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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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Boko Haram Resurfaces, Targets Another Chibok Community

Northern Borno communities in Southern Borno are facing increased violence, including Boko Haram attacks in Yimirmugza village in Chibok.
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Abuja-Kaduna-Kano Road to be ready in 14 Months

Advanced upgrades and extensions to be announced on Abuja-Kaduna-Kano road rehabilitation set to come up within 14 months.
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PenCom Partners BPSR to Link IPPIS With Pension System

BPSR in partnership with PenCom ensures that retiree transitions are smooth by linking IPPIS to Nigeria’s pension system and in developing performance training for retirees.
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5 Sectors to Watch for Investment Opportunities in Nigeria

Nigeria offers vast investment opportunities across agriculture, tech, renewable energy, healthcare, and real estate, promising growth and returns.
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How Lagos Became the Entertainment Capital of Africa

Lagos is Africa’s entertainment hub, thriving on its cultural richness, creative talent, and global reach in music, film, and fashion.
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5 Social Media Platforms Empowering Young Nigerian Entertainers

Social media platforms like TikTok, Instagram, and YouTube empower young Nigerian entertainers, helping them reach global audiences and monetize their creative talents
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NNPCL On Transparency, Transmits N10 Trillion in 2024

NNPCL makes N10 trillion remittance in 2024 on the basis of the optimal level of transparency; NPA’s projected revenue increased by National Assembly.
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NASS Exonerates JAMB from Financial Corruption Accusations

NASS absolves JAMB of financial mismanagement, lauding the Registrar’s transparency and prudent resource management
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Reps Deputy Chief Whip, Adewunmi Onanuga, is Dead, Aged 59

Hon. Adewunmi Onanuga, Deputy Chief Whip of the House of Representatives, dies at 59 after a brief illness.
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How State Governors Influence Nigeria’s Development

State governors play a key role in Nigeria’s development, driving growth through policies, resource management, and security initiatives.
Business

5 Nigerian Innovators Who Are Shaping Africa’s Tech Future

Explore how five Nigerian innovators are transforming Africa’s tech future through groundbreaking work in connectivity, healthcare, education, and entrepreneurship
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CUPP: Rejects APC in 2027 Over Insecurity

Citing worsening insecurity, as well as ineffective leadership, CUPP is calling on Nigerians to reject APC in 2027.
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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.