Tag Archives: Economic downturn punctures joy of festive season in Nigeria

Chinenye Ikechukwu’s Decembers are usually dotted with concerts, parties, and restaurant and beach outings with friends. But this year, the 27-year-old resident of Yaba in Lagos has stayed mostly at home due to the economic downturn plaguing Africa’s largest economy. The rising cost of living and soaring inflation, which stands …

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