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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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Nigeria and Liberia move to deepen maritime cooperation and capacity building

NIMASA Director-General Dayo Mobereola and Liberia's honorary consul Dapo Akinosun have pledged to deepen maritime cooperation, capacity building and Blue Economy development across Africa.
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Gunmen Kill Islamic Cleric in Kwara Dawn Attack

KEY POINTS An Islamic cleric was killed in a dawn attack by gunmen in...
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Ibadan Erupts in Protest Over Oyo School Abductions as Anger Mounts

KEY POINTS Hundreds of protesters in Ibadan blocked major roads, demanding the immediate rescue...
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NUT to Stage Nationwide Protest Over Abducted Teachers, Students

KEY POINTS The Nigeria Union of Teachers (NUT) has announced a nationwide solidarity and...
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Lagos Police Accused of Detaining WAEC Candidate, Father Over Alleged Theft, Demanding ₦2.5m Bribe

KEY POINTS The Take It Back Movement, TIB, has accused Lagos police officers of...
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Two Policemen Killed in Attack on Soludo Aide’s Convoy

KEY POINTS Suspected hoodlums attacked the convoy of Anambra Governor’s Chief of Staff, killing...
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Nigeria Only 59% Ready for Possible Ebola Outbreak – NCDC

KEY POINTS NCDC says Nigeria is only 59% prepared for a potential Ebola outbreak...
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Oyo Teachers Begin Indefinite Strike Over Abduction of Colleagues, Pupils

KEY POINTS The Nigeria Union of Teachers (NUT) in Oyo State has ordered an...
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Tinubu Sends Rescue Team to Oyo After School Abductions

  KEY POINTS President Bola Tinubu has deployed a specialised rescue team and sent top...
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Ex-Defence Spokesman, Wife Kidnapped in Katsina

KEY POINTS Retired Major General Rabe Abubakar and his wife were kidnapped by suspected...
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DSS Officer Killed as Suspected Oil Thieves Attack Security Base in Imo

KEY POINTS A DSS operative was killed and two others injured after suspected oil...
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Makinde Promises Safe Return of Abducted Oyo Pupils, Teachers

KEY POINTS Governor Seyi Makinde has assured residents that the Oyo State Government is...
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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.