Nigeria's leading finance and market intelligence news report.

Nigerians groan under weight of two economic recessions

Jide Olaoluwa and his young family lived in a three-bedroom apartment in the affluent neighbourhood of Victoria Island at the heart of Nigeria’s bustling commercial capital, Lagos. That was five years ago, but the time seems even more distant to Jide whose life has taken a dramatic turnaround since then. The 45-year-old worked with one…

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