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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.

Iyabo Obasanjo Set to Return to PDP After APC Exit

KEY POINTS • Former senator Iyabo Obasanjo is reportedly set to rejoin the Peoples Democratic...

Turaki-Led PDP Faction Moves to Ratify Goodluck Jonathan as 2027 Presidential Candidate

KEY POINTS The Turaki-led PDP faction has scheduled a convention in Abuja to ratify...

Makinde-backed PDP Faction Picks Jonathan as Sole Presidential Candidate

KEY POINTS A PDP faction backed by Seyi Makinde has adopted former President Goodluck...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

PDP and APM Sign Alliance Agreement Ahead of 2027 Elections in Ibadan

KEY POINTS • The PDP and Allied Peoples’ Movement have signed a Memorandum of Understanding...

Jonathan eyes PDP for 2027 as groups scramble for form

Former President Goodluck Jonathan plans to use the PDP for a 2027 presidential bid as nine groups scramble to buy his N100 million nomination form.

Umahi Backs Tinubu’s 2027 Bid, Signs Nomination Form

KEY POINTS David Umahi endorsed Bola Ahmed Tinubu for a second term by signing...

Senate Picks Tony Nwoye as Minority Whip

KEY POINTS The Senate appointed Tony Nwoye as Minority Whip following the defection of...

PDP loses five Reps, APC two in fresh House defections

Eight lawmakers switched parties Tuesday in the House of Representatives, with PDP losing five members and APC two as 2027 election positioning intensifies.

Gbenga Daniel Denied Access to APC Caucus Meeting in Ogun

KEY POINTS Gbenga Daniel was barred from attending an APC caucus meeting in Ijebu-Ode ...

Shekarau Dumps PDP, Moves to Rejoin APC

KEY POINTS Ibrahim Shekarau has left the PDP and is set to rejoin the...

Madagali Emerges Adamawa APC Chairman

KEY POINTS  Former PDP chairman Hamza Madagali has been elected Adamawa APC chairman through...

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.