Tag: arrears

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FG set to pay arrears of wage award

April 28, 2025 April 28, 2025 By Stellamaries Amuwa, Abuja The Federal Government is set to pay the outstanding five months N35,000 wage award arrears to its workers. The Office of the Accountant General of the Federation (OAGF) made this known in a statement yesterday in Abuja. The OAGF explained that the Federal Government had

Mortgage arrears at an eight-year high

Navigation for News Categories Consumer credit defaults have increased by 42 percent on the year earlier. Photo: RNZ / Michelle Tiang The number of people falling behind in mortgage payments has hit levels not seen since 2017, according to credit agency Centrix. Its January credit report indicates mortgage arrears were at an eight-year high, with