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Published On: Wed, Aug 20th, 2014

Nigeria’s middle class jumps six-fold to 23m in 14 years – Standard Bank

Nigeria’s middle class jumped six-fold in 14 years as economic growth spiked between 2000-2014 with the return to democracy and increase in private sector investments, according to Standard Bank in a new report. According to the bank, middle class households in 11 leading sub-Saharan African economies, including Nigeria, are set to balloon to about 40…

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