August 4, 2025

rising cost

Economy General

Nigeria’s Economy Faces Headwinds as Rising Costs and Weak Confidence Weigh on Private Sector

Lagos — Nigeria’s private sector is grappling with mounting challenges as persistent cost pressures and declining business confidence threaten to slow economic recovery, analysts warn. The combination of rising input prices, inflationary pressures, and cautious consumer spending is straining businesses across key industries, raising concerns about the sustainability of growth. Recent economic data from the

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General

The Dream Fades: Rising Housing Costs Price Out Nigerian Homebuyers

The rising cost of housing in Nigeria is making it increasingly difficult for individuals to achieve their dream of homeownership, according to the CEO of Point1 Homes. The executive highlighted the challenges posed by the current housing market, where escalating prices are pricing out potential homebuyers. The CEO emphasized that the situation demands innovative solutions

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