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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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APC Labels Peter Obi ‘Nigeria’s Prophet of Doom’ Over Criticism

APC dismisses Peter Obi’s criticisms, labeling him a "prophet of doom" while defending Tinubu’s economic and security achievements
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Okupe Claims Obi Betrayed Atiku, Cuts Ties With Him

Okupe criticizes Obi's decision to leave PDP and run for president, accusing him of betrayal and exposing political rifts in Nigeria.
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Labour Party Gains Momentum in Anambra as Ex-APGA Members Join Ranks

Nigeria's Labour Party (LP) is gaining momentum in Anambra State ahead of the 2025...
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You Lack Authority to Sack Abure, Labour Party Warns NLC

Labour Party rejects NLC's bid to remove Abure-NWC, citing illegitimacy.
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Obi Camp Denies Rumors of Labor Party Exit, El-Rufai Fuels SDP Speculation

Speculation swirls around the future of Peter Obi, the presidential candidate for Nigeria's Labour...
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Labour Party Chairmen Rally Behind Abure Amid Allegations

Labour Party state chairmen show solidarity with Julius Abure, seek clarity through forensic audit amidst financial accusations.
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Labour Party Leader Faces Internal Revolt Amid Crisis

The Labour Party (LP), one of Nigeria's main opposition parties, is embroiled in a...
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Labour Party Treasurer Demands Accountability for N3.5 Billion Amidst Financial Dispute

Labour Party Treasurer raises concerns over N3.5 billion party funds, triggering internal dispute over leadership integrity and financial transparency.
Politics

Edo Governorship Race: Aspirants Reject Labour Party’s N30m Fee

The Labour Party (LP) has come under fire from its governorship aspirants in Edo...
Politics

Inflation Hits 26.7% on Soaring Food Prices; PDP, LP Blast FG

Nigeria grapples with a shocking 26.72% inflation rate, a record peak in 18 years....
Politics

Labour Party Advocates for Peaceful Reclamation of Nigeria

The Labour Party (LP) has reaffirmed its dedication to ensuring that their presidential candidate,...
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Peter Obi Warns of Nigeria’s Potential Departure from Democracy

In light of the recent International Democracy Day celebrations, the Labour Party’s Presidential candidate...
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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.