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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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Dangote Refinery Exports to Other Parts of The World

Dangote refinery exports PMS, diesel to Africa countries and Europe.
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FG Overshoots 2024 Borrowing Target By N4trn

FG borrows N4trn above 2024 borrowing target, heightening debt fears.
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FG Builds Smart Police Station To Improve Abuja Security

Nigeria has launched a 'smart' police station and officer quarters in Abuja to boost security, the internet and management meeting rooms were part of the launch of the new facilities.
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Keyamo Addresses Controversy Over Private Airstrip Decision

Festus Keyamo defends private airstrip approvals, dismisses favoritism allegations, and assures compliance with constitutional rights and national security safeguards.
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Tinubu Pays ₦85 Billion ECOWAS Levy, First Full Payment in 19 Years

Nigeria pays ₦85 billion ECOWAS levy, its first full payment in 19 years, as President Tinubu pledges to reintegrate suspended member states
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Encouraging STEM Education Among Nigerian Girls

Empowering Nigerian girls with STEM education builds confidence, boosts employability, and creates role models for future innovators in science and technology.
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Atiku’s Aide tells Shettima: Deal with useful matters, not Kemi Badenoch

Shaibu asks Shettima to concentrate on useful matters and not Kemi Badenoch.
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CDS Deploys Special Brigade to Combat Lakurawa Sect in Sokoto, Kebbi

Nigerian CDS deploys a special brigade to combat the Lakurawa Sect in Sokoto and Kebbi, targeting strongholds to restore peace.
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Abuja-Kaduna Road: FG Chooses Asphalt, Saves N640 Billion

FG opts for asphalt on Abuja-Kaduna road, saving N640 billion while ensuring better safety and project transparency.
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Nigeria’s Inflation to Hit 34.64% as Cost Pressures Mount

Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
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Lekki Airport To Be Built Despite 2 year Delay, Vows Lagos

Despite two year delay, Lagos vows to build Lekki airport via public – private partnership.
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How to Create a Budget That Works in Nigeria

Learn how to create a budget that works in Nigeria, manage expenses, and build financial security despite inflation and rising living costs
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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.