. Eskom’s debt to the state’s balance sheet would…
NIGERIA: Uncertainty on IBEDC Ownership as AMCON Allegedly Cancels Take Over
AMCON takes over core investor’s assets IEDM defaulted on the loan facility Several indications have emerged…
NIGERIA: Economist Recommends Debt Restructuring for Power Sector
Convert debt to equity, Rewane recommends. The Chief Executive Officer (CEO) of Financial Derivative Company, Bismarck…
NIGERIA: MDAs Owe DisCos ₦90 Billion in Arrears -ANED
MDAs owe over ₦90 billion to the DisCos FG working with the DisCos on a debt…
GHANA: Ghana’s Debt to Reach GHc7 Billion by Year End
Ghana’s energy sector to reach at least GHc7 billion by the year’s end Urges resolution to…
SOUTH AFRICA: Eskom Reduces Debt Profile
Eskom cuts debt after repaying matured loans Cuts debt by 83 billion rand South African state…
NIGERIA: Ekiti LGA Seals BEDC Office
Ado-Ekiti LGA council seals BEDC office Alleges unpaid debt of ₦15 million BEDC refutes claim The…