CPPE Welcomes Airline Debt Relief, Calls For Urgent Cost Reforms In Aviation Sector – Independent Newspaper Nigeria

0 The Centre for the Promotion of Private Enterprise (CPPE) has commended President Bola Ahmed Tinubu for approving a 30% discount on outstanding debts owed by Nigerian airlines. According to a release signed by Dr Muda Yusuf, Chief Executive Officer of the centre, this intervention will provide a timely relief to operators grappling with escalating…

4.3m households still paying off Christmas debt

New research from debt management firm Lowell has revealed that on average, it takes families until mid-April (3.8 months) to clear their festive debt. The survey found that 74% of UK families relied on credit cards and Buy-Now-Pay-Later schemes to help cover the cost of Christmas. While some families have the luxury of being able…

Shabby government ploy hides AOFM debt crisis

The publication of the independent review into the Australian Office of Financial Management late on Friday, before the Anzac Day long weekend, is a shabby piece of “taking out the trash” by the Albanese government. It was overkill, given the measured findings of the review conducted by former Reserve Bank of Australia deputy governor Guy…