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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.
News

NCC, NDPC Sign Pact to Deepen Data Privacy and Protection in Nigeria

KEY POINTS NCC and NDPC have signed an MoU to strengthen cooperation on data...
News

NCC Pushes Universities to Teach Intellectual Property

The NCC is pushing universities to embed intellectual property studies in their curricula to strengthen innovation, digital rights protection, and future-ready skills.
News

Nigerian Labour Unions Demand Reinstatement of Rivers Govt

KEY POINTS Nigerian labour unions demand President Tinubu revoke Rivers State’s emergency decree and...
News

Pro-Government Group to Counter NLC’s Telecom Tariff Protest

The NCWGG launches a campaign to counter NLC’s anti-tariff protest while supporting the position of NCC.
News

NLC Plans Nationwide Protest Against Telecom Tariff Hike

NLC engages in extensive national protests because of the 50% rise in telecom tariffs.
Business

Increased Telecom Rates Are Needed To Help The Industry Expand

Telecom executives explain increasing tariffs to fuel industry expansion, keep services working, and help empower customers move to digital ways.
News

SERAP Demands Reversal of Telecom Tariff Hike

SERAP urges Tinubu to reverse 50 percent telecom tariff hike or face legal action.
News

FG to Approve Telecom Tariff Hike Below 100 Percent

FG to approve reasonable telecom tariff hike, ensuring balance between consumer protection and sector sustainability.
News

NCC’s Firm Stance: Unverified SIMs to be Disconnected

In a bid to enhance security, NCC confirms barring of unverified SIMs. This move aims to deter criminal activities by ensuring all SIMs are properly registered.
News

Nigeria’s Telcos Invest N732bn in Network Expansion

Nigeria’s telecommunications sector is witnessing a surge of investment as operators seek to improve...
Business

Meta’s Subsea Cable Project Faces Delay in Nigeria

Meta, the company formerly known as Facebook, has missed its November target to land...
News

5G Network Covers 40% of Global Population, Nigeria Aims to Increase Reach

Nigeria Enhances 5G Penetration, ITU Reports Global Coverage.

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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.