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.
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.
The Kogi State Police Command and the Nigerian Army have launched a joint forest search for kidnap victims along the Okene-Auchi Road, deploying drones and tactical teams across suspected hideouts.
Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
Troops have launched a major offensive in Katsina's Matazu area, destroying several terrorist hideouts and logistics bases after the death of abducted retired Major General Rabe Abubakar.
The Nigerian Army has warned of an impersonation scam in which fraudsters pose as senior officers on Facebook to deceive and defraud unsuspecting members of the public.
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.
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.
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.
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.