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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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EFCC Arrests the Former NHIS Chief Executive For Fraud

The EFCC apprehended the ex-NHIS executive due to fraud allegations combined with his practice of giving contracts to members of his family.
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Akande: I Personally Urged Tinubu To Enter The Presidential Race

Based on Akande's recollection he motivated Tinubu to enter political competition despite financial challenges.
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Court Overrules Yahaya Bello as EFCC Opens N110bn Fraud Trial

Judicial authorities rejected Yahaya Bello's legal challenge while granting EFCC authority to pursue its N110bn fraud case.
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Gov. Abiodun, Yoruba Groups Reject Sharia in South-West

Two Yoruba organizations along with Ogun State government criticize new Sharia religious court structures because they break constitutional guidelines.
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NAF’s Pledges Steady Resistance Against Security Threats

Through NAF Air Marshal Abubakar declares his institution will continue their fight against insecurity and their efforts to revamp personnel organizations.
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Sowore Pleads Not Guilty to Cybercrime Charges, Seeks Bail

Activist Omoyele Sowore maintains his innocence through his not guilty plea to charges for posting comments against IGP on social media platforms.
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Court Lifts Asset Freeze on GHL in First Bank Loan Dispute

The High Court lifted First Bank's ordered asset freeze on assets of General Hydrocarbons due to an earlier arbitration ruling.
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How to Turn Your NYSC Year into a Game-Changer for Your Career

Maximize your NYSC year by building skills, networking, and exploring opportunities that will turn your service year into a career game-changer
Business

Cadbury Reports N10.4billion Loss for 2024

N10.4billion remained the reported operating deficit for Cadbury Nigeria during 2024 because of its successful revenue expansion.
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Aregbesola’s Group Stepped Out of APC

The Rauf Aregbesola-led political faction of APC has withdrawn from the party following complaints about Osun state leadership instability.
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NMDPRA Issues Gas Licenses to Address Grid Collapse

The Nigerian Midstream and Downstream Petroleum Resource Regulatory Authority creates gas licenses to prevent grid failure across the nation.
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5 Initiatives Encouraging Tech Growth in Nigeria

Nigeria accelerates tech growth with initiatives like 3MTT, Digital Skills for Africa, Lagos Free Tech Zone, iDICE program, and USPF.
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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.