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One country, two economies: Nigeria’s economic recovery leaves citizens behind - BUSINESSDAY

JULY 20, 2025

...As cost-of-living crisis persists despite improving macro indicators …Deepening rural poverty casts doubt on reform gains From the corridors of power in Abuja to the floors of international rating agencies, Nigeria’s economic outlook is starting to sound hopeful. Reforms appear to be working. Growth projections for 2025 are positive. Inflation is cooling. 

Foreign investors are slowly returning. The naira is stabilising. But on the streets of Kaduna, in the markets of Benin, and in...As cost-of-living crisis persists despite improving macro indicators …Deepening rural poverty casts doubt on reform gains From the corridors of power in Abuja to the floors of international rating agencies, Nigeria’s economic outlook is starting to sound hopeful. Reforms appear to be working. Growth projections for 2025 are positive. Inflation is cooling.


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