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PiggyVest marks decade with N3tn payout to users

08.04.2026
PiggyVest, the pioneer of digital savings and investments in Nigeria, has officially crossed N3tn in total payouts to its users. The announcement coincides with the company’s tenth anniversary, marking a decade of transforming the financial habits of millions. Since its inception in 2016, PiggyVest has evolved from a simple automated savings app into a comprehensive...
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Dangote Hikes Petrol Price to N1,275, Diesel to N1,950

08.04.2026
The Dangote Petroleum Refinery has again increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the development to our correspondent on Tuesday night, said the facility adjusted its pricing in response to prevailing international crude oil benchmarks and market...
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FG Plans Mass Savings Scheme to Cut Government Borrowing

08.04.2026
The Federal Government has unveiled plans to introduce a mass savings scheme aimed at reducing reliance on borrowing and expanding domestic investment, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. Edun disclosed this during a panel session on Tuesday, at the launch of the latest Nigeria Development Update by...
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CBN eyes DFI recapitalisation for MSME funding gap

08.04.2026
The Central Bank of Nigeria may push for the recapitalisation and restructuring of Development Finance Institutions to address a significant financing gap facing micro, small, and medium-sized enterprises. The Deputy Governor for Economic Policy at the CBN, Muhammad Abdullahi, disclosed this during a panel session at the launch of the Nigeria Development Update by the...
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Nigeria-Ghana Onion Trade Resumes After Weeks of Dispute

08.04.2026
Cross-border onion trade between Nigeria and Ghana has officially resumed following the lifting of restrictions that had disrupted the movement of goods and stranded dozens of trucks along the trade corridor. In a notice issued on Tuesday, the Regional Observatory of Onion in West and Central Africa confirmed that all outstanding issues affecting the trade...
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Russia’s new Africa financial network to include Nigeria

08.04.2026
Nigeria has been named among countries linked to a new Russia-backed cross-border payments initiative aimed at expanding Moscow’s financial footprint in Africa and reducing reliance on Western financial systems following sanctions imposed over the war in Ukraine. According to a report by the Financial Times, Russia is seeking to develop an alternative payments network across...
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Myitura Launches Health Financing for Women in Nigeria

08.04.2026
Health-tech platform Myitura has launched a women-focused healthcare financing solution powered by Mediloan, aimed at improving access to affordable healthcare services for women in Nigeria. The initiative, unveiled to mark Women’s Month, comes alongside the release of a new white paper titled “Closing the Gap: Healthcare Financing for Women in Nigeria”, which examines structural barriers...
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T-Bill yields drop amid N6tn liquidity surge in Nigeria

08.04.2026
The Nigerian Treasury Bills secondary market maintained a strong bullish trajectory last week as an unprecedented surge in system liquidity pressured yields downward, according to the latest fixed-income analysis from Afrinvest Securities on Tuesday. The financial system opened the second quarter with an N6.19tn long position as of Wednesday, 1 April 2026. This robust liquidity...
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CBN & EFInA Push Reforms to Bridge Gender Financial Gap

08.04.2026
The Central Bank of Nigeria and Enhancing Financial Inclusion and Advancement have issued a joint call for a radical shift in policy and product design to address the persistent barriers preventing women from accessing formal financial services. Speaking at the “Gather, Gain, Grow” convening held in Abuja to commemorate International Women’s Month 2026, leaders from...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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