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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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Air France Flight Diversion Leaves Nigerian Passengers Stranded in Togo

Air France diverted a Paris-Abuja flight to Lomé due to bad weather, leaving passengers stranded. Minister Festus Keyamo demanded immediate action.
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Why Some Nigerian States Have Better Roads Than Others

Nigerian road quality differs across states due to economic strength, governance, and investment disparities, affecting transportation and development.
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FG Launches 990kW Mini-Grid to Power 3,900 Niger Households

The Federal Government introduced the 990kW mini-grid system in Niger State through EU and German funding to serve 3,900 households.
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Nigeria Immigration Arrests 376 Illegal Immigrants in Ogun

Illegal immigrants totalled 376 in Ogun State after they failed to show valid immigration documentation to Nigeria Immigration. Authorities are processing their deportation.
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How Local Festivals Are Driving Tourism in Nigeria

Nigeria's vibrant festivals play a pivotal role in boosting tourism and preserving cultural heritage.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
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Nigeria Upgrades Visa-on-Arrival Policy, not Cancellation

The revised Visa-on-Arrival policy of Nigeria has undergone an operational enhancement for rapid processing and enhanced protective security features.
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The Untold Struggles of Being the Firstborn in a Nigerian Family

Firstborns in Nigerian families face unique pressures, balancing parental expectations and sibling responsibilities.
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The Impact of Illegal Sand Mining on Nigeria’s Environment

Unregulated sand extraction in Nigeria leads to severe environmental and socio-economic impacts, necessitating immediate sustainable interventions.
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El-Rufai Rules Out PDP, Hints At Possible Political Realignment

El-Rufai moved away from PDP yet indicated his willingness to form a new political alliance in case the APC faces permanent failure.
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El-Rufai Declares Tinubu Rejected His Ministerial Position

In a statement to the media El-Rufai declared that Tinubu refused to confirm him as a minister although Senate members rejected the decision to do so.
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Election Observers Criticized Police Conduct, Credit To OSIEC

An election monitoring group gave high marks to the OSIEC's execution of the Osun LG election process but declared strong disapproval of police aggressive behaviors during voting.
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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.