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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

Military Offensive Frees Hundreds of Boko Haram Captives in Borno

KEY POINTS More than 400 women and children abducted by Boko Haram have been...
News

Family Seeks Justice After Tricycle Rider Dies in Warri Crash

K KEY POINTS Family accuses police officers of causing a fatal crash that killed a...
News

Natasha Urges Kogi Residents to Register for Voter Cards

KEY POINTS Senator Natasha Akpoti-Uduaghan has urged Kogi residents to register for their Permanent...
News

FCT Police Seize 30 Vehicles Over Tinted Glass Violations

KEY POINTS The FCT Police Command has impounded over 30 vehicles for using tinted...
News

Gunmen Raid Ondo Community, Abduct Nine-Year-Old Boy

KEY POINTS Armed men attacked a community in Ondo State and kidnapped a nine-year-old...
News

NCDC Raises Ebola Alert, Strengthens Preparedness Nationwide

KEY POINTS The NCDC has classified the risk of Ebola entering Nigeria as high...
News

Court Orders Sowore to Open Defence in Defamation Trial Over Tinubu Remarks

KEY POINTS • A Federal High Court in Abuja has directed Omoyele Sowore to begin...
News

Reps Session Turns Rowdy Over Minority Leader Endorsement Dispute

KEY POINTS • House of Representatives proceedings became heated after Philip Agbese alleged his signature...
News

Police Arrest Man Behind Fake AI Voice of Tinubu

KEY POINTS Police have arrested Ifechukwu Dennis, accused of creating and circulating an AI-generated...
Politics

LASU Student Dies After Armed Robbery Attack in Lagos

KEY POINTS • A Lagos State University student died after sustaining injuries during an armed...
News

Southern Kaduna Youths Protest Abandoned Road Projects in Kafanchan

KEY POINTS Southern Kaduna youths staged a peaceful protest over abandoned road projects in...
News

Court Sentences Four to Death Over Deadly Owo Catholic Church Massacre

KEY POINTS Four men have been sentenced to death for their roles in the...
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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.