Tag Archives: billion

Mahama settles GH₵6bn DDEP coupon, paid GH₵9.7 billion into the Sinking fund

President John Mahama has directed the Ministry of Finance to honour the Payment-In-Cash (PIC) coupon of GH₵6.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. Government has also paid into the Debt Service Recovery Cedi Account (Sinking fund) an amount of GH₵9.7 billion as a buffer for the 5th …

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Bola Tinubu opposes paying 1 billion naira to kidnappers

Nigeria’s President Bola Tinubu has ordered security forces not to pay ransom for the release of close to 300 students and staff who were kidnapped from a school in north-western Kaduna state last week. The gunmen have demanded a total of 1 billion naira ($620,432) for their release, a spokesman …

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