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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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Tinubu to Address National Assembly on Democracy Day

KEY POINTS President Tinubu will address a joint session of the National Assembly on...
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Oyo Lawmakers Reject Talks With Kidnappers Over Abducted Schoolchildren

KEY POINTS Oyo lawmakers have rejected proposals to negotiate with kidnappers, insisting on intensified...
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Tinubu deploys 79 locally assembled ambulances to tertiary hospitals nationwide

President Bola Tinubu has deployed 79 locally assembled ambulances to tertiary hospitals nationwide, aiming to strengthen emergency healthcare and reduce avoidable deaths across Nigeria.
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Court halts coroner’s inquest into death of Chimamanda’s son

A Lagos High Court has suspended the coroner's inquest into the death of author Chimamanda Adichie's son, pending a challenge to its legality.
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Nigeria’s energy momentum builds as NNPC targets global partnerships at NOG 2026

NNPC is positioning itself for investment and global partnerships ahead of NOG Energy Week 2026, citing five-year-high crude production and new gas supply agreements.
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EFCC Declares Three Suspects Wanted Over Fraud in Nigeria, UK

KEY POINTS The EFCC has declared a foreign national and two Nigerians wanted over...
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Oyo Police Arrest Pastor, Woman Over False Bandit Attack Rumour

KEY POINTS Oyo Police arrested a pastor and a woman for allegedly spreading false...
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Ondo Doctors Begin Strike After Colleague Allegedly Attacked

KEY POINTS Resident doctors at FMC Owo and its Akure Annex have commenced a...
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Protest Over Abducted Pupils Disrupted by Armed Men in Ibadan

KEY POINTS A protest demanding the rescue of abducted pupils, teachers, and a school...
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Adamawa Teachers Protest School Abductions, Demand Rescue of Oyo Victims

KEY POINTS Teachers and labour unions in Adamawa staged a protest in Yola over...
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Otti backs plan to expand insurance access in Abia

Abia State Governor Alex Otti has backed a plan to deepen insurance penetration, commending registered insurance brokers for engaging the public and pledging wider participation.
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FG scraps three-month pre-retirement leave for civil servants

The Federal Government has directed agencies to stop placing civil servants on a mandatory three-month pre-retirement leave, saying the practice has no legal basis.
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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.