Business Daily

Forex Pressures, Election Spending Drive $850m Drop in Nigeria’s External Reserves

Economy, News /

Nigeria’s external reserves have declined by approximately $850 million within a three-week period, as mounting foreign exchange (FX) pressures and increased election-related spending weigh on the country’s financial buffers. Latest data from the Central Bank of Nigeria shows that reserves fell from about $50.03 billion in mid-March 2026 to $49.18 billion by early April, reversing […]

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Lagos State

Lagos Announces Major Traffic Diversions for Infrastructure Project Commissionings on Wednesday and Thursday

News /

The Lagos State Government has issued a notice on traffic restrictions in several parts of the state to facilitate the smooth commissioning of key infrastructure projects scheduled for Wednesday, April 8, and Thursday, April 9, 2026. In a statement released on Tuesday, the Commissioner for Transportation, Mr. Oluwaseun Osiyemi, explained that the temporary road closures

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PiggyVest celebrates 10 years with N3tn payout

Editors Pick, Entertainment /

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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Consolidated Hallmark Holdings

Consolidated Hallmark Holdings Commits Over ₦40m to Education as 13th Annual Essay Competition Opens

Corporate /

PRESS RELEASE—In line with its commitment to education, industry development and thought leadership, Consolidated Hallmark Holdings Plc has announced the 13th edition of its Annual Essay Competition, an initiative that has grown into one of Nigeria’s respected academic platforms for advancing insurance education. Since its launch in 2011, the financial services group has invested over

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