debt

Reps probe Oando, Chevron, Mobil, Shell, AITEO, Seplat, others over N9.4trn debt

Nigeria’s House of Representatives, through its Committee on Public Accounts, is commencing investigative hearings aimed at addressing significant outstanding debts…

Businessman Ogbole Drags FCMB To Court, Seeks $60,206, N25M For ‘Unpaid Commission’

A businessman, Michael Ogbole, has instituted a lawsuit against First City Monument Bank (FCMB), demanding $60,206.66 as ‘unpaid commission’ from…

Police indict Sterling Bank for alleged ‘$28.3m money laundering, fraudulent deductions’

Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of…

General Hydrocarbons Accounts Frozen Amidst $225.8 Million Debt Dispute

The Federal High Court in Lagos has frozen the accounts of General Hydrocarbons Limited owned by Mr. Nduka Obaigbena, in all financial…

AMCON Takes Legal Action Against Caronc Investments MD Christopher Alabi for Unpaid Debt

The Assets Management Corporation of Nigeria, AMCON has sued Christopher Alabi, the group chairman of Caronc Investments Limited and five…

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

A Nigerian mother recently went viral after sharing that she had withdrawn her kids from school due to financial difficulties.…

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