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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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Kidnappers Collect ₦7.8bn in One Year, Study Finds

KEY POINTS 7,825 Nigerians were kidnapped in one year, a 66% increase from the...
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Gunmen Abduct Kogi Principal, NECO Official, Students During Exam

KEY POINTS Gunmen abducted a Kogi school principal, NECO official and students during an...
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Sunday Igboho Allegedly Stops Police Arrest of Tani Olohun

KEY POINTS Sunday Igboho allegedly stopped police from arresting Tani Olohun in Ibadan. Olohun...
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Presidency Blames Contractor for Benin-Asaba Gridlock

KEY POINTS Presidency blames the contractor for the Benin-Agbor-Asaba road crisis. Gridlock stranded motorists...
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Plateau Mother Shields Children in Deadly Attack

KEY POINTS A Plateau mother survived after shielding two children from gunfire. Three of...
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Suspected Lakurawa Fighter Linked to Niger Mosque Attack

KEY POINTS A suspected Lakurawa fighter identified as Mar Dego has been linked by...
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Troops Intercept Gun Runners, Rescue Six Kidnap Victims in Zamfara

KEY POINTS Troops arrested three suspected gun runners in Zamfara. An AK-103-2 rifle and...
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Gunmen Kidnap Worshippers at Niger Mosque

K KEY POINTS Gunmen abducted worshippers from Kpenya Mosque in Niger State during Friday prayers. ...
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Osun Govt Warns Against Fresh Violence After Election

KEY POINTS Osun Government warns of alleged plans to cause fresh violence at council...
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Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and...
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23-Year-Old Boko Haram Fighter Surrenders to Nigerian Troops

KEY POINTS 23-year-old suspected Boko Haram fighter Ali Saidiq surrendered to troops in Borno...
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Police Shooting Sparks Protest at Onitsha Head Bridge

KEY POINTS Trader allegedly shot during a dispute involving N5,000. Police say he was...
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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.