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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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High Cost of Elections: Nigeria Spends Nearly N1tn on Seven Polls in 24 years

Nigeria has spent N981.5bn on elections since 1999, ranking among the world’s costliest. Yet credibility issues and rising disputes cast doubt on the value of the spending.
Politics

NASS Mulls Amendments to 2022 Electoral Act for Party Primary

The National Assembly has initiated a process to modify the 2022 Electoral Act which will enable party primaries to incorporate statutory delegates as part of a democracy expansion plan.
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Abacha Family Rejects Babangida’s Claim on June 12 Annulment

The Abacha family says Babangida was solely responsible for the June 12 election annulment, rejecting claims that blame the late Sani Abacha.
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Kalu Says Atiku Will Protect The Nation Against Economic Turmoil

Dr. Emeka Kalu endorses Atiku Abubakar as the leading candidate for economic revival during the 2027 presidential race while requesting Nigerian backing.
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Varsity Don Sentenced to Three Years for Electoral Fraud

Professor Ignatius Uduk received a three-year prison term because he fabricated results during the 2019 elections.
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PVCs Should Not Be The Only Requirement For Voting

INEC proposes computer generated slips for voting.
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PDP’s Acting Chair Moves Quickly to Reform Party

Acting PDP chairman Yayari’s swift actions toward party reform spark optimism and gain support from opposition lawmakers.
Politics

Bayelsa Election: INEC’s Manual Transmission Draws Scrutiny

As Nigeria readies for its imminent elections in Bayelsa, Imo, and Kogi states, doubts...
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INEC Sets Election Dates for Edo, Ondo Governorships in 2024

The Independent National Electoral Commission (INEC) has scheduled the Edo governorship election for September...

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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.