A Bank Account Owner in Nigeria on Dealing With Inflation
A 5-year projection table showing side by side the savings growth vs inflation effect, money vs purchasing power gap, can become a real situation for most people.
A New Perspective
A 5-year projection table showing side by side the savings growth vs inflation effect, money vs purchasing power gap, can become a real situation for most people.
It would be harder and awkward to make this ratio look a bit simpler, like 1 in 1.17 working Nigerians are self-employed. However, it rounds nicely to 6 in 7, which is an easier way to understand the numbers.
This information is based on news reports covering the official launch and company statements from August 6, 2025.
The appointment of a receiver to KEPCO and Egbin Power illustrates that banks are no longer confident in these companies’ ability to repay debts.
The economic recovery is impossible in an unsafe environment. Businesses are pulling back investments, and entrepreneurs cannot operate in regions under threat. The result is a surge in unemployment and deepening poverty, particularly among our youth. While inflation and housing shortages also demand urgent attention, they cannot be resolved in isolation from the country’s deteriorating security climate.
Scams might not always start on WhatsApp. They may begin on dating apps, texts, or even TikTok, and then shift to WhatsApp to complete the scam.
The research underscores that scaling back USAID funding risks millions of preventable deaths and threatens to reverse hard-won progress in global health and socio-economic development, making it a critical issue for policymakers worldwide.
The six Area Councils in the FCT are failing to implement the agreed N70,000 minimum wage for primary school teachers.
This is triggering a mass protest in the state, and teachers are joining the upcoming movement.
The SEC is taking its fight against Ponzi Schemes to the next level.
A new regulatory framework is one of its new strategies to cut the prevalence of perpetrators.
Electricity reforms raise concerns and subsequent protests in Nigeria.