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Umahi denies owing N200m during governorship campaign

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The Minister of Works, Sen. Dave Umahi, on Thursday denied owing a businesswoman, Mrs Tracynither Ohiri, N200 million for promotional materials she supplied during...

How I was scammed and left in debt – Mr Macaroni

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Skit maker and actor Adebowale Adedayo, popularly known as Mr Macaroni, has opened up about a devastating financial loss that left him bankrupt and...

Court summons IGP, PSC over alleged unpaid N649m SWAT hotel bill...

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Bayelsa State High Court sitting in Nembe on Wednesday ordered the Inspector-General of Police (IGP) Kayode Egbetokun to appear before it within 42 days...

NNPC admits debts owed fuel suppliers responsible for scarcity  

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The Nigerian National Petroleum Company Limited (NNPC Ltd) has explained that fuel scarcity persists in the country because it is owing petrol suppliers. The deficit...

N6.2bn debt: Nova Merchant Bank files winding-up petition against Emzor

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Nova Merchant Bank has filed a winding-up petition at the Federal High Court in Lagos over a loan of N6,205,575,569.93 allegedly given to Emzor...

GTBank to seize assets belonging to Afex over ₦17.8bn debt

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A Federal High Court in Lagos has granted permission to Guaranty Trust Bank (GTB) to temporarily seize the funds and assets of Afex Commodities...

UCH, IBEDC tackle each other over N400m debt as DisCo disconnects...

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The University College Hospital (UCH) in Ibadan, Oyo State traded words with the Ibadan Electricity Distribution Company (IBEDC) on Wednesday after the hospital was...

Gbadebo Rhodes-Vivour reacts to allegation against wife

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Former governorship candidate of the Labour Party in Lagos State Gbadebo Rhodes-Vivour has reacted to the allegation made against his wife Ifeyinwa Rhodes-Vivour (née...

Gbadebo Rhodes-Vivour’s wife called out for allegedly owing former employee

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Ifeyinwa Rhodes-Vivour (née Aniebo), wife of the former governorship candidate of the Labour Party in Lagos State, Gbadebo Rhodes-Vivour, has been accused of owing...

Coming generations have no choice but to pay Africa’s debts –...

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Former President Olusegun Obasanjo has expressed sadness over the debt profile of African countries. Speaking on Wednesday at an event with the 2023 awardees of...