Publisher of Oil & Gas Report, Toyin Akinosho, has said the controversy surrounding the Federal Government’s reported write-off of NNPC’s debts should not be misconstrued as proof that the national oil company is insolvent, stressing that the issue is rooted in accounting reconciliation rather than financial collapse.

Speaking during an interview with ARISE News on Tuesday, Akinosho said public outrage was understandable but cautioned against mischaracterising how profit, debt and reconciliation work in corporate accounting.

“I share the concern that most Nigerians genuinely feel that NNPC is punching below its weight,” he said. “So whenever we hear news like this, it’s something that everybody…

The holiday lights come down.
The decorations get packed away.
And then reality shows up — quietly, relentlessly — in your mailbox and inbox.

Those joyful moments from December? They reappear in January as credit card statements, loan balances, and overdue notices. For many families, the excitement of the season is quickly replaced by stress, anxiety, and a sinking feeling of “How am I going to handle this?”

If you’re feeling post-holiday financial pressure, you’re not alone. Every year, millions of Americans enter the new year carrying more debt than they planned. The good news? This moment doesn’t define you — and it doesn’t have to spiral.

With the right mindset, strategy, and…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

WICHITA FALLS, Texas (KAUZ) – With the aftermath of holiday shopping finally sinking in, Texoma Community Credit Union aims to guide Texoma families through debt with advice on topics like how to save in advance, choosing credit cards, and more.

After Christmas, many Texomans feel a dent in their pocketbooks from buying gifts, and are often in debt going into the new year.

Lauren McKechnie, Vice President of Marketing for the Texoma Community Credit Union (TCCU), said that the organization offers tools such as debt consolidation loans, as well as advice on saving in advance and being careful when looking at credit cards and “buy now, pay later” options.

“The holiday season is just so busy in terms of activities, and of course gifts…

Louise remembers receiving a notice from the Australian Taxation Office (ATO) telling her she had just 21 days to pay about $20,000 of tax debt racked up in her name without her knowing.

Last year, Louise (her real name has been concealed for her protection) received a director penalty notice (DPN) from the ATO for unpaid GST and withheld PAYG linked to a company she had no idea she was a director of.

Despite her not knowing the company existed, the notice made her liable for the debt.

“That was the first time I realised the situation I was in and I was so overwhelmed,” she told ABC News.

The single mother of two remembers thinking at the time:…

Key Highlights from the Latest Monthly Update

• Continuation of Compulsory Liquidation: The board of SDAI Limited has released its latest monthly update regarding the compulsory liquidation of its subsidiary, KHL Marketing Asia-Pacific Pte Ltd, in compliance with Rule 704(22) of the SGX Catalist rules.
• No Material Developments Reported: Since the last update (the “28 November Announcement”), the Board has confirmed that there have been no further material developments that may significantly impact the financial position of SDAI Limited.
• Trading Suspension Still in Effect: Shares of SDAI Limited remain suspended from…

Key Highlights

• Sing Holdings Limited has placed its 70%-owned indirect dormant subsidiary, Fernvale Green Pte. Ltd., under members’ voluntary liquidation.
• Fernvale Green Pte. Ltd. is a dormant entity, with no active business operations.
• The company stated the liquidation is not expected to have any material impact on the consolidated net tangible assets per share or consolidated earnings per share of the Group for the financial year ending 31 December 2025.
• No director or controlling shareholder of Sing Holdings Limited has any direct or indirect interest in this transaction, other than through their shareholdings in the Company.
• The…

The ongoing dissolution of the LeFever Mattson real estate empire hit home in a big way in early December, when the once-burgeoning investment group signed an agreement to sell its most visible — and valuable — local property, the Cornerstone Sonoma complex, as part of the company’s bankruptcy liquidation.

A company called Highland Pacific Capital LLC, incorporated in August and based in Walnut Creek, is purchasing the 9-acre collection of office units, shops, tasting rooms, restaurants and gardens for $10.65 million.

That represents a significant loss for LeFever Mattson, which in January 2019 bought the property for $18 million from a holding company of Sonoma developer and lobbyist Darius Anderson, along with the culinary venue…