Category : Search result: debt allegation


Peller Apologizes for Lagos Crash, Pleads for Jarvis

TikTok star Peller breaks his silence after a near-fatal crash on Lekki-Epe Expressway, apologizes to Nigerians, and pleads with fans to stop bullying his ex-girlfriend Jarvis over cheating claims.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

Group Storms ICPC, Demands Probe of NMDPRA Chief

A civil society group storms ICPC, demanding an urgent probe into allegations that NMDPRA boss, Engr. Farouk Ahmed, spent $5m on his children's Swiss education. Read the full story.

Farouk Ahmed Denies Dangote Allegation Response

NMDPRA Chairman Farouk Ahmed denies issuing a statement on Aliko Dangote's corruption allegations, thanks him for formal petition. Nigerians demand his suspension. Full details inside.

Activist Demands Tinubu Suspend NMDPRA CEO After Dangote Claim

Political activist Timi Frank calls on President Tinubu to suspend NMDPRA's Farouk Ahmed for a probe into a $5 million school fees allegation raised by Aliko Dangote. Read the full details and implications for Nigeria's anti-corruption fight.

Jarvis Denies Cheating Allegations in Viral Video

TikTok star Jarvis breaks silence on cheating rumours involving Peller. She claims she never deprived him and gave him "full access." Read full story and see social media reactions.

Reps summon 3 DisCos over N100bn debt to FG

The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.

ADC to Protest FG's N500bn Debt to Contractors, Pensioners

The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.

Worker stabs supervisor over N10,000 debt in Rivers

A 35-year-old construction worker, Joshua, is in police custody after allegedly stabbing his supervisor into a coma over a N10,000 payment dispute in Ikwerre LGA. The victim is hospitalized, calling for justice.

Lawmaker seeks sack of Finance Minister over N4tr debt

Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.

Nigeria starts N185bn gas legacy debt repayment

The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.

N185bn Approved to Settle Gas Debts for Power Boost

The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.

Akpabio Sues Natasha for ₦200b Over Harassment Claims

Senate President Godswill Akpabio sues Senator Natasha Akpoti-Uduaghan for ₦200 billion, alleging defamation from sexual harassment accusations. She vows to prove her case in court. Read the full details.

FG to Clear N4tr Road Contractors' Debt by Dec 20

The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.

2Baba's Family Files Police Petition Against Wife Natasha

The family of music legend 2Baba has filed a formal petition with the police against his wife, Natasha Idibia, alleging bigamy, physical assault, and substance abuse. Get the full details on the escalating family drama.

Nicon Town Land Row: Court Adjourns Ruling to Feb 2026

A Lagos High Court will rule in February 2026 on whether a major land dispute in Lekki's Nicon Town Estate should proceed to full trial. Residents allege fraud in a 2010 sub-lease for 5,899sqm of communal land. Read the full details.

Contractors Protest N760bn Debt, Disrupt Ministry

Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.

Page 1 of 3