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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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Boko Haram Attacks APC Governorship Candidate’s Convoy in Borno

KEY POINTS Suspected Boko Haram insurgents detonated a landmine under a police armoured vehicle...
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Oworonshoki Demolition Victims Still Homeless After Three Years

KEY POINTS Hundreds of Oworonshoki demolition victims remain homeless three years later. MOTION alleges...
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Soldiers Disperse AAUA Students Protesting Prolonged Strike

KEY POINTS AAUA students protested prolonged ASUU and JAC strikes disrupting academic activities. Soldiers...
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Ezeagu Residents Demand Probe Into ₦7.35bn Council Allocations

KEY POINTS Ezeagu received ₦7.35bn in FAAC allocations in 2024 and 2025, residents say. ...
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Eha-Amufu Communities Remain Deserted Four Years After Deadly Attacks

KEY POINTS Four years after the attacks, several Eha-Amufu farm settlements remain largely deserted. ...
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Lagos Police Deny Tear-Gassing Pensioners, Call Viral Photo AI-Generated

KEY POINTS Lagos Police say about 500 pensioners protested peacefully over unpaid pensions and...
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Kwara Hunters Repel Bandit Attack, Kill One

KEY POINTS Hunters and vigilantes repelled four suspected bandits who attacked Olokin community in...
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Police Rescue 10 Abducted NYSC Members in Kogi

KEY POINTS Police rescued 10 more NYSC members abducted along a highway in Kogi. ...
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Festac Residents Plan Protest Over Fence Demolition

KEY POINTS Festac residents plan a peaceful protest over the alleged demolition of their...
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Two Killed in Lagos Cinema Machete Attack

KEY POINTS Two people died after a machete and knife attack at Filmhouse IMAX...
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NDLEA Raids Port Harcourt Drug Den, Seizes Cocaine and Heroin

KEY POINTS NDLEA raided a Port Harcourt drug den and recovered cocaine, heroin and...
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Gunmen Abduct NYSC Members in Kogi, 11 Rescued

KEY POINTS Gunmen attacked two buses carrying passengers, including NYSC members, along the Aloma-Egane...
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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.