The number of Nigerians earning over ₦500,000 per month has dropped dramatically, declining by 57% between 2023 and 2024, according to data from the PiggyVest Savings report. In 2023, 14% of respondents disclosed earnings above ₦500,000, but this dropped to just 6% in 2024. This decline may reflect the relocation of high earners — identified […]
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