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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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Why Many Nigerian Politicians Avoid Public Debates

Nigerian politicians avoid debates due to fears of scrutiny, media bias, and strategic campaign considerations, affecting voter access to crucial information.

Gospel Film Star Moses Korede Are, ‘Baba Gbenro,’ Laid to Rest

Gospel film star Moses Korede Are, widely known as Baba Gbenro, was laid to rest as fans and colleagues honored his legacy in Christian films

JAMB Postpones UTME 2025 Registration to February 3

JAMB delays UTME 2025 registration to February 3 for system review.

The Dark Side of Social Media Fame in Nigeria

Social media fame in Nigeria presents challenges including psychological stress, privacy invasion, and ethical dilemmas, impacting individuals and society.

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.

Obi Rejects Akande’s #EndSARS Claims as Historical Distortion

Through his interview Obi dismisses Akande's #EndSARS description by labeling it distorting history.

Pro-Government Group to Counter NLC’s Telecom Tariff Protest

The NCWGG launches a campaign to counter NLC’s anti-tariff protest while supporting the position of NCC.

Why Nigerian SMEs Are Struggling to Get Loans

Nigerian SMEs face challenges securing loans due to high collateral demands, interest rates, and limited financial records, restricting business expansion.

Why Vigilante Groups Are Becoming More Popular in Nigeria

The increasing prominence of vigilante groups in Nigeria is driven by escalating security challenges, perceived inadequacies in formal law enforcement, and deep-rooted socio-political dynamics.

5 Podcasters Changing the Narrative on Social Issues

These five Nigerian podcasters are changing the narrative on social issues by challenging gender roles, tackling mental health stigma, and inspiring social change

5 Ways Nigeria Can Strengthen Its Anti-Corruption Fight

Nigeria can strengthen its anti-corruption fight through institutional reforms, legal enforcement, public education, and technology-driven accountability.

NLC Plans Nationwide Protest Against Telecom Tariff Hike

NLC engages in extensive national protests because of the 50% rise in telecom tariffs.

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.