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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

Dangote Refinery Slashes Petrol Price To N899.50

Dangote petrol price cut brings festive relief, says PETROAN.
Business

Businesses Predict Naira Depreciation In Coming Months — CBN

Nigerian firms predict naira depreciation, according to CBN November survey.
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Anambra’s Monthly IGR Projected To Hit N5.2bn in 2024

Anambra tackles leakages, IGR rises to N5.2bn.
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Atiku Raises Alarm Over NBS Data Integrity, Calls For Vigilance

Atiku raises concerns over NBS data integrity, warning against manipulation, and calls for transparency to safeguard Nigeria's development and planning.
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Waste Management Solutions in Nigeria’s Major Cities

Discover practical waste management solutions transforming Nigeria’s cities, from recycling initiatives to community-led awareness and sustainable practices.
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FG, 21 States to Allocate N3.846 trillion to Healthcare in 2025

For 2025, FG, 21 states allocate N3.846 trn to healthcare.
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New Platform Tracks Politicians, Rates Tinubu Gov’t 31.97 Percent

KnowDemWell rates Tinubu’s govt 31.97 percent as it tracks politicians’ performance.
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Wike’s Men Attacked by Armed Soldiers, Vehicle Seized in Abuja

Three Vehicles seized as soldiers attacked Wike's men in Abuja.
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Nigeria’s Diaspora Remittances Hit $4.22 Billion in 2024 – CBN

Nigeria’s diaspora remittances hit $4.22 billion in 2024, marking a 61% rise driven by policy reforms, efficient processes, and growing diaspora confidence
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Nigeria Targets Revenue Boost in Marine Sector, Tackles Leakages 

Minister Oyetola targets marine revenue leakages, inefficiencies, and governance gaps to boost Nigeria's economic potential through modern auditing.
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Nigeria Expands CNG Conversion Centers to 200 by Year-End

Nigeria aims for 200 CNG conversion centers by year-end, advancing hybrid vehicle options and promoting clean energy access.
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Nigerian Army to Boost Modern Tech Investment in War on Terror

Nigerian Army to boost technology for combat and training, ensuring better welfare for soldiers and enhanced operational readiness across the force.
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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.