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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.

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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Ribadu,Condemn Canada’s Visa Denial to Military Officials

Through their statement Ribadu and Musa argue that Nigeria must strengthen its international position after Canada denied military officers entry.

Shettima Reaffirms Tinubu’s Commitment to Workers’ Welfare

Nigerian workers receive renewed assurance of support from Shettima who emphasizes wage reforms in addition to economic policies throughout his commitment to Tinubu’s administration.

The Battle Between Traditional Banking and Fintech in Nigeria

Fintech companies are rapidly transforming Nigeria's financial landscape, challenging traditional banks to innovate and collaborate for improved services.

Why Many Nigerians No Longer Trust the Police

Public trust in Nigerian police has declined due to corruption, human rights abuses, and perceived ineffectiveness, highlighting the need for comprehensive reforms.

Senate Proposes N10 Billion for Capital Market Investor Education

The Senate intends to allocate N10 billion for both financial literacy development and market participation.

Closure of Appeal Court in Owerri Raises Justice Concerns

The Owerri Appeal Court faces closure which creates significant legal challenges.

Rhodes-Vivour warns dredging threatens flooding

The ongoing sand-filling activities in Makoko pose a danger to induce significant flooding throughout Lagos Mainland.

How Smuggling Affects Nigeria’s Economy

Smuggling drains Nigeria's revenue, harms local businesses, and fosters corruption, posing significant economic challenges.

Oil Marketers Campaign For A Balanced Competitive Environment

The petroleum market should be competitive according to oil marketers who do not support monopoly control.

IGP Bans Police Officers in Mufti from Carrying Firearms

The Nigerian IGP has issued stringent rules about firearms possession for police personnel to minimize illegitimate conduct.

Veteran Aspirants Challenge Soludo in Anambra 2025 Election

The Anambra political arena is evolving due to zoning disputes which led APC aspirants to oppose Soludo for governorship in 2025.

The Power Struggle Between Federal and State Governments in Nigeria

Exploring the ongoing power dynamics between Nigeria's federal and state governments and the call for restructuring.

Latest articles

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.

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.

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.

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.