'Report Reveals 53% of Nigerians Don't Save'
A startling new window into the financial habits of Africa’s largest economy has revealed a deepening savings crisis.
According to the PiggyVest Savings Report 2025, released in March 2026, over half of the Nigerian population is currently living without...
In July, Lending, Savings Rates Hit 22.14% – Report
The gap between the maximum lending rate and savings deposit rate in the banking sector widened by 22.14 per cent in July.
Banks savings deposit rate rose slightly to 5.24 per cent in July from 5.18 per...
FG Raises N1.923trn Through Savings, FGN Bonds In Eight Months
In a development that shows sustained investors’ confidence in the Nigerian debt market, the federal government through the Debt Management Office (DMO) in raised a whooping N1.923 trillion from bond auctions from January till date.
The...
PenCom Stop Charges On Artisans’ Savings Below N5m
The National Pension Commission has ordered Pension Fund Administrators to stop charging any fee on micro pension funds under their management that are below N5m.
It disclosed this on Monday in a circular signed by the Head, Surveillance...
Investors Seek Tax Removal On Investments To Promote Savings
The prevailing high tax regime in the country has come under fresh criticism, as investors have called on the Federal Government to remove the various taxes imposed on investment in the capital market, stating that such...
