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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

Benue Governor Promises Justice After MACBAN Chairman, Associate Killed

KEY POINTS Governor Hyacinth Alia has condemned the killing of Benue MACBAN Chairman, Alhaji...
News

Tinubu Signs New NIMC Law to Strengthen Digital Identity System

KEY POINTS President Tinubu signed the NIMC Act 2026 into law, replacing the 2007...
News

Terrorists kill two and abduct seven in attacks on Kaduna Adara communities

Gunmen raided two Adara villages in Kaduna's Kajuru area on Thursday night, killing two residents, wounding four and abducting seven people, including a six-month-old baby.
News

Adeboye and Oyedepo thank Trump, urge bolder US action on Nigeria terrorism

Nigerian clerics Enoch Adeboye and David Oyedepo thanked President Trump for striking terrorist camps and pressed the United States to take bolder action against terrorism.
Politics

Obasanjo, Kwankwaso Hold Talks in Kano Ahead of 2027 Elections

K KEY POINTS Obasanjo and Rabiu Kwankwaso met in Kano during the former president's official...
News

Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
News

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
News

State police push shifts to governors and state lawmakers

After the Senate and House passed the state police bill, Nigeria's 36 state assemblies must now decide whether the long-debated policing reform finally becomes law.
News

Nigeria signals fresh review of N70,000 minimum wage

Nigeria's government says it will reassess the N70,000 minimum wage soon, arguing that the figure no longer reflects the rising cost of living nationwide.
News

One Killed, 10 Rescued in Lagos Building Collapse

KEY POINTS One person died while 10 others were rescued after a three-storey shopping...
News

Crude oil crashes to $73 but Nigerian petrol prices stay above N1,200 per litre

Nigerian petrol prices remain above N1,200 per litre despite crude oil crashing to $73 per barrel on Wednesday, its lowest point since the US-Iran conflict began.
News

EFCC to arraign Miyetti Allah president Bello Bodejo over $2.53m laundering charge

The EFCC has filed a 12-count charge against Miyetti Allah Kautal Hore president Bello Bodejo over alleged money laundering and terrorism financing totaling $2.53m.
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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.