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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

Nigerian Government Warns Labor Union Against Planned Protests

The Nigerian government has urged the Nigeria Labour Congress (NLC) to cancel its scheduled...
News

Nigerian Youths Reject Labor Union’s Strike Plan

Nigeria's capital city, Abuja, witnessed a massive protest on Friday as thousands of youths...
News

NLC Defies DSS Warning, Vows to Proceed with Nationwide Protest Over Living Costs

NLC to conduct nationwide protests against high living costs, defying DSS's caution and aiming to spotlight Nigeria's economic challenges and hardships.
News

NLC Threatens to Demand N1 Million Minimum Wage Amid Inflation Crisis

The Nigeria Labour Congress (NLC) has warned that it may push for a new...
News

NLC, TUC Issue 14-Day Strike Notice Over Subsidy Failures

The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have...
Politics

NLC Accuses Nigerian Labour Minister of Breaching Constitution Amid NURTW Leadership Crisis

The Nigeria Labour Congress (NLC) has expressed its dissatisfaction with the Minister of Labour...
Politics

FG Works to Avert Nationwide Labour Strike

The Federal Government is reportedly taking action to prevent a nationwide strike. Multiple sources...
News

Nigeria’s Government, Labor Unions Locked in Wage Dispute

Tensions are escalating between Nigeria's Federal Government and organized labor unions, setting the stage...
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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.