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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

Mark-led ADC Faction Meets Turaki-led PDP Bloc in Abuja Over Possible 2027 Alliance

KEY POINTS Mark-led ADC faction met Turaki-led PDP bloc in Abuja to explore possible...
Politics

PDP demands probe of gifts to INEC officials

The Peoples Democratic Party called Tuesday for a formal investigation into reports that a minister in President Bola Tinubu's cabinet offered land and cash gifts to senior Independent National Electoral Commission officials.
Politics

Makinde says Oyo 2027 successor decision is coming

Oyo Governor Seyi Makinde revealed Sunday that his administration has begun a structured succession process for 2027 and will announce a preferred candidate in due course.
News

PDP 2023 Kebbi Governorship Candidate Aminu Bande Resigns Party Membership

KEY POINTS Former PDP governorship candidate in Kebbi, Aminu Bande (Rtd), has resigned from...
News

Court Issues Arrest Warrant for Turaki, Factional PDP Chairman

KEY POINTS FCT High Court issues arrest warrant for Kabiru Turaki, factional PDP chairman ...
News

Bello Matawalle Withdraws Governorship Ambition to Back Dauda Lawal in 2027

KEY POINTS Bello Matawalle withdraws 2027 governorship bid to support Dauda Lawal’s reelection in...
News

Appeal Court Affirms Wole Oluyede as PDP Governorship Candidate for 2026 Ekiti Election

KEY POINTS The Court of Appeal in Akure has affirmed Wole Oluyede as the...
News

Zamfara Governor Dauda Lawal Defects from PDP to APC Amid Party Crisis

KEY POINTS Zamfara Governor Dauda Lawal has defected from the PDP to the APC...
News

Seriake Dickson Dumps PDP for Newly Registered NDC, Cites Internal Crisis

KEY POINTS Senator Seriake Dickson has defected from the PDP to the newly registered...
News

Court Confirms PDP Convention in Ibadan is Valid

KEY POINTS A court in Ibadan ruled that the PDP’s November 2025 convention was...
News

Speaker, 15 Lawmakers Quit PDP in Adamawa Assembly Shake-Up

KEY POINTS Speaker Bathiya Wesley and 15 lawmakers resigned from PDP, citing the party’s...
News

PDP Demands Immediate Release of Kuje Results

KEY POINTS PDP is urging INEC to immediately release pending results from two wards...
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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.