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: Kenya public debt
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.
FG Tasks Correctional PROs on Professionalism, Public Trust
Federal Government directs NCoS PROs to enhance media relations for transparency and public confidence. CG Nwakuche emphasizes PR as cornerstone of service reforms.
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
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.
3 Nigerians Arrested in Kenya for Cyber Fraud
Kenyan police have arrested three Nigerian nationals for suspected cyber fraud and illegal immigration. The suspects were found with multiple phones, SIM cards, and credit cards during a raid in Mwea East.
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.
Kenyan woman arrested in fake robbery scam against British boyfriend
A Kenyan woman and her accomplice have been arrested for staging a fake robbery that targeted her British boyfriend, stealing Sh800,000. Read the full investigation details.
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.
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.
FG Declares 2 Public Holidays for December 2025
The Federal Government has officially declared two public holidays for December 2025, giving Nigerians early notice to plan their year-end celebrations and travels accordingly.
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
UNICEF Fights Open Defecation in Nigeria
UNICEF sounds alarm on Nigeria's open defecation crisis, advocating for urgent construction of public toilets and improved sanitation infrastructure across the nation.
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.
Nigerians Maintain Faith in President Tinubu
Amid economic reforms and national challenges, President Bola Tinubu maintains significant public confidence as Nigerians recognize the necessity of difficult decisions for long-term prosperity.
Redirect Subsidy Savings to Infrastructure - Expert Urges FG
Economist Dr. Muda Yusuf advocates for transparent investment of subsidy removal funds into roads, power, and social infrastructure to boost Nigeria's economy.
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.
PressDia: Africa's First Digital PR Distribution Engine
Nigerian startup PressDia transforms public relations with Africa's inaugural fully digital PR distribution engine, offering instant media outreach across 80+ countries with AI-powered optimization.
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.
Maldives Bans Tobacco for Post-2007 Generation
The Maldives government announces groundbreaking legislation prohibiting tobacco and vaping for anyone born after January 1, 2007, creating a smoke-free generation.
UK Train Stabbing: 10 Injured in Mass Attack
British authorities have launched a massive investigation following a brutal stabbing incident aboard a train that left ten passengers with serious injuries. The attack has sent shockwaves across the UK.
Mexican Mayor Assassinated in Public Shooting
In a shocking security breach, a Mexican mayor was fatally shot during a public gathering, highlighting the escalating violence against public officials in the region.
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