By Joe Udo ABUJA (CONVERSEER) – The 2023 presidential candidate of the Labour Party, Peter Obi, has raised concerns over Nigeria’s growing debt profile, worsening insecurity, and deepening poverty under President Bola Tinubu’s administration, warning of a looming fiscal and development crisis. In a statement on Monday, Obi criticised the National Assembly for approving new…
Reading Time: 3 minutes It’s been a busy day for Justin Bieber! And for once, we have some updates on the troubled singer that are not entirely negative. Yes, it was revealed today that Justin will be dropping his seventh studio album on Friday. We also learned that the Biebs managed to settle his beef…
By Akin Kuponiyi A fierce legal battle has erupted between insurance giant Mutual Benefits Assurance Plc and Prime Exploration and Production Limited, as the former drags the oil company before a Federal High Court in Lagos over an alleged unpaid debt exceeding ₦10 billion and $36 million. In a winding-up petition jointly filed by Mutual…
A review of the Debt Management Office data by SaharaReporters has shown that the country’s public debt grew to N149.3 trillion as of March 31, 2025. This development means the debt increased from the N144.6 trillion recorded as of December 2024. According to the review, domestic debt rose by N4.4 trillion between December 2024 and March 2025,…
This post may contain affiliate links that at no additional cost to you, we may earn a small commission. Read the Disclosure Policy for more information. Last Updated on May 29, 2025 by Katie While 77% of American households carry some form of debt, there’s a growing community of people who’ve mastered the art of financially…
Digital chronic condition management company DarioHealth announced it closed a debt financing facility for up to $50 million by Callodine Group and Rand Capital. The new funding restructures the company’s prior credit facility and will be used to advance its B2B2C strategy across pharma partners, self-insured employers and payer organizations. DarioHealth borrowed $32.5 million at…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK bond sales are forecast to rise to almost £310bn next year, a near record sum that will provide the latest test of market confidence in Rachel Reeves’ spending plans. Alongside the chancellor’s Spring Statement…
Jessie Cave, who played Rupert Grint’s character Ron Weasley’s girlfriend in the popular Harry Potter franchise, confessed she joined OnlyFans to pay off her debt. “Boob jobs, blame and OnlyFans.” That is how the ‘Harry Potter’ actress introduced her podcast, as she opened up about her new venture on the social media platform primarily known…
The Nigeria Deposit Insurance Corporation (NDIC) has appealed for the continued support of external solicitors’ of the Corporation in facilitating debt recovery and assets realisation of failed banks. Mr Hassan Bello, the Managing Director of NDIC, made the appeal at the 2024 Sensitisation Seminar for External Solicitors of the NDIC in Abuja on Thursday….
An analysis of data released by the Debt Management Office, reviewed by SaharaReporters, reveals that President Bola Tinubu’s administration spent N3.5 trillion on debt servicing between July and September 2024. The data also indicates that $1.338 billion was allocated to external debt servicing during the same period. The government, in the DMO data announcing the…
