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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.

New IGP Disu Flags Middle East Risk After Swearing-In

Tunji Disu took the oath as Nigeria's 23rd Inspector-General of Police on Wednesday and immediately flagged Middle East tensions as a domestic security concern.

Atiku, Obi, Mark Warn Tinubu Against One-Party State Ahead of 2027 Election

Atiku, Obi and other opposition leaders warn Tinubu against selective justice and alleged pressure on rivals ahead of 2027 elections.

Senators Protest Selective Police Orderly Withdrawal as Tinubu Demands Full Enforcement

Senators claim uneven VIP police withdrawal; Tinubu insists full compliance to boost national security and protect all citizens.

FG Plans N17.89 Trillion Borrowing to Fund 2026 Budget

Nigeria plans record N17.89tn borrowing in 2026 amid falling revenue; experts caution on rising debt and fiscal risks.

Tinubu Seeks Senate Backing for Troop Deployment to Benin

Tinubu asks the Senate to approve a Benin troop deployment after a failed coup sparked an urgent request for military support

Tinubu’s Benin Intervention Rekindles Debate

Tinubu’s swift move in Benin reignites debate over presidential troop deployment powers and the constitutional limits governing Nigeria’s military actions abroad.

Dickson: Tell President Tinubu the Truth About Rising Insecurity

Senator Seriake Dickson warns Nigeria faces rising insecurity, urging honest updates to President Tinubu. He calls for oversight, condemns praise amid violence, and supports investigations.

Tinubu Orders Herders to Surrender Guns and End Open Grazing

Tinubu pushes herders to surrender guns and adopt ranching as Edo boosts security after new threats and recent abductions.

Tinubu Redeploys 100,000 Police as Military Hunts Abducted Schoolchildren

President Tinubu redeploys 100,000 police to boost community security as military intensifies operations to rescue abducted schoolchildren in Niger and Kwara states.

38 Worshippers Abducted From Kwara Church Regain Freedom

Thirty eight worshippers abducted during a church service in Kwara have regained freedom, with officials crediting the release to coordinated efforts led by President Tinubu.

How Bandits Seized 25 Schoolgirls in Kebbi and Killed Vice Principal

Bandits storm a Kebbi girls school, kill a school official and abduct twenty five students, prompting urgent reactions from leaders.

Tinubu Approves 15 Percent Import Duty on Petrol and Diesel

President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market

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.