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Tag: Debt

Gambling and the false promise...

Gambling and the false promise of instant...

Power sector bond: FG borrows...

Power sector bond: FG borrows ₦501bn to...

Gambling and the false promise of instant riches among young people, by Martha Gwary

Gambling and the false promise of instant riches among young people, by Martha Gwary As betting shops and online platforms spread across Nigeria, thousands of young people are being lured by false promises of quick wealth. Behind the bright adverts and jackpot claims lie stories of addiction, debt, broken dreams and, in some cases, death. Gambling: A Silent Terror Gambling has quietly become one of the most destructive habits among Nigeria’s youth, thriving on economic hardship, mass unemployment and desperation. From street-corner betting shops to mobile phone apps, gambling is now available 24...
Mercy Adaje -
News

Nigeria’s debt profile...

Nigeria's debt profile to hit ₦160 trillion as Tinubu’s govt prepares to borrow additional ₦9.3 trillion Nigeria’s total public debt could soar to ₦160.6 trillion...
Maryam Umar -
International

Debt service payments...

Debt service payments soar to $921 billion, threatening development progress - UN Debt service payments by developing countries soared by 74 billion dollars in 2024...
Salim Sani -
News

Nigeria’s public debt...

Nigeria’s public debt hits record ₦149.3Trillion under Tinubu government A review of the Debt Management Office data by has shown that the country’s public debt...
Maryam Umar -
Energy & Power

GenCos to shut...

GenCos to shut down operations over huge debt owed by FG The Association of Power Generation Companies (APGC) has warned of an imminent shutdown of...
Maryam Umar -
News

Late Nigerian boxer...

Late Nigerian boxer insisted on fighting because of mounting debts - Official The Nigeria Boxing Board of Control says boxer Segun ‘Success’ Olanrewaju, who died...
Dajen Comfort Yakubu -
Business & Economy

States’ debt reaches...

States' debt reaches ₦11.4tn as federal allocations increase The total debt of Nigerian states has risen to ₦11.47 trillion as of June 30, 2024, reflecting...
Uchechi Ojo -
Crime

Father sells newborn...

Father sells newborn baby online to settle debts An Indonesian father has been arrested for selling his infant baby online in order to fund his...
Hafsat Aleeyu Muye -
NAFDAC

I inherited ₦3.2bn...

I inherited ₦3.2bn debt, ₦500m unaccounted for when I assumed office — NAFDAC DG, Adeyeye The Director General of the National Agency for Food and...
Maryam Umar -
News

Nigeria’s public debt...

Nigeria's public debt soars to N121 trillion in March The Debt Management Office (DMO) says  Nigeria's total public debt has soared to a staggering N121.67...
Jane AISO -
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