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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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Troops Repel Twin Boko Haram Attacks in Borno State

Nigerian troops repelled twin Borno Boko Haram attacks, killing 17 fighters with fighter jet support and losing three civilian defenders.
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Zulum Warns Boko Haram May Seize Marte, Urges Federal Action

Borno Governor Zulum warns that Boko Haram is on the brink of overrunning Marte LGA and urges federal intervention to stop the collapse.
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Borno Governor Zulum Bans Petrol Sales in Bama LGA

KEY POINTS Governor Babagana Zulum has banned petrol sales in Bama LGA, including Bama...
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Nigeria Shakes Up Military Leadership Amid Escalating Insurgency in Northeast

KEY POINTS Nigeria’s Defense Headquarters announced the appointment of Major General Abdulsalam Abubakar as 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.
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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.