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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.

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.

Court Bars NLC, TUC From Planned Abuja Protest Over FCT Strike Dispute

KEY POINTS National Industrial Court restrains NLC, TUC and union leaders from protesting or...

NLC Threatens National Mourning and Nationwide Protests Over Rising Insecurity

The NLC prepares national mourning and protests as insecurity worsens, accusing authorities of failing to protect schools and communities.

NLC To Decide On Next Steps As Strike Deadline Expires

NLC and ASUU call on the government to resolve issues as northern insecurity risks disrupting public tertiary institutions and triggering industrial action.

NLC Warns FG: Resolve Education Crisis in Four Weeks or Face Shutdown

The Nigeria Labour Congress and education unions have given the Federal Government a four-week deadline to end the ongoing crisis in the sector or face nationwide action.

ASUU Strike: NLC Condemns Tinubu No Work No Pay Policy

NLC rejects the no work no pay policy. Joe Ajaero says unpaid entitlements, not staff, cause ongoing strikes across the education sector.

Labour Day Divisions: Clash Over Worsening Hardship

Labour unions nationwide condemned rising inflation, poor wages, unpaid pensions, and growing insecurity, demanding urgent reforms and action.

Labour Threatens Action Over Rivers’ State of Emergency

The NLC calls for the reversal of Rivers state emergency and warns of disruption if the government does not respond.

NLC Plans Nationwide Protest Against Telecom Tariff Hike

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

NLC Accuses Tinubu Of Betrayal Over Minimum Wage, Fuel Price

NLC President Joe Ajaero accuses President Tinubu of breaking his promise not to raise fuel prices during minimum wage negotiations.

NLC President Joe Ajaero Released by Security Operatives

NLC President Joe Ajaero has been released after his arrest earlier in the day, sparking widespread concern and condemnation from civil society and labor unions

You Lack Authority to Sack Abure, Labour Party Warns NLC

Labour Party rejects NLC's bid to remove Abure-NWC, citing illegitimacy.

NLC Defies Court Order, Plans Nationwide Protest

The Nigeria Labour Congress (NLC), the country's largest trade union, has announced its intention...

Latest articles

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.

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.

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.

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.