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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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Hamzat Consults Gbajabiamila, APC Leaders Ahead of Lagos 2027 Governorship Race

KEY POINTS Obafemi Hamzat met with Gbajabiamila and APC leaders to seek support for...

Elumelu’s UBA assets cross N33 trillion, sustain growth into Q1 2026

United Bank for Africa's total assets have crossed 33 trillion naira as Tony Elumelu's pan-African lender sustained earnings momentum into the first quarter of 2026.

Atiku, Obi back joint opposition ticket against Tinubu in 2027

Atiku Abubakar, Peter Obi and other opposition leaders met in Ibadan and vowed to field one candidate against President Tinubu in 2027, sparking sharp reactions.

APC shifts presidential primary to May 23, adopts dual-mode system

The APC has shifted its presidential primary to May 23 and adopted a dual-mode primary system, with nomination forms open to every aspirant.

Akpabio backs Tinubu’s $516m superhighway loan, orders one-week review

Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.

Haske to Declare Adamawa Governorship Bid April 25

KEY POINTS Abdulrahman Haske will declare his governorship ambition in Adamawa on April 25...

Tinubu rebuffs senators’ automatic ticket bid, hands APC primaries to governors

President Tinubu has shut down Senate lobbying for automatic 2027 tickets, instead handing APC primaries authority to state governors who now control incumbent lawmakers' fates.

Atiku, economists slam Tinubu’s $516m highway loan request

Atiku Abubakar and economists have pushed back on President Tinubu's $516 million loan request to build sections of the Sokoto-Badagry Super Highway, citing debt concerns.

Tinubu drops Edun and Dangiwa, hands finance to Oyedele

President Bola Tinubu has dropped Wale Edun and Ahmed Dangiwa from his cabinet, handing the finance brief to Taiwo Oyedele in a minor reshuffle.

US lawmaker accuses Matawalle of trying to silence her

Florida state representative Kimberly Daniels has accused Bello Matawalle, Nigeria's minister of state for defense, of pressuring US officials to counter her insecurity report.

PDP loses five Reps, APC two in fresh House defections

Eight lawmakers switched parties Tuesday in the House of Representatives, with PDP losing five members and APC two as 2027 election positioning intensifies.

APC Releases 2027 Election Timetable, Sets Presidential Form at ₦100 Million

KEY POINTS APC set presidential nomination form at ₦100m and governorship at ₦50m for...

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.