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.
Category : Search result: debt service
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.
South Africa Hosts G20 Summit as US Boycotts Event
South Africa hosts crucial G20 summit focusing on debt relief for developing nations as US President Trump boycotts. Key discussions on climate financing and global inequality.
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.
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.
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.
CDFIB Warning: Immigration, Fire Service Job Scams Exposed
The CDFIB has exposed fraudulent recruitment schemes targeting Nigerian immigration and fire service applicants. Learn how to protect yourself from fake job offers and financial scams.
Court freezes Indian businessman's assets over ₦9.5B debt
Federal High Court in Lagos issues restraining order against multiple banks from dealing with Indian businessman and his companies amid massive debt dispute with Nigerian firm.
CAS Vows Full Implementation of Tinubu's Directives
The Civil Service Commission pledges complete adherence to President Bola Tinubu's reform agenda, promising transformative changes in Nigeria's public service sector.
Lady's Shocking Dry Cleaner Discovery Goes Viral in Nigeria
A Nigerian woman's routine visit to her dry cleaner turned into a jaw-dropping experience when she discovered the surprising truth about his home setup. Her viral story reveals unexpected realities about service providers in Nigeria.
Nigeria Sells $2.35B Eurobond to International Investors
The Federal Government of Nigeria has successfully raised $2.35 billion through Eurobond sales, attracting strong international investor confidence despite global economic challenges.
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.
Nigeria's $2.25B Eurobond Oversubscribed by 400%
International investors demonstrate overwhelming faith in Nigeria's economy, oversubscribing the latest Eurobond offering by 400% despite global market uncertainties.
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.
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
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.
Nigeria-China relations face major overhaul
Nigeria reevaluates its partnership with China amid mounting debt worries and environmental impact concerns. Discover how this strategic shift could reshape bilateral relations.
Naira Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
Tinubu Appoints Five New Permanent Secretaries
In a strategic move to strengthen governance, President Bola Tinubu has appointed five new Permanent Secretaries to fill critical vacancies across key federal ministries in Nigeria.
Nigerians Question Tinubu's Loan Request Amid Doubts
Growing public skepticism surrounds President Tinubu's latest loan request as House of Representatives Deputy Spokesman Philip Agbese voices concerns about transparency and accountability.
NASS Loan Approval: Why Nigerians Shouldn't Worry
Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.
Ondo Governor Hailed for Pensioners' Welfare Commitment
Ondo State Governor Lucky Aiyedatiwa earns praise from Nigeria Union of Pensioners for prioritizing retirees' welfare through prompt payment of gratuities and pensions.
Nigerians Demand Loan Accountability in 2025 Budget
As Nigeria prepares for its ₦41 trillion 2025 budget, citizens are calling on National Assembly members to ensure proper oversight of executive borrowing and prevent unsustainable debt accumulation.
Nasarawa Leaders Mourn Ex-Deputy Gov Akuka
Prominent political figures including Deputy Governor Emmanuel Akabe, former Governor Abdullahi Adamu, and ex-Minister Labaran Maku gathered in Nasarawa to honor former Deputy Governor Godwin Akuka's legacy during an emotional funeral service.
Adeboye Prays for Singles, Expectant Mothers
In a spiritually charged gathering, Pastor E.A. Adeboye of RCCG offered heartfelt intercessory prayers for singles seeking life partners, expectant mothers, and others facing life's challenges during his monthly online service.
Nigerians Demand Scrutiny of Tinubu's Loan-Heavy Budget
Growing public pressure mounts on National Assembly to reject rubber-stamp approval of Tinubu administration's borrowing plans and ensure fiscal responsibility in 2025 budget.
Grandma Dies in Cruise Fall After Alcohol Over-service
A Nigerian family mourns as a 66-year-old grandmother tragically dies after falling from a cruise ship following alleged overserving of alcohol. Investigation underway.
NCC Cleared in 2025 Staff Promotion Investigation
The National Civil Service Commission of Nigeria has exonerated the Nigerian Communications Commission from any wrongdoing in its recent staff promotion process, dismissing allegations of irregularities.
Customer Relationship: Oxygen for Nigerian Businesses
Discover why customer relationship management is the lifeblood of Nigerian businesses. Learn expert strategies for building lasting connections that drive growth and sustainability in today's competitive market.
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