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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.

Senate queries SEDC over N153m spent on Abuja office rent

The Senate has queried the South East Development Commission over N153m allegedly spent renting an Abuja office, demanding a full account of funds from its 2025 budget.

Akpabio backs Tinubu’s $516m superhighway loan, orders one-week review

Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.

Senate Directs North Central Commission to Focus Spending on Agriculture and Security

KEY POINTS The Senate has told the North Central Development Commission to prioritise agriculture...

INEC Declines to State Position as Senate Reverses Stance on Real-Time Election Result Transmission

KEY POINTS INEC declined to comment on the electoral amendment controversy until lawmakers complete...

Senate Seeks Nationwide Emergency Response Framework After Abuja Singer’s Snakebite Death

KEY POINTS Senate urges FCTA and states to create coordinated emergency referral and response...

Vigilantes Block Bandits at Kiri High School as Two People Die in Clash

Vigilantes stopped a bandit raid on Kiri High School. Two people died in the clash as Kebbi and Niger abductions fueled national security concerns.

APC Governors Can’t Intervene In El-Rufai’s Ministerial Rejection

Governor Sule states PGF has no role in El-Rufai’s ministerial nomination rejection, highlighting party unity and procedural independence.

Rowdy Session in Senate Over Tax Reform Bill

The Senate erupts in chaos over the controversial Tax Reform Bill, highlighting deep divisions among lawmakers.

2025 Budget May Be Before Senate This Week – Tinubu

Senate committees are reviewing fiscal plans this week, with President Tinubu potentially presenting the 2025 budget.

Mali, Burkina Faso Terrorists Now Active In Northwest Niger State

The Senate on Thursday called for immediate action to arrest terrorists infiltrating from Mali-Burkina Faso to Nigeria's northwest and Niger state, stressing the need for military capacity and community engagement.

Nigerian Senate Presses Tinubu for Action on Worsening Banditry

Nigeria's Senate is urging President Bola Tinubu to take decisive action to address the escalating banditry crisis in the country's northwest region. Senators expressed deep concern over the continued violence, which has resulted in numerous deaths, kidnappings, and the displacement of entire communities.

Nigerian Senators Clash Over Bill to Ban Open Grazing

Nigerian senators are embroiled in a heated debate over a bill proposing a ban on open grazing and the establishment of cattle ranches. Proponents argue the bill is necessary to end deadly farmer-herder clashes, while opponents raise concerns about constitutionality and practicality.

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.