Nigeria’s inflation shock hits tech, fintech, creative sectors as costs outpace growth

Businessday | 07-04-2026 05:55am |

Nigeria’s high-cost economic environment is beginning to reshape its technology, fintech and creative industries, as rising energy and logistics expenses compress margins and weaken consumer demand, even as transaction volumes and corporate earnings show pockets of resilience. For many urban workers earning about N900,000 monthly, rising petrol and food prices have erased savings buffers and

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