Reps Panel Approves N248.6bn Relief, Debt Restructuring For 3 DisCos

The House of Representatives Public Accounts Committee has approved a N248.6 billion financial relief and 10-year debt restructuring framework for the Kano, Jos and Ikeja Electricity Distribution Companies (DisCos) as part of efforts to stabilise Nigeria’s power sector. The resolution followed the adoption of a technical subcommittee report reviewing the 2021 Auditor-General for the Federation’s…

Reps Panel Approves N248.6bn Relief, Debt Restructuring For 3 DisCos

The House of Representatives Public Accounts Committee has approved a N248.6 billion financial relief and 10-year debt restructuring framework for the Kano, Jos and Ikeja Electricity Distribution Companies (DisCos) as part of efforts to stabilise Nigeria’s power sector. The resolution followed the adoption of a technical subcommittee report reviewing the 2021 Auditor-General for the Federation’s…

169 people in Winchester entered debt scheme in 2025

In Winchester, 169 people entered the Government’s Breathing Space scheme in 2025, which offers temporary legal protection from creditor action, freezes interest and pauses charges for up to 60 days. Jack Sporcic, a debt adviser at National Debtline, said: “Behind every Breathing Space application is someone trying to find a way to cope. “At National…

IMF says Treasuries losing premium, warns on debt management

WASHINGTON: The International Monetary Fund (IMF) has warned that the escalating scale of US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe. “The increase in the US Treasury security supply is compressing the safety premium that US Treasuries have traditionally commanded – an erosion…

AI budgeting tools can help manage money but experts urge caution – NBC 6 South Florida

Artificial intelligence is increasingly becoming part of everyday financial management, offering tools that can help consumers budget, plan and execute financial strategies. But while these technologies can streamline money management, experts say users should proceed with caution, especially when it comes to protecting sensitive information. AI-powered platforms now allow users to track cash flow, build…

IRS creates online tax debt tool

The Internal Revenue Service introduced an online Tax Debt Help tool Thursday, the day after the tax deadline, to help taxpayers  understand and resolve their tax debts. Processing Content The new resource on IRS.gov aims to give individuals and businesses a simple way to explore their various payment options and select the next steps based…

IRS launches online tool to help resolve tax debt

WASHINGTON, D.C. (KFOR) – The Internal Revenue Service (IRS) announced on Thursday a new online tool for taxpayers to understand and resolve tax debt. The Tax Debt Help tool, according to the IRS, is designed for individuals and businesses exploring payment options for their situation. The IRS says the effort is a part of expanding its digital…