Inflation: FMCG transaction volume in Nigeria to decline 17.4% in 2024, report says

Economic activities in Nigeria contract for 13th consecutive month, CBN says

The latest report from NielsenIQ has revealed that the Nigerian fast-moving consumer goods (FMCG) market has seen a 17.4% decline in transaction volume this year as Nigerians continue to struggle with the high cost of goods. The report, which measured market performance and consumer behavior as of March 2024, indicated that transaction volume on the … Read more

For entrepreneurs, it is difficult to find cash to invest outside of their business.

For entrepreneurs, it is difficult to find cash to invest outside of their business.

Open this photo in the gallery: Many female entrepreneurs need to use all their money to fund their businesses and as a result, they put off saving for the future and retirement.Getty Images Catherine Graham spent nearly a decade running two businesses in parallel. But as she grew those companies, Graham was acutely aware of … Read more

Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

Bangladesh, which remains on the brink of instability, is facing a severe economic crisis. According to data from the Bangladesh Bureau of Statistics, the consumer price index (inflation) hit a 12-year high of 11.66 percent in July. Food inflation, in particular, exceeded 14 percent in July for the first time in 13 years, The Daily … Read more