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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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Health Workers Threaten Indefinite Strike Over MoU Implementation

FG’s delay in implementing healthcare reform sparks threat of strike by JOHESU.
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Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.
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PDP Slams APC Over Food Stampedes Killing Dozens in Nigeria

PDP condemns APC policies for rising hunger and food stampedes in Nigeria, calling for reforms and accountability after tragic deaths
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Federal Government Lifts Mining Ban in Zamfara, Boosting Economy

FG lifts Zamfara’s mining ban, citing security improvements, economic revival, and steps to regulate and combat illegal mining activities.
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How Fintech Is Transforming Financial Access in Nigeria

Fintech is transforming financial access in Nigeria, driving inclusion, empowering businesses, and revolutionizing how people interact with money.
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Food, Transport Costs Rocket in Nigeria Before Christmas

Rising food and transport costs are threatening Christmas celebrations for many Nigerians.
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Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.
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Nigeria Needs $20 Billion Annually to Hit 2027 Growth Goals

Nigeria needs $20 billion yearly for 6.3% economic growth by 2027, says Wale Edun. Increased tax revenue is essential.
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Abuja Land Owners Get Two Weeks Final Ultimatum To Pay C Of O

Landowners in Abuja must pay their Cof O bills by January 3 or they lose plots.
Business

FCT-IRS Exceeds ₦250 Billion Tax Revenue Target for 2024

FCT-IRS generated ₦252 billion in 2024, surpassing its target with reforms and future plans focusing on new revenue streams
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Court Orders Immediate Restoration of Suspended Edo Council Chairmen

A High Court reinstated Edo’s suspended council chairmen, emphasizing collaboration and democracy in local governance amid political tension.
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How Nigerian Comedians Are Reshaping the Art of Humor

Nigerian comedians are reshaping humor through storytelling, satire, and digital platforms like Netflix, bringing African humor to the global stage
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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.