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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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Kaduna governor Uba Sani says bandits are terrorists who must be eliminated

Kaduna Governor Uba Sani has declared that armed bandits responsible for killings and abductions are terrorists who must be eliminated without leniency.
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Kebbi government warns of new terror group ‘Sai Malam’ spreading across northwest

Kebbi State officials flagged a new terror group, Sai Malam, at a security meeting with the Inspector-General of Police in Birnin Kebbi on Wednesday.
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DSS Orders Probe Into Courtroom Scuffle After Sowore’s Remand

KEY POINTS DSS has launched an investigation into the altercation involving its operatives, Omoyele...
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Police Dismiss Viral Katsina Video, Say Armed Men Were Vigilantes

KEY POINTS Police have dismissed claims that officers were fraternising with armed bandits in...
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Akpabio Swears in Four New Senators After By-Election Victories

KEY POINTS Four senators—Danladi Envulu-Anza, Israel Asogwa, Olaka Nwogu and Dayo Faduyile—were sworn into...
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Kaduna Woman’s Husband Alleges Police Returned Her to Mob Before Lynching

KEY POINTS The husband of Ummulkhairi Muhammad alleges that a police officer returned his...
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Police Dismiss Helicopter Relocation Claim on Abducted Oyo Pupils

KEY POINTS Oyo Police have described as false a viral claim that abducted schoolchildren...
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Lagos Shuts Oshodi Market Over Alleged Attack on Sanitation Officials

KEY POINTS The Lagos State Government has shut down Oshodi Resettlement Market following an...
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Tinubu Sends State Police Bill to Senate

KEY POINTS • President Bola Tinubu has forwarded a constitutional amendment bill seeking the creation...
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Troops Kill Two Suspected ISWAP Spies at Nigeria-Cameroon Border

KEY POINTS • Troops of Operation Hadin Kai and the Civilian Joint Task Force killed...
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Oyo Imposes Curfew in 10 LGAs to Aid Rescue of Abducted Schoolchildren

KEY POINTS Oyo State has imposed a 16-hour curfew in 10 LGAs bordering the...
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Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...
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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.
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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.