Fintech, Startuping

The Disappearing Middle Class of The Nigerian Economy

Like a penis on a cold harmattan morning, the Nigerian middle class is shrinking fast. People who used to flaunt their big Spar and ShopRite shopping bags now clutch their purses tighter than a Danfo conductor holding change. Everyone’s looking for where to save ₦50. Those online shopping budgets have relocated to Obalende market and Onitsha main markets.