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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.

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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Akume Defends Tinubu’s Reforms, Says Government Will Seek 2027 Mandate Revalidation

KEY POINTS SGF Backs Tinubu Administration’s Economic Policies Claims Economy Is Showing Signs of...

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.

Abure Warns Dickson Over Alliance With Peter Obi

KEY POINTS • Abure cautions NDC against handing control to Obi’s supporters • Says Labour Party...

APC Sets Up Uba Sani-Led Ekiti Governorship Campaign Council

KEY POINTS • APC to inaugurate Ekiti campaign council on Wednesday in Abuja• Uba Sani...

Salihu Dangoje Elected New Kebbi Assembly Speaker

KEY POINTS • Salihu Maikasuwa-Dangoje has been elected Speaker of the Kebbi State House of...

LASU Student Dies After Armed Robbery Attack in Lagos

KEY POINTS • A Lagos State University student died after sustaining injuries during an armed...

Reps Minority Leader Kingsley Chinda Resigns

KEY POINTS House of Representatives Minority Leader Kingsley Chinda has resigned from his position...

Why Nigerians aren’t feeling Tinubu’s economic reforms, says Bwala

Presidential adviser Daniel Bwala says Nigeria's large population and infrastructure deficit are slowing the impact of President Tinubu's economic reforms on ordinary citizens.

Aiyedatiwa approves Akure flyover and slate of Ondo projects

Ondo Governor Lucky Aiyedatiwa has approved a 2.38-kilometre flyover in Akure along with road, health, education and water projects across the state.

Six Oyo Reps Defect From PDP to APM Amid Political Realignment

KEY POINTS Six House of Representatives members from Oyo State have defected from the...

Peter Obi says leaders chase 2027 politics while abducted children stay captive

Peter Obi warns that Nigerian politicians are fixated on the 2027 elections while abducted schoolchildren in Borno and Oyo remain in captivity after two weeks.

Babachir Lawal Quits ADC, Alleges Primary Election Manipulation

KEY POINTS Former SGF Babachir Lawal has resigned from the African Democratic Congress (ADC). ...

Latest articles

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.

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.

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.

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.