Morning recap: NYSC kidnappers slash ransom to N100m, Nigerians’ personal loans hit N2tn, other top stories

In a recent roundup of top stories, kidnappers holding 20 prospective NYSC members in Imo State have slashed their ransom demand from N1bn to N100m, causing outrage among families who claim the victims are being beaten in captivity. Meanwhile, personal loans obtained by Nigerians have risen to an estimated N2.06tn due to persistent cost pressures and weak consumer spending, according to the Central Bank of Nigeria.

The Nigerian Army also bid farewell to discharged Master Warrant Officers at Depot Nigerian Army, Zaria, urging the former soldiers to remain good ambassadors of the service.

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