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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.
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Tinubu Urges Global Action On Climate Change

President Tinubu asks world leaders to take immediate action regarding climate change where he emphasizes Nigeria's dedication to sustainable energy transformation together with environmentally friendly investment.
Business

Vulnerable industries to watch: Nigeria’s Most Endangered Sectors in 2025

Nigeria's key sectors face risks in 2025, from energy transitions to climate change, inflation, and policy challenges.
News

US Commits to Collaborate with Nigeria on Climate Action

The United States vows to partner with Nigeria in tackling gas flaring and climate change, emphasizing the global significance of this environmental challenge.
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NNPC Ltd. and TotalEnergies Join Forces to Cut Methane Emissions

Methane is a potent greenhouse gas that contributes to global warming and climate change....
News

Carbon Capture: The Controversial Climate Solution Dividing the World

Amid the countdown to the U.N. Climate Change Conference (COP28), a contentious debate is...

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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.