HomeNews

News

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.

Keep exploring

Govt Officials, Contractors To Fly Only Nigerian Airlines

Soon, government officials and contractors to fly only Nigerian airlines.

Nigeria To Earn $320 Million From Carbon Credit Initiative

Nigeria is set to rake in $320m annually from carbon credit initiative.

In One Year, ICPC Blocks N5.9 billion Fraud, Recovers N29.7 billion

N5.9bn fraud blocked by ICPC as agency recovers N29.7bn in one year.

Erosion Control Efforts in Southern Nigeria

Southern Nigeria ramps up erosion control efforts to tackle land degradation, protect livelihoods, and strengthen climate resilience in affected communities.

Kuku Urges Stronger Health Insurance to Improve Access to Care

Experts stress the need for stronger health insurance in Nigeria to ensure access to quality healthcare and support sustainable hospital financing Experts stress the need for stronger health insurance in Nigeria to ensure access to quality healthcare and support sustainable hospital financing.

Macroeconomic Challenges Hamper Nigeria’s Capital Market Growth, Says SEC

Nigeria’s capital market faces hurdles like macroeconomic challenges and low investor participation, says SEC chief, calling for urgent reforms.

Impact of Deforestation on Nigeria’s Ecosystem

Deforestation threatens Nigeria's biodiversity, accelerates climate change, impacts human health, and disrupts economic sustainability across key sectors.

Tinubu Appoints Eight New Permanent Secretaries in Eight States

Tinubu also urges diligence and innovation as he appoints eight new permanent secretaries.

Nigeria’s Inflation Hits 34.6 percent Amid Soaring Food Prices

Nigeria’s growing cost of living reaches 34.6 percent, as food prices soar, subsidy removal takes effect.

Yuletide Free Train Rides Nationwide — Tinubu

Tinubu declares free trains rides nationwide to ease Christmas travel cost.

FEC Approves N47.96 Trillion 2025 Budget for National Assembly

FEC approves N47.96 trillion 2025 budget as Tinubu prepares to present it to the National Assembly. Key revenue and oil production targets set

Olanipekun Urges Lawyers to Build Legacies, Avoid Pull-Down Tactics

Wole Olanipekun advises Nigerian lawyers to build legacies, avoid pull-down tactics, and embrace unity for the progress of the legal profession.

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.