Category : Search result: 138 million debt


Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

TETFund opens N1.39bn female hostel in Rivers

TETFund has commissioned a new N1.39 billion, 244-bed female hostel at Ken Saro-Wiwa Polytechnic, Bori, to ease student accommodation. The N50m student grant is also on track.

Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Bandits Kill Victim After N70m Ransom in Niger

Bandits brutally murdered Usman Buhari after collecting N70 million ransom from his family in Niger State. The victim was kidnapped along Mokwa-New Bussa Road. Read more about this tragic security failure.

Actor Taye Arimoro sues Peggy Ovire for ₦100m

Nollywood actor Taye Arimoro files lawsuit against Peggy Ovire demanding ₦100 million compensation for alleged assault and rights violation on movie set. Read full details.

FG Opens N50m Student Venture Capital Grant Portal

Nigerian students can now apply for the FG's N50 million equity-free venture capital grant. Applications open at svcg.education.gov.ng for STEMM innovations with Google partnership benefits.

Senate okays N1.15trn loan for 2025 budget deficit

The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.

Okorocha's Niece Charged With N127M Fraud

Rochas Okorocha's niece, Uche David Obinali, faces fraud charges for allegedly scamming philanthropist Daniel Kanu of N127 million. Court proceedings continue November 11.

Nigerian Bank to Close Accounts Under N7.5M Balance

Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.

Obaseki Denies N600B Debt: 'Political Fiction'

Edo State Governor Godwin Obaseki vehemently denies allegations of leaving massive debt, calling it political propaganda. Get exclusive insights into the financial facts and the governor's explosive response.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

BRIPAN Reforms Nigeria's Insolvency Practice Nationwide

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re

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