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Deep in debt: Worries over Nigeria's borrowing spree

The decision of the Federal Government to continue borrowing funds amid the rising and unsustainable debt burden of the country is raising concern among financial experts and other stakeholders. Nigeria's total public debt, according to the country's Debt

Barcelona in debt, owe 19 clubs £112million

Barcelona still owe 19 clubs around £112million in transfer fees, according to their annual financial report published on Monday. Of that amount, the largest sum they owe is £25m (€29m) to Liverpool. The LaLiga giants still have a big chunk to pay of the initial

2019 Vice Presidential Debate: Buhari administration invested heavily in power distribution - Osinbajo

Vice President Yemi Osinbajo says Nigeria suffered major infrastructural deficit in the 16 years of the Peoples Democraty Party's (PDP) rule. He stated this on Friday in Abuja at the 2019 Vice Presidential Debate organised by the Nigeria Election Debate Group

Transfer: Barcelona 'in debt' over £108m Griezmann deal, Neymar move in danger

Barcelona have admitted they had to take a loan, to pay for the signing of Antoine Griezmann. Last week, the club deposited €120m at the offices of the Spanish League, to release Griezmann from his contract. On Sunday when he was presented, the club's president

Portable cries out over debt, says he was duped in America

Street pop artist, Portable, has opened up about the amount of debt he is in after being duped by tour promoters in America. The controversial artist posted a video claiming that he intended to travel to America but was turned down six times at her embassy

Football legend, Ronaldinho 'facing the seizure of two properties in Brazil in order to pay off tax debts' after inspectors 'found nothing in his bank accounts'

Former Barcelona and AC Milan legend, Ronaldinho is reportedly facing the seizure of two properties in Brazil to pay off alleged tax debts. According to Mail Online, Tax chiefs have ordered a valuation of his real estate assets in Rio de Janeiro and his home

N3.5bn debt: Court freezes Oyo State Govt accounts in 10 banks

A High Court of the Federal Capital Territory, FCT, Abuja, has issued an order freezing the accounts of the Oyo State Government in ten commercial banks in the country. The order was issued by Justice A. O. Ebong in a ruling on a garnishee proceeding initiated

Iran denies involvement in rabbi's murder in UAE

The Iranian Embassy in the United Arab Emirates (UAE) has firmly denied any involvement in the murder of Zvi Kogan, an Israeli rabbi, in the emirates. The statement comes in response to allegations from some Western and Israeli media outlets accusing Iran

Football clubs with the most debts in 2023 (Photos)

Football is a lucrative sport with a lot of financial benefits, but on the other hand, it is expensive to run, especially at club level. Debt and football always go hand in hand, especially at club level. Clubs regularly owe money to banks, other teams, players

Biden struggles in fiery debate with Trump

A halting Joe Biden struggled Thursday to allay concerns he is too old for a second term in the White House in a fiery debate with Donald Trump marked by personal insults. A bombastic Trump lashed out at his successor, calling him a failure on the economy

Deaths recorded as building collapses in Lekki

A tragic incident unfolded in Lekki Phase 1, Lagos State, as a building under construction on Oriwu Street collapsed, resulting in multiple casualties. The collapse, which occurred around 4 p.m. on Wednesday, March 5, trapped several individuals under the

Iyanya Debuts Blonde Hair in New Photos

Mavin artiste, Iyanya took to his Instagram to show off his new look to his fans. The singer has joined the league of male artistes who dyed their hair blond. The 'Mr Oreo' singer added swag to his new look as he stepped out in a grey top, washed out denim

Presidency denies secret recruitments in CBN, FIRS

The Presidency has refuted any secret recruitment of children and close pals of government functionaries at the Central Bank of Nigeria, CBN, and the Federal Inland Revenue Service, FIRS. It also explained the reason behind the exclusion of the private sector

Presidency denies favouring North, Muslims in appointments

The Presidency on Monday said contrary to claims by some individuals and groups, President Muhammdu Buhari has treated all Nigerians without bias for ethnicity or religion in his appointments and policies since he assumed office on May 29, 2015. It said claims

Mother goes viral after withdrawing kids from school due to debt, receives over ₦200k in 7 hours

A Nigerian mother recently went viral after sharing that she had withdrawn her kids from school due to financial difficulties. She received ₦206,000 in donations within just seven hours after reaching out for help on social media. On Wednesday, October 22,

9ice debuts New Look in New Photos

Singer 9ice has unveiled a new look by stepping out boldly in mid-length dreadlocks with ponytails dabbed with a touch of gold dye. The Alopomeji crooner, apparently seems to be reinventing his image with the new look in a set of new photos shot by Mr Arilabadi

China denies aiding or sponsoring terrorism in Nigeria

The Chinese government has denied reports that it is complicit in the proliferation of terrorist activities in Nigeria. The comment was made in reaction to a revelation by a British newspaper, The Times, that claimed Chinese mining industry employees were

JUST IN: Lagos Speaker Meranda denies resignation rumour

The Speaker of the Lagos State House of Assembly, Mojisola Meranda, has denied rumours suggesting that she has resigned. Meranda's Chief Press Secretary, Segun Ajiboye, debunked the rumour on Wednesday. "I'm in the office. The speaker is in the office. I don't