BusinessDay
Nigeria's leading finance and market intelligence news report.

How rising food prices stretch cash-strapped Nigerians’ wallets

Rising food cost is piling pressure on Nigerians whose incomes have contracted since 2015. The average income in Nigeria is less than $2,000. But even that does not tell the full story in a country where income inequality is rife and the highest number of poor people globally call home. These factors, coupled with a…

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