Five countries with highest wage growth in one year

Exciting news for Nigeria! According to the latest 2024 minimum wages report, the country has secured a spot among the top five nations experiencing the most significant growth in minimum net monthly wages within a year. Impressively, Nigeria has seen an 83.3 percent increase, marking the highest growth in at least five years.

Additionally, BusinessDay reported in November that compensation of employees, including wages and salaries, achieved the most substantial growth in two years, rising by 19.41 percent in the second quarter of 2023. Kudos to Nigeria for this remarkable economic progress!

Read more at Businessday

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