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Debt rises as virus eats paycheques

The end of June marked the end of payment holidays offered by many lenders, but many consumers’ pockets remain empty as a result...

APC demands explanation from Gov Udom over N239.2 billion debt profile

The All Progressives Congress, Akwa Ibom State Chapter has called on the governor Udom Emmanuel to explain a debt of N239.2 billion incurred...

Judge Declines To Hear Shoprite’s Application To Set Aside Injunction In $10m Debt Suit

A Federal High Court sitting in Lagos on Monday declined hearing an application filed to lift an order of injunction restraining South African...

Again Cynthia Morgan Calls Out Former Boss, Jude Okoye Over Unpaid Debt

Cynthia MorganControversial dancehall singer, Cynthia Morgan has once again called out her ex-label boss, Jude Okoye over unpaid debt.Information Nigeria recalls the musician...

Nigerian govt speaks on $9.6bn judgment debt ruling

The Minister of Information and Culture, Lai Mohammed, has said the Friday judgment of a UK Commercial Court suspending the execution of a...

Eskom caught in debt trap

Eskom is continuing its fight to shut off electricity to municipalities that will not pay up the billions of rands they owe the...

BREAKING: Nigeria Floors P&ID In London Court As Judge Grants Country Rarely-given Reprieve To...

A court in London, United Kingdom, has given Nigeria the go ahead to appeal a $9bn judgment debt against Process and Industrial Developments. The...

AMCON Seeks Senate Intervention In Recovery Of N5trn Debt

The Asset Management Corporation of Nigeria has called on the National Assembly for legislative support in recovery of N5trn debt from defaulters. Managing Director/Chief...

I inherited N3.2 bn debt – NAFDAC D-G

The Director-General of the National Agency for Foods and Drugs Administration and Control (NAFDAC), Mojisola Adeyeye, says she inherited a debt of N3.2...

P&ID: How Nigeria’s Attorney General’s Failure To Negotiate Debt Attracted Compounded Interest

The failure of Nigeria's Attorney-General and Minister of Justice, Abubakar Malami, to successfully negotiate an arbitral award with Process and Industrial Developments Ltd,...

Debt management amid Covid-19 and beyond

This webinar was hosted by Debt Rescue and the Mail & Guardian. It featured, from Debt Rescue, Neil Roets, founder and CEO; Annaline...

Why AMCON must recover N5 trillion debt

The Asset Management Corporation of Nigeria (AMCON) Managing Director/Chief Executive Officer, Ahmed Kuru attested to the efficacy of the processes of receivership and...

27-year-old Man Arrested For Attempting To Kill Friend With Gun Over N1000 Debt

A  27-year-old man, Friday Asuquo, has been arrested for allegedly attempting to kill his friend, Kingsley Araimo, with a gun over N1000 debt...
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