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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

El-Rufai Says Federal Government Funds Bandits With Allowances

El-Rufai accuses government of funding bandits through monthly payments, warning the policy worsens insecurity in northern Nigeria.
News

Reps Probe Utilization of Take-Off Grants, Bailout Funds from 2015 to Date

The House of Representatives investigates take-off grants and bailout funds, with a focus on transparency and accountability
Politics

Court Strikes Out Nnamdi Kanu’s N50bn Suit Against FG

The Federal High Court strikes out Nnamdi Kanu’s N50 billion suit against the Federal Government, citing lack of diligent prosecution and legal representation.
News

External Auditors to Review NNPC’s N2.7 Trillion Subsidy Claim

Nigeria hires external auditors to verify NNPC’s N2.7 trillion fuel subsidy claim for transparency and accountability.
News

Electricity Tariff Hike: 85% Still Benefit from Subsidy

Nigeria's government affirms 85% still enjoy electricity subsidy amidst tariff hike. Reinvestment plans outlined
Society

HURIWA Questions Government’s Narrative on Kaduna Kidnappings

HURIWA challenges the Federal Government's account of rescuing 137 kidnapped Kaduna pupils without arrests, demanding transparency and criticizing the handling of the children's emotional and psychological trauma.
News

Gumi Summoned for Talks After Advocating Negotiation with Bandits

The Nigerian government has summoned prominent Islamic cleric Sheikh Ahmad Gumi for talks following...
News

FAAC Disburses N1.127 Trillion in Revenue Share to Government Tiers

Nigeria's FAAC allocates N1.127 trillion to governments, with significant revenue boosts from VAT, CIT, and other sources.
News

Mezovest CEO Urges Nigerian Government to Price Local Gas in Naira, Not Dollars

Mr. Tosin Thompson, the CEO of Mezovest, has made a plea to the Federal...

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News

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.