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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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Sit-at-Home Order Ends in Enugu, Mbah Commits to Development

Enugu: Mbah ends sit at home orders, unveils ambitious development goals
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PDP Targets 2027 with Vision for Governance Expansion

As it faces economic anxiety, PDP eyes presidency, governorship expansion in 2027.
Business

SEC to Tackle Ponzi Schemes, Enhance Commodities Market

SEC vows to crack down on Ponzi schemes and expand commodities market in 2025.
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Growing the Nigerian Tourism Industry

Nigeria’s tourism industry holds vast potential but faces challenges. Strategic investments and branding can unlock opportunities for growth and transformation.
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Real Estate Boom in Nigeria: Opportunities and Risks

Nigeria's real estate market is booming, offering growth opportunities and challenges for investors to navigate strategically.
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APC Labels Peter Obi ‘Nigeria’s Prophet of Doom’ Over Criticism

APC dismisses Peter Obi’s criticisms, labeling him a "prophet of doom" while defending Tinubu’s economic and security achievements
Business

The Emergence of AI in Nigeria’s Leading 5 Companies

AI transforms Nigeria's top companies, boosting efficiency, innovation, and growth across banking, telecoms, fintech, manufacturing, and energy.
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CBN Explains Voluntary Resignation of 1,000 Workers in 2024

CBN explains that 1,000 workers left voluntarily through its Early Exit Program, addressing career stagnation and enhancing workforce efficiency.
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EFCC, DSS Allocate N2 Billion for Vehicle Fuel in 2025

In 2025, EFCC, DSS to spend N2bn on fuelling operational vehicles.
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NNPCL’s Refinery Invitation Criticized by Obasanjo

Obasanjo says NNPCL’s refinery invitation is disrespectful.
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Wike Promises Improved Security, Transport and Infrastructure

Wike pledges to concentrate on security and transportation.
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Tinubu Promises Better Times for Nigerians in 2025

Economic growth by 2025 will usher in brighter days for Nigerians: Tinubu.
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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.