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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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NDC disowns candidates’ list circulating on social media

The Nigeria Democratic Congress has disowned a list of purported candidates for Imo, Abia and Anambra circulating on social media, calling it fake and unauthorised.
Politics

Ethiopia prisoner transfer deal aligns with Renewed Hope agenda, says FG

The Federal Government says its Transfer of Sentenced Persons Agreement with Ethiopia, to repatriate 98 Nigerian inmates, aligns with the citizen diplomacy of Tinubu's Renewed Hope Agenda.
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I never saw the report that led to Natasha’s suspension, says Ireti Kingibe

FCT Senator Ireti Kingibe says she never saw the report that led to the suspension of Kogi Central Senator Natasha Akpoti-Uduaghan from the Senate.
Politics

Atiku Welcomes Appeal Court Order Stopping ADC Deregistration

KEY POINTS The Court of Appeal halted the Federal High Court judgment ordering the...
Politics

Court Orders INEC to Deregister ADC, Four Other Parties

KEY POINTS A Federal High Court in Abuja has ordered INEC to deregister the...
Politics

NDC Picks Kwankwaso’s Son as Kano Deputy Governorship Candidate

KEY POINTS NDC governorship candidate in Kano, Aminu Gwarzo, has picked Mustapha Kwankwaso as...
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APC Picks Kudirat Adegunwa-Balogun as Adeola’s Running Mate in Ogun

KEY POINTS APC has named Kudirat Adegunwa-Balogun as the deputy governorship candidate for the...
Politics

Soludo appoints Christian Udechukwu special adviser on investments

Anambra Governor Charles Soludo has appointed Christian Udechukwu as his Special Adviser on Investments, returning the former industry commissioner to the state's Executive Council.
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Strengthen local arms production and block crime financing, Reps tell key sectors

Deputy Speaker Benjamin Kalu has urged Nigeria's defence industry to deepen local arms production and charged the financial sector to block criminal and terrorist financing flows.
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Nigeria is moving in the right direction, FG says as it defends Tinubu’s reforms

The Federal Government says Nigeria is steadily emerging from economic fragility, defending President Tinubu's reforms with GDP growth, over one million student loan beneficiaries and anti-graft gains.
Politics

National Assembly will pass state police bill this week, says Bamidele

Senate Leader Opeyemi Bamidele says the National Assembly will pass the constitutional amendment bill establishing state police this week, calling the reform long overdue amid worsening insecurity.
Politics

INEC Meets Parties, Defends Appeal Against Court Rulings on Election Timelines

KEY POINTS INEC met political parties ahead of the June 20 Ekiti governorship election...
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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.