As 2025 ended and 2026 began, how would you describe Nigerians’ lives in the outgone year? Last year was a terrible year for poor working people in Nigeria. For the few that were still lucky to have salaried work, their wages could hardly take them home. House rents shot through the sky. For many people, their rents doubled between 2024 and 2025. Insecurity made travelling and even living in people’s homes a challenge of survival. While the economy did grow, it was only to the benefit of the few rich and powerful people, who became richer while the poor became poorer. Would you say there are signs that the New Year will be better for the Nigerians? There are signs for sure that this year will be better for rich people. In the second week of the year, the news filtered in that the NGX, which is the Nigerian Stock Exchange, crossed the centi-trillion naira mark for the first time. While this hides the impact of things like the devaluation of the naira, regarding actual value, ...
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