Music executive Ubi Franklin has shed light on his financial situation, revealing that he owes approximately ₦30 million.

This disclosure comes as rumors swirl about his alleged dismissal by Chioma Rowland, wife of Davido, which gained traction when the DMW crew failed to acknowledge his birthday on social media.

In a candid video, Ubi Franklin acknowledged his debt, framing it as a routine aspect of his business dealings.

He also shared that others owe him a substantial sum of ₦782 million, providing a more nuanced view of his financial landscape.

By sharing this information, Ubi Franklin seeks to clarify the speculation surrounding his finances and provide a more accurate understanding of his situation.