HomeNews

News

News

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.

Keep exploring

News

Tinubu Leads 2027 Race as Faleke Picks Up APC Presidential Nomination Form

KEY POINTS President Bola Tinubu is the first to obtain the APC presidential nomination...
News

APC Aspirant Ajose Accuses Hamzat of Avoiding Primaries, Rejects Consensus Push

KEY POINTS Ajose rejects the APC’s consensus plan, insisting all aspirants must agree before...
News

ISWAP Claims Deadly Attack on Adamawa Community That Killed Dozens

KEY POINTS ISWAP claimed responsibility for an attack in Adamawa that killed at least...
News

Nigerian Tech Firm Launches Drones to Boost Fight Against Insurgency

KEY POINTS Terra Industries unveiled drones, mine-clearing vehicles, and intelligence software to support Nigeria’s...
News

Court Stops MTN and Airtel from Blocking Airtime Loan Services

KEY POINTS MTN and Airtel have been restrained from suspending airtime lending services pending...
News

“6 in 10 Nigerian University Students Linked to Cybercrime — EFCC Raises Alarm

KEY POINTS EFCC reports that 60% of Nigerian university students may be involved in...
News

Raw exports mean we’re exporting jobs, RMRDC chief warns

RMRDC Director-General Nnanyelugo Ike-Muonso says Nigeria must abandon raw material exports for value addition and innovation if the country wants a real industrial renaissance.
Business

3MTT Impact Challenge Announces Winners Driving Real Solutions Across Nigeria

Nigeria's 3MTT programme has announced winners of its inaugural National Impact Challenge, spotlighting digital fellows solving real-world problems across all 36 states.
News

Guterres urges South Africa to end xenophobic attacks on foreign nationals

UN Secretary-General António Guterres has urged South Africa to end xenophobic attacks and the intimidation of foreign nationals in KwaZulu-Natal and the Eastern Cape.
News

Dangote refinery is subsidizing Nigeria’s petrol and diesel, official says

A senior Dangote Group official says the refinery subsidizes Nigeria's petrol and diesel but sells jet fuel at full market price.
News

FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.
News

FG says 80 percent of women-owned businesses lack formal credit access

Women Affairs Minister Imaan Sulaiman-Ibrahim says more than 80 percent of Nigerian women-owned businesses operate without access to formal credit, holding back economic growth.
Load more

Latest articles

News

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.
News

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.