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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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Sunday Igboho Seeks FG Approval to Launch South-West Security Network Against Kidnappers

KEY POINTS Sunday Igboho urged the Federal Government and South-West governors to approve the...
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Gunmen Kill Plateau Resident as Youths, Women Clash With Soldiers Over Repeated Attacks

KEY POINTS Gunmen attacked Tanjol community in Plateau State and killed a resident identified...
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LAUTECH Assures Students of Safety After Ogbomoso School Attack

KEY POINTS LAUTECH management assured students and staff that the university remains safe after...
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Atiku says Tinubu ‘cannot govern’ as killings, abductions surge nationwide

Atiku Abubakar condemned President Tinubu over the Ogbomoso school abductions and Katsina killings, declaring that the administration "cannot govern" Nigeria.
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Obi emerges sole NDC presidential aspirant for 2027 race

Peter Obi emerged as the sole NDC presidential aspirant after the party closed the sale of its 2027 nomination forms with no other buyer.
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Police arrest 6 over phone tip-offs in Oyo school abduction

Oyo police arrested six suspects who allegedly informed bandits via phone calls during the Ahoro-Esiele school abduction that killed three people.
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Enoh targets 1.5 million jobs in Nigeria’s textile revival push

Industry Minister of State John Enoh unveiled plans to revive Nigeria's cotton-to-garment industry and create 1.5 million jobs after cotton output crashed 95 percent.
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Ndume Secures APC Senate Ticket for Fifth-Term Bid in Borno South

KEY POINTS Ali Ndume has secured the APC senatorial ticket for Borno South ahead...
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El-Rufai Granted N100m Bail in Phone Interception Case, Faces Strict Court Conditions

KEY POINTS El-Rufai was granted N100 million bail by a Federal High Court in...
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EFCC Boss Orders Apology to Uyo Surgeon After Hospital Raid Controversy

KEY POINTS EFCC Chairman Ola Olukoyede ordered operatives to apologise to a UUTH surgeon...
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Makinde Opens Door for Talks as Oyo School Kidnappers Hold Pupils, Teachers

KEY POINTS Governor Seyi Makinde says Oyo State is ready to listen to kidnappers’...
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Police Rescue 30 Malians, Arrest 13 in Abuja Human Trafficking Crackdown

KEY POINTS Nigeria Police rescued 30 Malian victims and arrested 13 suspects linked to...
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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.