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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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Business

CBN Launches Specialized Accounts to Help Nigerians in Diaspora

The diaspora investments are encouraged as CBN launches its NRNOA and NRNIA accounts.
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Reforms May Bring Hardship, but Offer Hope Ahead, Says Senator Kalu

Senator Orji Uzor Kalu reassures Nigerians that reforms, though tough, will lead to better days and improved governance under the APC.
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Lagos’ N3.36 Trillion Budget Signed By Sanwo-Olu

The N3.36 trillion budget signed by Lagos, places emphasis on infrastructure and innovation.
Business

Otedola’s Reforms Gain Shareholders Support Despite Controversy

Otedola gets support of FBN shareholders, calls for transparency in capital raising.
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Govt Proposes 53% Rise in Military Retirees’ Budget

FG boosts military retirees’ budget by 53%, addressing past grievances.
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The Role of NGOs in Nigerian Society

NGOs in Nigeria play a crucial role in education, healthcare, and sustainability, bridging gaps and empowering marginalized communities for social change.
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Nigeria’s Commitment to the Paris Climate Agreement

Nigeria is tackling climate change under the Paris Climate Agreement with ambitious emission reduction targets, renewable energy initiatives, and international collaboration.
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5 Nigerian Media Outlets Shaping Conversations on Democracy

Explore five Nigerian media outlets transforming democracy through accountability, investigative journalism, and fostering informed citizen participation
Business

Nigeria’s E-commerce Boom: Opportunities and Risks

Nigeria's e-commerce boom drives economic growth, creates jobs, fosters innovation, but faces infrastructure, security, and regulatory challenges.
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APC Governors Can’t Intervene In El-Rufai’s Ministerial Rejection

Governor Sule states PGF has no role in El-Rufai’s ministerial nomination rejection, highlighting party unity and procedural independence.
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FG to Approve Telecom Tariff Hike Below 100 Percent

FG to approve reasonable telecom tariff hike, ensuring balance between consumer protection and sector sustainability.
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Gov. Yusuf Warns Kano Commisioners against Disunity

Governor Yusuf issues stern warning to Kano commissioners, emphasizing unity and celebrating 2024 achievements.
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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.