Tag: debt

‘Why I won’t shy away from borrowing’ | Governor Udom gives a lesson in indebtedness

According to Governor Udom Emmanuel of Akwa Ibom state, every serious government must have a debt profile. The governor said many developed nations are in the habit of borrowing, hence it…

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Abike Dabiri might not accept Diamond Bank’s apology

Abike Dabiri-Erewa is not taking a chill pill at all. Diamond bank had on Friday apologized in two dailies to her for including her name as a director in a company owing their…

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Who owes Davido money? Please pay him back

Davido is not chilled at the moment as he has took to Twitter to vent. It seems someone is owing him money and whoever that is, is taking him for granted…

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Opinion: Stop blackmailing Aregbesola #OsunDebtCrisis

by Abiodun Komolafe That Osun has been blackmailed for long on the debt issue and the eventual revelation that the state’s debt portfolio falls far short of what the opposition…

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This woman will starve her husband of sex until he pays his debt

39-year-old Mrs Modinat Idowu, told an Igando Customary Court in Lagos state on Thursday that she would continue to deny her husband, Akeem Idowu, sex until he has paid the…

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Dele Momodu: Dear Nigerians, do not victimize Aregbesola #OnigbeseGovernors

Osun is not the only culprit in this non-payment of salary scandal and it should not be singled out for victimisation. Politics should never be played at the expense and…

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Opinion: Nigerian leaders are “debt monsters”

"Sure to be judged is the king  Who builds his palace using injustice,  And treats people unfairly while adding its upper rooms.  He makes his countrymen work for him for…

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PDP says Osinbajo misleading Nigerians about government’s debt

by Ranti Joseph The Peoples Democratic Party (PDP) doesn’t share the same view on the amount of debt Jonathan is leaving behind and has accused the Vice President-elect, Yemi Osinbajo,…

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Osinbajo says Buhari will inherit $60billion debt from GEJ

by Ranti Joseph The Vice President-elect, Yemi Osinbajo, has said Nigeria’s local and foreign debts now stands at $60 billion. He on Wednesday stated this in Abuja while declaring open…

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After the wedding, comes the debt – Solange’s tax evasion woes come knocking

Tax forces have come for Solange as a lien was filed 3 days after Solange and her husband Alan Ferguson tied the knot. The pettition was for the musician's outstanding…

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You are liars it is not 300 billion, we only owe 40 billion | Amosun clarifies things, but is he right?

by Olorunwa Lawal Ogun state governor, Ibikunle Amosun, has put the state’s debt profile at between N35 billion and N40 billion, far from the N300 billion claimed in some quarters.…

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Has new movie-project thrown Saidi Balogun knee-deep in debt? [DETAILS]

by Kolapo Olapoju Oh Piracy! Why have you bitten Saidi Balogun in the behind? Saidi Balogun is allegedly licking his wounds over the pirated release of his new flick, 'You…

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7 things you should NEVER tell a person struggling with debt

by Valencia Higuera     There are many reasons why someone gets into debt. Sometimes, situations happen beyond their control and they’re forced to rely on credit cards, or unexpected…

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7 things you should do to get out of debt fast

by Life Hacker     It's a good idea to prioritize the debts to which you are going to apply this extra money. Do you have debts that are past…

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7 financial lessons we can learn from broke people

by Valencia Higuera       Even if you’re living paycheck to paycheck, living within your means can reduce financial worries. There are several financial lessons we can learn from…

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7 money myths that keep you deep in debt

by Crystal Crowder       Debt that's completely out of control doesn't have to be your normal. The stress that comes along with it wears you down and you…

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5 (weird) reasons you’re still broke + how to fix them

by Kyle Taylor     For some reason, so many people forget to think about the other side of the ledger. You need to make more money if you’re ever…

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19 things I wish I’d known about money when I was younger

by Anna Breslaw     Let's face it, nobody REALLY knows how to #DoMoney. All we can do is muddle through and learn from experience.   1. It’s better to…

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7 amazing ways to overcome money related insomnia

by Valencia Higuera   In all honesty, it's never good to argue about money — it doesn't solve anything. However, simple money discussions with your partner can turn into an…

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Opinion: What corruption in Nigeria is really about

by Adejoh Momoh How does the ‘transformational’ amount of $20bn get missing in a desperately poor country like Nigeria and it is not sufficient reason for a revolution? As it…

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How I killed my mother with an axe – Man arrested for murder in Katsina

by Adeola Balogun A man in the Batagarawa Local Government Area of Katsina State has taken the life of his aged mother after an argument about money. According to reports,…

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“I couldn’t believe what I was seeing”: Woman’s wedding turns to horror after gunmen burst into reception and murder groom – over £60 debt (PHOTOS)

Tragic: Dameion Cousins and his wife Jacqueline from Hornsey, North London pictured on their wedding day - hours later Mr Cousins was shot dead A new bride was forced to…

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Out of reach: Woman pays for crane to lift car owned by daughter’s husband on to a roof terrace (PHOTOS)

A Chinese woman had enough of her son-in-law's constant excuses for not paying back his loan, so took to extreme measures to force his hand. Wang Qin, hired a crane…

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Debo Adejugbe: Nigeria – A presidency proudly made in China (Y! Politico)

by Debo Adejugbe It is actually obvious that the blokes at the Presidency are very slow. In its editorial titled “Jonathan and the Chinese bear hug” on July 25, 2013,…

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Opinion: Ngozi Okonjo-Iweala – A prophet without honour in her country

by Omolara Williams And the surprising thing is that, even while our legislators and other not-so-informed people at home are busy maligning her, the world keeps celebrating her. Thus making…

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#TrueTales: Ladies, be careful – My (ex)husband cleaned me out and the police said it was legal

by Lisa Arends Additionally, I learned how strong I can be. I had two fears in life: losing my husband and losing my financial security. Three years ago, I faced…

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#BeerParlourBlues: Bricklayer stabbed to death over N200 debt

Ugochukwu Ekwuribe, 35, bricklayer was allegedly stabbed to death over a N200 debt owed to his suspected killer. Ekwuribe’s father, Andrew Ogazi, a security man, said that the incident happened…

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TICKER: Nigeria’s debt rises, to borrow $25bn by 2015

The Federal Government is expected to borrow $25 billion by 2015, Nigeria’s Debt Management Office, DMO, told the House of Representatives yesterday. This disclosure was made at a meeting with…

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Revenge for Farouk Gate? House of Reps to probe Otedola’s debt payment

by Stanley Azuakola Admittedly, the House of Representatives does not like Femi Otedola, the businessman who was the driving force behind the exposure and subsequent disgrace of one of its…

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Off the hook: Femi Otedola settles N141billion debt with AMCON

by Akan Ido The Assets Management Corporation of Nigeria (AMCON) has confirmed the settlement of debt owed by the Zenon and Forte Oil boss, Femi Otedola, to the asset management…

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