Wakanow Raises Minimum Compensation, Awards Bonuses Amid Soaring Inflation in Nigeria

Nairametrics | 08-02-2025 08:16am |

As inflation in Nigeria climbs to 34.8% in December 2024, straining household incomes, Wakanow, a leading travel agency in Nigeria, has increased employee compensation and awarded significant bonuses, joining a trend among top Nigerian firms responding to economic pressures. The company paid bonuses of 20% to 40% of employees’ salaries in December 2024 and followed [...]The post Wakanow Raises Minimum Compensation, Awards Bonuses Amid Soaring Inflation in Nigeria appeared first on Nairametrics.

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