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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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3 лучших Форекс-брокера в Беларуси ++ Сравнение и обзоры

Топ форекс брокеров в Беларуси 2025 Надежные компании с лицензией НБ РБ Trading 212...
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3 лучших Форекс-брокера в Беларуси ++ Сравнение и обзоры

Топ форекс брокеров в Беларуси 2025 Надежные компании с лицензией НБ РБ Trading 212...
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ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.
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LPPC suspends Mike Ozekhome’s SAN rank

The Legal Practitioners' Privileges Committee has suspended Chief Mike Ozekhome's Senior Advocate of Nigeria rank pending the determination of disciplinary proceedings against the constitutional lawyer.
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Crude oil crashes to $73 but Nigerian petrol prices stay above N1,200 per litre

Nigerian petrol prices remain above N1,200 per litre despite crude oil crashing to $73 per barrel on Wednesday, its lowest point since the US-Iran conflict began.
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FG orders banks to freeze assets of terrorism financiers

The Federal Government has directed banks and other businesses to freeze the assets of terrorism financiers, backing US sanctions on a Nigerian ISIS financier and three bureaux de change.
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EFCC to arraign Miyetti Allah president Bello Bodejo over $2.53m laundering charge

The EFCC has filed a 12-count charge against Miyetti Allah Kautal Hore president Bello Bodejo over alleged money laundering and terrorism financing totaling $2.53m.
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Kaduna governor Uba Sani says bandits are terrorists who must be eliminated

Kaduna Governor Uba Sani has declared that armed bandits responsible for killings and abductions are terrorists who must be eliminated without leniency.
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Kebbi government warns of new terror group ‘Sai Malam’ spreading across northwest

Kebbi State officials flagged a new terror group, Sai Malam, at a security meeting with the Inspector-General of Police in Birnin Kebbi on Wednesday.
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Senate Passes Bill to Establish State Police in Nigeria

KEY POINTS The Senate has passed a constitutional amendment bill creating a framework for...
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DSS Orders Probe Into Courtroom Scuffle After Sowore’s Remand

KEY POINTS DSS has launched an investigation into the altercation involving its operatives, Omoyele...
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Police Dismiss Viral Katsina Video, Say Armed Men Were Vigilantes

KEY POINTS Police have dismissed claims that officers were fraternising with armed bandits in...
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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.