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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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5 Challenges Young Nigerian Creatives Face and How to Overcome Them

Young Nigerian creatives struggle with funding, exposure, and infrastructure challenges. Learn how to navigate thesobstacles and succeed in Nigeria’s creative industry
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Blockchain Technology will Create Better Capital Market Regulation

The Securities and Exchange Commission has declared plans to integrate blockchain because it will enable improved regulatory efficiency together with greater security and transparency.
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FG to Take Over Unfinished Lagos-Ibadan Expressway Sections

The Federal Government planned to assume control of incomplete sections along the Lagos-Ibadan Expressway starting from April 2025.
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How Tribalism Still Affects Job Opportunities in Nigeria

Tribalism continues to shape job opportunities in Nigeria, influencing hiring practices, government employment policies, and social acceptance in the workplace.
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Bolt App Drivers in Lagos Reject a Proposed 50% Decrease

Bolt Drivers in Lagos have refused a 50 percent discount to fares due to fair pricing demands and organize a protest.
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Tinubu Challenges Court’s Power to Order His Impeachment

Tinubu petitioned the court to dismiss the impeachment proceedings and denied any infringement of rights of the plaintiffs.
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The Dark Reality of Domestic Violence in Nigeria

Domestic violence in Nigeria affects a significant portion of the population, with 30 percent of women aged 15-49 experiencing physical violence and 68 percent facing various forms of abuse. 
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NDLEA Arrests Businessman with 81 Cocaine Pellets in Stomach

Key Points NDLEA arrested 59-year-old Chijioke Igbokwe at Lagos airport after recovering 81 cocaine...
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Usman Yusuf: Former NHIS Boss Arraigned for Alleged Fraud

Key Points Former NHIS Executive Secretary Usman Yusuf pleaded not guilty to a five-count...
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6 Political Podcasts That Educate and Empower Nigerian Youth

Explore six political podcasts that educate and empower Nigerian youth, fostering informed and active citizenship
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Marketers Face Losses as Dangote Refinery Slashes Fuel Prices

The reduction of PMS price to N890 causes concern for marketers at Dangote refinery.
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EFCC Chair Criticizes Nigerians for Defending Corrupt Leaders

The EFCC chair through his remarks asked Nigerians to end their dual support for corrupt leadership since they condemn corruption.
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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.