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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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2027: Atiku, Obi Pact, Kwankwaso Denies

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Funke Akindele’s ‘Everybody Loves Jenifa’ Sets Nollywood Box Office Record

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Presidency Urges Bauchi Governor to Retract Tax Reform Threat

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Top 10 Nigerians Redefining Media and Entertainment in 2024

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Lagos State Appeals Doctor’s Acquittal in Child Defilement Case

Lagos State appeals Supreme Court to reverse acquittal of Dr. Femi Olaleye in child defilement case.

Salaries Allocated N298bn, Nothing For Capital — NASENI

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Competition from Dangote, NNPC Reduce Petrol Prices in Nigeria

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Seized Petrol Would Be Sold at N400 Per Litre: Customs

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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.