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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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Tinubu Holds Emergency Security Meeting Over US Travel Alert and Borno Airstrike Tragedy

KEY POINTS President Tinubu convened an emergency security meeting with top military and intelligence...
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IGP Urges Court to Dismiss El-Rufai’s N1bn Rights Violation Suit

KEY POINTS The IGP has asked a Federal High Court in Abuja to dismiss...
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Tinubu Swears in Tunji Disu as New Inspector-General of Police

KEY POINTS President Bola Tinubu has sworn in Olatunji Disu as Nigeria’s new Inspector-General...
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President Tinubu Replaces Police Chief Egbetokun With Tunji Disu

KEY POINTS President Tinubu ordered Kayode Egbetokun to resign as Inspector General of...
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Egbetokun Orders Withdrawal of PMF Officers from VIP Duties

KEY POINTS IGP Kayode Egbetokun orders withdrawal of PMF officers from VIP guard duties. ...
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IGP Bans Police Officers in Mufti from Carrying Firearms

The Nigerian IGP has issued stringent rules about firearms possession for police personnel to minimize illegitimate conduct.

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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.