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.
Category : Search result: N5 million loan
Delta Govt Seeks ₦1b BOI Loan for Industrialisation
Delta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.
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.
Ukraine Pushes EU for $163B Russian Assets Loan
Ukraine urges EU to approve a $163-billion loan from frozen Russian assets at the December summit to avert a 2026 budget crisis. Russia threatens a 'painful response'.
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.
Chinese Property Executive Detained in Indonesia Over $138M Debt
Indonesian authorities detain Chinese property executive WZ wanted for $138 million loan default. The fugitive had been moving through Asian nations since August. Read full details.
Tinubu: Reforms Secure Youth Future with Global Skills
President Tinubu reveals economic reforms aim to equip Nigerian youth with competitive skills. Education loans ensure no student drops out. 320 youths to receive international awards in Lagos.
Lagos APC Hails NELFUND's Vocational Training Loans
Lagos APC commends NELFUND for expanding student loans to vocational training, calling it a national game-changer for youth skills development and economic empowerment in Nigeria.
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.
Ondo Assembly Members Pass No-Confidence Vote on Speaker
Ondo State House of Assembly in crisis as 12 lawmakers pass vote of no confidence against Speaker Olamide Oladiji over alleged N50m misappropriation. EFCC investigation demanded.
FirstBank Lagos Open Golf Tourney: N34.5m Prize
Nigeria's top golfers battle for a record N34.5 million prize at the 64th FirstBank Lagos Open. The event tees off Monday at Ikoyi Club 1938. Don't miss the action!
Zelensky sanctions associate in $100M fraud scandal
Ukrainian President Zelensky imposes sanctions on ex-business partner Timur Mindich amid a $100M energy sector fraud scandal. Key ministers resign as anti-corruption efforts intensify.
FCCPC Gives Loan Apps Until January 2026 to Comply
Nigeria's FCCPC sets January 5, 2026 deadline for digital lenders including FairMoney, Okash, Carbon to comply with new regulations. Full enforcement begins after deadline.
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.
Ukraine Ministers Quit Over $100M Corruption Scandal
Ukraine's energy and justice ministers resign amid major corruption scandal involving $100M kickback scheme. Read how this affects EU membership bid.
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.
Lady Displays ₦214,000 Loan App Debt, Seeks Help
A Nigerian TikTok user shares her ₦214,000 debt struggle with loan apps, tracing financial woes back to 2020. Discover her story and similar experiences.
Ex-Gov Sylva on FBI Watchlist Over $14.8M Scandal
Former Petroleum Minister Timipre Sylva declared wanted by EFCC for alleged $14.8M conversion, placed on FBI and Interpol watchlists. Political persecution claims emerge.
Kano Police Bust SIM Card Syndicate, Recover ₦17M
Kano State Police Command has dismantled a sophisticated SIM card syndicate, arresting six suspects and recovering over ₦17 million in a major crackdown on telecommunications fraud.
TETFund: N50M Student Research Grant Still Available
TETFund executive secretary Arc. Sonny Echono confirms the N50 million research and innovation grant for Nigerian students remains accessible, dismissing speculation about its discontinuation.
US arrests Nigerian in Germany's €300M fraud case
American law enforcement has apprehended a Nigerian national and four accomplices wanted by Germany for orchestrating a massive €300 million fraud scheme spanning multiple countries.
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.
FG Launches Interest-Free Loans for Varsity Staff
Nigerian tertiary institution staff can now access interest-free loans through new federal government initiative aimed at improving welfare and academic excellence.
National Assembly Scrutinizes Tinubu's ₦1.15T Loan Request
Nigerian lawmakers launch thorough investigation into President Tinubu's controversial ₦1.15 trillion loan proposal amid growing economic concerns and public scrutiny.
N387M Scandal: Citizens Demand Action on FUOYE Funds
Growing outrage as Federal University Oye-Ekiti faces scrutiny over alleged N387 million financial discrepancies. Nigerian citizens call for education minister's intervention.
Senate Probes Rail Derailments Amid Loan Debt Concerns
Nigerian Senate investigates alarming rail derailments while controversial new loan agreements spark national debt concerns. Full details on the parliamentary inquiry.
Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan
President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.
Court rejects bid to dismiss N300m eviction lawsuit
A Federal High Court in Lagos has refused to strike out a N300 million lawsuit filed by tenants alleging illegal eviction from Banana Island properties, setting the stage for a major legal battle over property rights.
Ned Nwoko Breaks Silence on Regina Daniels' ₦71M Saga
Nigerian billionaire Ned Nwoko breaks his silence on the controversial ₦71 million transfer to Regina Daniels' siblings, dismissing fraud allegations as family misunderstanding.
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