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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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Bill for Coastal State Creation Passes First Reading in Senate

A bill to create a coastal state from Ondo passes its first reading, along with other state-creation proposals in Nigeria
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South Africa Eases Visa Rules for Nigerian Travelers

South Africa eases visa rules for Nigerians, boosting tourism, business, and fostering deeper economic and cultural ties.
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Nigeria’s Largest Green Initiatives and Their Impacts

Nigeria’s green initiatives combat climate change, boost economic growth, create jobs, and improve environmental sustainability.
Society

Police Bust Child Trafficking Syndicate, Rescue Four Children in Rivers

Nigerian police dismantle a child trafficking ring in Rivers, rescuing four children and making arrests as part of ongoing investigations
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Ije Jidenma Becomes First Female NSCC President

Ghana’s debt restructuring has caused financial strain for retirees, businesses, and citizens, fueling anxiety as the election draws near
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Obasanjo Thanks Gowon For Efforts To Secure His Release

Obasanjo thanks Gowon for his intervention that led to his release from prison under Abacha's regime
Business

Nigeria, France Ink Deal to Transform Solid Minerals Sector

Nigeria and France sign MoU to boost mining sustainability, diversify solid minerals, and promote environmental restoration.
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Nigerian Army Releases FIJ Founder Fisayo Soyombo After Detention

Key Point Soyombo detained by Nigerian Army for three days. #FreeFisayoNow campaign contributes to...
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The Influence of Sports in Promoting National Unity

Explore how sports promoting national unity in Nigeria unite diverse ethnic groups and drive social and economic growth, enhancing national pride
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Whatever the North Will Do Must be to Nigeria’s Advantage

Gowon calls for certain actions in the north in the interests of Nigeria as one nation and progress for that nation
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Federal government launches AGORA project to cut greenhouse emissions

The AGORA project, launched to reduce greenhouse gas emissions, promotes energy-efficient refrigeration and cooling technologies in Nigeria and Ghana
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UK Launches Africa’s Largest Visa Application Centre in Lagos

UK inaugurates Africa’s largest Visa Application Centre in Lagos, enhancing visa access and strengthening ties with Nigeria.
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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.