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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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Politics

Atiku Camp Fires Back at Babachir Lawal, Revives Grass-Cutting Scandal in ADC Primary Row

KEY POINTS The Atiku camp dismissed Babachir Lawal’s allegations of irregularities in the ADC...
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ADC Faction Picks Chris Uba as 2027 Presidential Candidate

KEY POINTS A faction of the African Democratic Congress (ADC) has announced businessman Prof....
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Olawepo-Hashim Wins Accord Party 2027 Presidential Ticket

KEY POINTS Dr. Gbenga Olawepo-Hashim has emerged as the Accord Party’s presidential candidate after...
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Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship...
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Umeh, Nwoye, Onunkwo win NDC senatorial tickets

Victor Umeh, Tony Nwoye and Ebuka Onunkwo have won the NDC senatorial tickets for Anambra Central, North and South ahead of the 2027 elections.
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Omo-Agege Dumps APC, Joins NDC for 2027 Senate Race

KEY POINTS Senator Ovie Omo-Agege has joined the NDC and declared for the Delta...
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NDC Denies Fake Primary Results, Confirms May 29 Election Holds

KEY POINTS The NDC has denied viral reports claiming primary election results have already...
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Makinde Endorses APM Candidate Adekanmbi for Oyo 2027 Governorship

KEY POINTS Seyi Makinde openly endorsed Bimbo Adekanmbi as his preferred successor for the...
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Turaki-Led PDP Faction Moves to Ratify Goodluck Jonathan as 2027 Presidential Candidate

KEY POINTS The Turaki-led PDP faction has scheduled a convention in Abuja to ratify...
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Tinubu reforms ended subsidy, forex rackets, he says

Marking his third year in office, President Tinubu says his reforms ended an N18.4bn daily fuel subsidy hemorrhage and an N8tn three-year forex arbitrage leak.
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Tinubu vows four more years of reform

President Tinubu has won the APC presidential primary in a landslide, pledging to set Nigeria on an "irreversible path of economic expansion" if granted a second term.
Politics

Tinubu Sweeps APC Presidential Primary in Landslide Victory

KEY POINTS Bola Ahmed Tinubu won the 2026 APC presidential primary in a sweeping...
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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.
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.