Half of Nigeria’s 36 states insolvent – Report

The Economic Confidential has released its Annual States Viability Index (ASVI) which shows that 17 states are insolvent as their Internally Generated Revenues (IGR) in 2017 were far below 10 per cent of their receipts from the Federation Account Allocations (FAA) in the same year. The index proved that without the monthly disbursement from the …

Half of 36 States Insolvent: An Issue for the New Candidates By Pius Adesanmi

Increasingly, you hear a segment of the commentariat scream that restructuring in Nigeria is a complex set of issues and problems that should be nuanced. Such commentators often ask: what is restructuring? What exactly are we restructuring? They then berate those who have "a simplistic, financial understanding of the issue". Well, I have a simplistic, …

Advertising body set to take action against Chafford Hundred church advert

THE ADVERTISING Standards Authority (ASA) is set to take action against an advert by a Chafford Hundred-based church. The Rivers of Life Ministry advertised their Easter services at the Drake Road Community Church with an advert that stated the following. “Come and Experience The Power That Raised Jesus From The Dead (Come And Receive Your …