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Members of the House of Representatives are poised for a showdown with Speaker Femi Gbajabiamila over allegations of unfair distribution of $15million

The N1 trillion is expected to be used to fund the N819.5 billion 2022 supplementary budget which the lawmakers approved last December.

The House of Representatives on Thursday stepped down the consideration of the joint Committees on Finance, Banking and Currency and Aids, Loans and Debts

Bulgaria's c-bank registers Capman Debts Management as financial institution Ju1978/Shutterstock.com SOFIA (Bulgaria), April 12 (SeeNews) - Bulgaria's Capman Debts Management [BUL:CDM] said on Monday that it has been registered by the Bulgarian National Bank as a financial institution. The company did not provide further details in its statement. According to central bank data published on Monday, the decision to add Capman Debts Management to the register of financial institutions was taken on April 8. Capman Debts Management was established in April 2020, according to com...

Abuja, March 16, 2021 The African Development Bank (AfDB) has urged African governments to establish a financial stabilisation mechanism for a comprehensive plan for debt restructuring. President of the AfDB, Dr Akinwumi Adesina, said this at the launch of the bank’s 2021 edition of its annual African Economic Outlook, according to a statement from its office on Tuesday. Debt restructuring is a process that allows a private, public or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it ...