HomeNews

News

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.

Keep exploring

Trump’s Energy Policies May Affect Nigerian Exports, Revenue

Trump U.S. energy policy shifts could reduce Nigerian crude oil exports, cash flow. They are calling for domestic refining investments.

5 Strategies to Boost Youth Employment in Nigeria

Addressing youth unemployment in Nigeria requires a multifaceted approach, including enhancing vocational education, fostering entrepreneurship, strengthening public-private partnerships, investing in the green economy, and implementing effective employment policies.

IIF Board Chairman Aigbogun Named to Boost Impact Investment

Ishmael and Hassan join NABII with Frank Aigbogun as they become IIF Board Chair and further strengthen Nigeria’s impact investment ecosystem.

Alison-Madueke Defended By Human Rights Group

Nigerians have been asked to stop making unfounded allegations against Diezani Alison-Madueke and to put the rule of law front and centre by working with evidence based justice.

NASU, ASCSN Back JAMB’s ₦1.1billion Staff Feeding Allocation

NASU and ASCSN fight for JAMB’s ₦1.1 billion staff feeding as they defend budget expansion, transparency.

7 Rising Nigerian Artists You Should Have on Your Playlist in 2025

Meet 7 rising Nigerian artists redefining Afrobeat, R&B, and pop in 2025 with hit songs and compelling artistry. Add them to your playlist today.

How the Japa Phenomenon Is Reshaping Nigeria’s Workforce and Families

The Japa phenomenon is reshaping Nigeria’s workforce and families, causing brain drain and family separations while boosting remittances and economic opportunities.

Labour Party Caretaker Committee Challenges Abure’s Victory

Julius Abure's court victory is rejected by the Labour Party caretaker committee which says its support stems from majority of stakeholders and procedural flaws in recent rulings.

Adeleke Commends DSS For Arrest of Suspected Terrorists In Osun

Osun Governor Adeleke praises DSS for arresting alleged Boko Haram, ISWAP members, pledges to work with them to ensure security.

N800 Billion Insufficient to Fix Nigeria’s Roads — Umahi

Nigeria’s road infrastructure needs increased funding and the N800 billion allocation is too little for the country, says Minister Dave Umahi.

Peter Obi Explain N1.5 Billion Humanitarian Contributions

Peter Obi shares how he contributed N1.5 billion to humanitarians in 2024 in the areas of education, healthcare, and the societal impact.

IGP Refutes Claims of Submitting Two Budget Versions to National Assembly

IGP clarifies budget confusion at National Assembly, denies submitting two proposals, and highlights funding challenges facing the police.

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.