Category : Search result: 138 million debt


Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Kwara Monarch Kidnapped, N150m Ransom Demanded

Masked gunmen have kidnapped Oba Kamilu Salami, the Ojibara of Bayagan in Kwara State. The kidnappers are demanding N150 million ransom for his release. Read the full details.

Kenya: Economic Crisis & Political Unrest Deepen

Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?

Okorocha's Niece Charged in N17m Land Scam

Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.

Zamfara Settles N67m Debt for 436 Freed Inmates

Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.

N600m Ransom Demand for Kidnapped Kaduna Priest

Bandits release photos of abducted Kaduna Anglican priest Ven. Edwin Achi and wife Sarah after demanding N600m ransom. The couple was kidnapped from Nissi community on October 28, 2025.

Africa's $163bn Debt Crisis Needs EU Action

African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.

Yanga FM Makes History with ₦1 Million Giveaway

Yanga FM, Nigeria's first urban-pidgin radio station, has made broadcasting history by awarding ₦1 million to its first caller. Discover how this groundbreaking moment is reshaping Nigerian radio.

Court Orders Police Out of Nestoil Premises

Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.

Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

TETFund opens N1.39bn female hostel in Rivers

TETFund has commissioned a new N1.39 billion, 244-bed female hostel at Ken Saro-Wiwa Polytechnic, Bori, to ease student accommodation. The N50m student grant is also on track.

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.

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.

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.

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.

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