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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

Tinubu’s $1.25bn World Bank loan nears June approval

Nigeria's $1.25 billion World Bank loan for investment and jobs is set for a June 26 approval vote, pushing total public debt past N160 trillion.
Politics

Nigeria’s House Approves Tinubu’s N58.18 Trillion 2026 Budget

Nigeria’s House of Representatives has approved President Tinubu’s N58.18 trillion 2026 budget, prioritising capital expenditure, security and macroeconomic stability.
News

Nwajiuba Slams Tinubu Government, Likens It To A Cartel

Nwajiuba criticises Tinubu’s government, calls it cartel-like, and declares his plan to run for president in 2027.
Politics

Atiku Warns Democracy Is Slipping As Opposition Space Shrinks Under Tinubu

Atiku Abubakar says Nigeria’s democracy is under pressure as opposition parties face growing political interference under the Tinubu administration.
News

Umahi Says Southeast Integration Makes Biafra Calls Obsolete

Works Minister David Umahi says federal infrastructure investment under President Tinubu has reintegrated the Southeast, making renewed Biafra agitation unnecessary.
News

US Firm Withdraws Nigeria’s Presidential Jet Listing

JetHQ has removed Nigeria’s presidential jet from its listings, creating new uncertainty around the sale and the government’s stalled disposal plan
News

Kidnappings Spread Across Kwara, Kebbi and Kano as Raids Intensify

Armed groups raided Kwara, Kebbi and Kano, took twenty people and sparked wider security deployments while families and communities pushed for stronger protection.
News

Economy: Experts Question Federal Government’s Positive Assessment

Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.
Business

FG Plans to Open More Gemstone, Jewellery-Making Centres

FG to establish gemstone and jewellery-making centres to boost entrepreneurship and support local value addition
News

SAN Urges Tinubu to Free Nnamdi Kanu in Honour of Late Elders

The Senior Advocate appeals to President Tinubu through a formal petition to let Nnamdi Kanu go because reconciliation efforts and legal principles both need his release.
News

Shettima Reaffirms Tinubu’s Commitment to Workers’ Welfare

Nigerian workers receive renewed assurance of support from Shettima who emphasizes wage reforms in addition to economic policies throughout his commitment to Tinubu’s administration.
News

SERAP Demands Reversal of Telecom Tariff Hike

SERAP urges Tinubu to reverse 50 percent telecom tariff hike or face legal action.
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News

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.