America’s online gambling addiction is driving young people to bankruptcy court

Online sports betting has surged in popularity.bluecinema/Getty Images Online sports betting is leading some young Americans into massive amounts of debt. Consumer bankruptcy attorneys say they’ve seen a surge of young clients with gambling-related debt. “They’re betting hundreds of dollars per hour, and not really knowing it,” one attorney said. The online sports betting boom…

Tinubu grants 30% debt relief to airlines

From Sola Ojo, Abuja In a major boost to Nigeria’s aviation sector, President Bola Tinubu has approved a 30 per cent reduction in statutory debts owed by domestic airlines, a move aimed at easing financial strain and sustaining operations amid rising fuel costs. At a meeting with government officials two days ago, key airline operators…

Ekurhuleni launches new debt relief scheme for struggling residents

The City of Ekurhuleni has called on financially distressed residents to apply for debt rehabilitation under its newly approved revised debt relief and rehabilitation incentive scheme. Executive Mayor Nkosindiphile Xhakaza emphasised that consistent payment for municipal services remains essential to the city’s sustainability and service delivery efforts. “Without revenue, there can be very little service…

Tinubu Grants 30% Airline Debt Relief, Orders Urgent Review Of Fuel And Aviation Charges – Arise News

Bola Tinubu has intervened in Nigeria’s deepening aviation crisis, approving a 30 percent debt relief for airline operators and directing urgent negotiations on soaring jet fuel prices and aviation charges. The intervention followed an emergency meeting in Abuja involving the Minister of Aviation and Aerospace Development, Festus Keyamo, airline operators, and regulatory agencies over the…

Tinubu Grants 30% Debt Relief to Domestic Airlines

President Bola Tinubu has approved a 30 percent reduction in debts owed by domestic airlines to federal aviation agencies, in a move aimed at easing mounting financial pressure on operators grappling with soaring fuel costs. According to Reuters, the Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed the approval…… President Bola Tinubu has approved…