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Only 1 in 100 Nigerians spends ₦1 million ($609) monthly, Piggyvest 2024 report shows

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New data from savings company Piggyvest confirms that Nigerians’ purchasing power has significantly reduced in the past year.

Nigerians are financially worse off than a year ago across several metrics like income, savings, spending, and emergency funds, as new data from Piggyvest highlights the impact of inflation on Nigerian pockets. 

Piggyvest’s report, which surveyed over 10,000…

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