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Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
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NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.

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Visa processing shift won’t affect Abuja embassy operations, US says

The US Mission in Nigeria says moving routine visa processing from Abuja to a Lagos hub will not affect the Abuja embassy or valid visas.
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Visa applications from Nigerians to South Africa double despite xenophobia, envoy says

Visa applications from Nigerians to South Africa have almost doubled in recent months despite xenophobic attacks, the country's consul-general in Nigeria says.
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Nigeria registers 14.5m children in push for legal identity for every child

Nigeria has registered more than 14.5 million children under an intensified birth registration drive to give every child a legal identity, the NPC says.
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Delta Suspends Works Commissioner Over Alleged Assault

KEY POINTS Delta suspended Works Commissioner Izeze Reuben indefinitely. The move follows an alleged...
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Colonel Ma’aji says Alleged Coup Plan was Driven by Concern for Nigeria

KEY POINTS Ma’aji says patriotism drove the alleged coup plan. He cited hardship, governance...
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Troops Foil Planned Terrorist Attack on Katsina Village

KEY POINTS Troops stopped a planned attack in Charanchi. Police and local security groups...
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EFCC Arrests Man Over Alleged N3 Million Fraud

KEY POINTS EFCC arrests Nuhu Dahiru in Maiduguri. N3 million was reportedly recovered from...
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South-East Families Still Searching for Missing Relatives, Report Says

KEY POINTS Thousands of families reportedly still seek missing relatives. Groups allege secret detention...
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Soldiers Repel Midnight Attack on Borno Military Base

KEY POINTS Soldiers repel midnight attack in Gajiram. Several troops reportedly injured during the...
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Woro Abductees Say Helicopter Took Ransom Money to Kidnappers

KEY POINTS Woro Kidnap victims spent nearly six months in captivity in Kwara State. ...
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Army, police deploy drones to search Kogi forests for kidnap victims along Okene-Auchi Road

The Kogi State Police Command and the Nigerian Army have launched a joint forest search for kidnap victims along the Okene-Auchi Road, deploying drones and tactical teams across suspected hideouts.
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CBN, NDDC, NUPRC snub Senate committee probing NEITI oil and gas audit reports

The Central Bank of Nigeria, NDDC and the Nigerian Upstream Petroleum Regulatory Commission have ignored Senate summons over NEITI oil and gas audit reports covering three years.
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Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.
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N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.