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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.
Politics

Babachir Lawal Quits ADC, Alleges Primary Election Manipulation

KEY POINTS Former SGF Babachir Lawal has resigned from the African Democratic Congress (ADC). ...
News

Ibadan Erupts in Protest Over Oyo School Abductions as Anger Mounts

KEY POINTS Hundreds of protesters in Ibadan blocked major roads, demanding the immediate rescue...
News

NUT to Stage Nationwide Protest Over Abducted Teachers, Students

KEY POINTS The Nigeria Union of Teachers (NUT) has announced a nationwide solidarity and...
News

Lagos Police Accused of Detaining WAEC Candidate, Father Over Alleged Theft, Demanding ₦2.5m Bribe

KEY POINTS The Take It Back Movement, TIB, has accused Lagos police officers of...
News

Nigeria Only 59% Ready for Possible Ebola Outbreak – NCDC

KEY POINTS NCDC says Nigeria is only 59% prepared for a potential Ebola outbreak...
Politics

ADC Faction Picks Chris Uba as 2027 Presidential Candidate

KEY POINTS A faction of the African Democratic Congress (ADC) has announced businessman Prof....
News

Oyo Teachers Begin Indefinite Strike Over Abduction of Colleagues, Pupils

KEY POINTS The Nigeria Union of Teachers (NUT) in Oyo State has ordered an...
News

Ex-Defence Spokesman, Wife Kidnapped in Katsina

KEY POINTS Retired Major General Rabe Abubakar and his wife were kidnapped by suspected...
News

Makinde Promises Safe Return of Abducted Oyo Pupils, Teachers

KEY POINTS Governor Seyi Makinde has assured residents that the Oyo State Government is...
News

Erosion Cuts Off Oji–Awgu Highway

KEY POINTS Heavy rainfall triggered severe erosion that cut off a section of the...
Politics

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship...
News

Teachers, Pupils’ Abduction Sparks Protest in Oyo

KEY POINTS Teachers and civil society groups staged a peaceful protest in Ibadan Protesters...
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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.