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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.

NLC warns Nigeria is losing the fight against corruption and illicit financial flows

Nigeria Labour Congress says the country is losing its war against corruption, warning that a parasitic elite has effectively captured the state.

SERAP Demands Probe Into Missing N500bn Oil Funds

SERAP has asked the Nigerian National Petroleum Company Limited to account for a missing N500 billion and involve anti-corruption agencies in investigating the matter, citing a World Bank report.

Federal Government Summons University Heads Over Student Loan Fraud Allegations

KEY POINTS Nigeria’s Federal Government investigates 51 universities and NELFund officials over alleged illegal...

Court Mandates EFCC to Free Detained Socialite in High-Profile Corruption Case

KEY POINTS A Federal High Court ordered the EFCC to release businesswoman Aisha Achimugu...

Protesters Demand Probe Into Ex-NNPCL Boss Kyari’s Tenure

Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.

Doctor Sues Ex-Lagos Task Force Boss For Contempt

Dr. Ojo Ademola sues ex-Lagos Task Force head for contempt over continued trespass on his Lekki land despite court order.

EFCC Chair Criticizes Nigerians for Defending Corrupt Leaders

The EFCC chair through his remarks asked Nigerians to end their dual support for corrupt leadership since they condemn corruption.

EFCC Arrests the Former NHIS Chief Executive For Fraud

The EFCC apprehended the ex-NHIS executive due to fraud allegations combined with his practice of giving contracts to members of his family.

Obi of Onitsha Urges Politicians to Put Nigeria’s Future Above Personal Gains

Corruption is draining Nigeria: Obi of Onitsha calls for urgent reforms to save resources.

Nigerian Democracy at 25: A Journey of Highs and Lows

As Nigeria marks 25 years of democracy, the journey has been a mix of significant progress and persistent challenges, reflecting the dynamic nature of the country's democratic evolution.

World Bank Blacklists 58 Nigerian Entities Over Corruption Allegations

The World Bank has taken decisive action against corruption by blacklisting 58 Nigerian companies and individuals implicated in fraudulent practices. This move underscores the global commitment to combatting corruption and promoting transparency in financial transactions.

CSOs: Politicians Facing Corruption Charges Must Be Held Accountable

Nigerian civil society organizations (CSOs) are demanding stronger action against corruption in the government. The groups are urging political parties to denounce members facing corruption charges and calling for increased transparency and accountability within government institutions.

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.