Tag: Debt
From Financial Need To Chronic Debt: Sordid Tales Of Loan Sharks In South East, Nigeria
Chinedu Magbo, a 40-year-old Enugu-based farmer, urgently needed funds to support his poultry business in 2023. By and…
Experts, Private Sector Express Concern As Nigeria Debt Profile Soars
On Tuesday, July 22, 2025 the Senate approved President Bola Tinubu’s external borrowing plan of over $21bn for…
Tinubu’s ₦38 Trillion Loan Sparks Fear as Nigeria’s Debt May Rise to ₦182 Trillion
In May 2025, President Bola Tinubu sent a letter to the National Assembly requesting approval for a new…
Nigeria debt burden and increasing harsh economic realities
President, Bola Tinubu seeks HoA approval for fresh loan Nigeria loan profile hits N87tn in three months IMF,…
ANALYSIS: Death, Debt Increases Under Buhari’s Administration
The Buhari administration will officially come to an end in four days, giving room for his party statesman…
Alleged N69.4 billion debt: Jimoh Ibrahim loses bid to vacate order on seized assets
A Federal High Court in Lagos has declined to vacate an interim order through which the Asset Management…
Tragedy As Man Hangs Himself To Death In Kwara Over Huge Debts
Residents of Ganmo Market, a suburb of Ilorin, Kwara State were thrown into mourning on Monday, October 12,…
Nigerian man shoots fellow citizen dead in Houston over $40 debt
A U.S based, 22-year-old Nigerian man identified as Ofon Phillip Idiong has been arrested by Houston Police Department…
Nigeria spends N791.5bn on debt servicing, N139.7bn on capital projects in 3 months
Nigeria spent a total of N791, 545,016,039 billion on debt servicing between January and March 2020, documents from…
Wale Jana sends heartfelt apology to his investors
Controversial business man and CEO of Sapphire Scents, Wale Jana has taken to social media to apologize to…
Oyo will release N500m to LAUTECH – Makinde
Gov. Seyi Makinde of Oyo State has said that the state will release N500 million to offset part…
Malami demands US62.1b debt from oil companies
The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami has asked international oil companies…