Seven Northern states and one Southern state have been declared bankrupt based on their internally generated revenue in comparison with their Federal Accounts Allocation (FAA). Jigawa,...
Governor Seyi Makinde of Oyo State on Tuesday lamented that the state is technically bankrupt. Makinde made this declaration while hosting members of the Governing Council...
Two new generation banks are technically bankrupt, Ripples has learnt. Investigations showed that the Capital Adequacy Ratios (CARs) of these two commercial banks fell below regulatory...
