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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.

IPOB Ends Monday Sit-at-Home Across South-East

KEY POINTS IPOB has permanently cancelled the Monday sit-at-home across the South-East, effective February...

Deputy Speaker Kalu Lauds Tinubu’s Appointments to South East Development Commission Board

Deputy Speaker Kalu lauds Tinubu's South East Development Commission board appointments, urging action to address infrastructure and environmental challenges.

South East: The Key to Nigeria’s Success, VP Says

Nigeria's Vice President, Kassim Shettima, has praised the SouthEast region for its vital role...

South-East Igbo Leaders Laud Tinubu Amid Economic Crisis

Nigeria's President Bola Tinubu is facing growing discontent and anger from citizens who are...

South East Residents Face Harsh Roadblocks Ahead of Holidays

The South East region of Nigeria is known for its vibrant culture and festive...

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.