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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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CAIDOV Condemns Brutal Killing of Oyo Teacher, Demands Urgent Protection for Schools

KEY POINTS CAIDOV condemned the killing of a teacher and abduction of students and...
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Bauchi Government Mourns Permanent Secretary Who Died During 2026 Hajj in Saudi Arabia

KEY POINTS Shehu Yahaya Jalam died in Makkah, Saudi Arabia, after a brief illness...
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Ex-Air Chief Sadique Abubakar Quits Politics, Leaves Party Membership Behind

KEY POINTS Former Chief of Air Staff Sadique Baba Abubakar has announced his full...
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Six ISWAP Bomb Makers Killed in Accidental Explosion During IED Assembly in Borno

KEY POINTS Six suspected ISWAP members died after an IED exploded while being assembled...
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Boko Haram Convict Kabiru Sokoto Appeals Life Sentence

KEY POINTS Kabiru Umar Sokoto has appealed his life imprisonment sentence over the 2011...
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Osun Tightens School Security After Deadly Oyo Abductions

O KEY POINTS Ademola Adeleke has ordered an immediate strengthening of school security in Osun...
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Oyo School Attack: Abducted Teacher Killed as Makinde Confirms Seven Educators Taken by Terrorists

KEY POINTS Seyi Makinde confirmed that one abducted mathematics teacher was killed in captivity...
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Adedokun’s BPP bars unapproved contract variations across MDAs

BPP DG Adebowale Adedokun barred MDAs from processing upward contract revisions without a Bureau certificate, closing a long-standing channel for cost inflation and corruption.
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Ajaero brands Nigeria’s power sector the country’s ‘biggest scam’

NLC President Joe Ajaero branded Nigeria's power sector the biggest scam in the country, saying privatization failed to lift generation past 4,000 megawatts.
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Bamidele vows Senate will fast-track state police after Oyo, Borno abductions

Senate Leader Opeyemi Bamidele vowed to fast-track state police legislation after gunmen abducted 87 students and teachers in Borno and Oyo within 24 hours.
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Hayatu-Deen vows not to step down for Atiku, Amaechi

ADC presidential aspirant Mohammed Hayatu-Deen vowed not to step down for Atiku Abubakar, Rotimi Amaechi or anyone, pledging to reverse Nigeria's two-decade economic decline.
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Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls...
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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.