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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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Julius Berger, Senate Resolve Dispute Over Abandoned Projects

Senate and Julius Berger resolve dispute with Julius Berger, emphasize transparency, timely project delivery.

Decentralized Electricity is Vital For AI Adoption, Okonjo-Iweala

Okonjo-Iweala: Decentralized electricity, investments in AI infrastructure crucial for Nigeria's readiness.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Brent Crude On Brink Of $80, Fuel Prices Could Rise

Nigerian fuel prices rise as Brent crude hits $79.76.

Tax Reform Bills Move Forward in the Senate

Key challenges resolved, Senate set to pass tax reform bills.

How Nigerian Celebrities Are Advocating for Mental Health Awareness

Nigerian celebrities are advocating for mental health awareness, breaking stigmas through personal stories, collaborations, and impactful entertainment.

Why Nigerian Youths Are Moving Into Agriculture

Nigerian youths are embracing agriculture, using technology and entrepreneurship to transform the sector, address food security, and drive economic growth.

Why Gen Z Nigerians Are Dominating Instagram

Gen Z Nigerians dominate Instagram with creativity, entrepreneurship, and advocacy, redefining cultural trends and leveraging the platform for global influence.

Four Airlines Approved for 2025 Hajj Operations by FG

Air Peace, Fly Nas, Max Air and UMZA approved by FG for 2025 Hajj.

Civilian Death’s Allegation Denial in NAF Zamfara Airstrike

Zamfara airstrike denies civilian casualties, investigates vigilante casualty claims

Pension Reforms and Minimum Pension Being Lauded

FG commended for 20 percent pension hike and implementation of N32,000 minimum pension.

World Bank Moves to Revitalize 58 Nasarawa PHCs with IMPACT

IMPACT combats malnutrition and improves healthcare access and training at 58 PHCs in Nasarawa.

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.