A while ago the media went wild with reports that a certain jeweler named Kaycee called out Davido for owing him N60 million.
According to recent reports, Davido’s accuser recently tabled the case before the court. Some weeks ago, Kaycee, a jeweler, took to Instagram to call out Davido for...
A father of four and an executive member of the Road Transport Employers Association of Nigeria (RTEAN) in Ondo state identified as Ayokunle has reportedly committed suicide over a debt owed a cooperative society.
The deceased was said to own a commercial.....
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The Peoples Democratic Party has alleged that the proposed N1.84tn borrowing for the N6.08tn budget presented to the National Assembly by President Muhammadu Buhari has made the nation a borrowing country.
It said that with this, the country was going the way of Greece.
The National Publicity...
The Ekiti State chapter of the All Progressives Congress (APC) has told the state Governor, Ayodele Fayose, that it would have his days in the courts over fabricated figures on the state’s debts to deceive the people and paint former Governor, Kayode Fayemi, in bad light.
Reacting to the claims...
The DMO was established on 4th October, 2000 to centrally coordinate the management of Nigeria’s debt, which was hitherto being done by a myriad of establishments in an uncoordinated fashion. This diffused debt management strategy led to inefficiencies.
According to recent figures released by...
The Debt Management Office (DMO) has put the total profile of Nigeria at N64 billion, dismissing fear all the same that the debt overhang will affect the national economy.
The Director-General of the Debt Management Office (DMO), Dr Abraham Nwankwo made this known in a submission he made to the...
The Minister of Power, Works and Housing, Babatunde Fashola on Friday said the Federal Government will settle the N47 billion debt it owes Egbin Power for energy supplied to the national grid.
Fashola disclosed this in Lagos during the inauguration of facilities of Ikeja and Eko Electricity...
In a bid to recover a debt of N924,788,754.56, a Federal high court sitting in Lagos, western Nigeria, has ordered that all accounts belonging to former captain of the Super Eagles, Nwankwo Kanu and his company, The Hardley Apartments anywhere and in any bank or financial institution in Nigeria...
According to Punch, an Islamic cleric, Ali Mohammed, has confessed to killing a 32-year-old graduate of Business Administration, Olufunbi Lawal.
The suspect, who owed Olufunbi N32,000, said he killed the deceased in order to avoid paying the debt.
Mohammed said he arranged four other...