Tag: PAYMENTS

  • RETIRED SOLDIERS HALT PROTEST AS FG PLEDGES ENTITLED PAYMENTS

    RETIRED SOLDIERS HALT PROTEST AS FG PLEDGES ENTITLED PAYMENTS

    Federal Government has assured retired soldiers that their unpaid entitlements will be paid by the weekend, ending their week-long protest at the Ministry of Finance in Abuja. After a closed-door meeting with officials from the Ministry, Military Pension Board, Nigerian Army Welfare Insurance Scheme, and Security Debarment Allowance department, the veterans, led by Retired Sergeant…

  • STATES HIT 68% INCREASE IN FOREIGN DEBT PAYMENTS

    STATES HIT 68% INCREASE IN FOREIGN DEBT PAYMENTS

    Report says Nigerian states spent approximately N235.58 billion on external debt servicing in the first half of 2025, marking a 68.4% increase approximately(N95.65 billion) from N139.92 billion in the same period of 2024. This surge underscores the growing pressure of dollar-denominated debt repayments amid the naira’s depreciation. While External debt payments are managed through an…

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