ABUJA DAILY MAIL

 

  The rising cost of living and stagnant incomes has reduced the saving culture of cash-strapped Nigerians, especially women. According to a recent Global Findex report by the World Bank, the percentage of adult women who saved at financial institutions declined by 8.6 percentage points to 12.3 percent in 2021 from 20.9 percent in 2011. The 12.3 percent is also lower than the 23.1 percent of adult men who saved in 2021. Analysts, who were not surprised by the data, said the current socio-economic indicators such as elevated poverty levels, rising inflation, high unemployment, low incomes, and weak purchasing power are affecting people’s ability to save. Inflation and unemployment levels have worsened which has increased the country’s misery index, says Abiodun Keripe, managing director at Afrinvest Consulting Limited. “So, clearly these would affect the rate at which people would want to save, regardless of whatever class or age bracket they are. We will only see an improvement whe...

Cheaper substitutes such as eggs and offals (organ meats) used by most households to supplement their protein needs are going out of reach as prices are rising, according to a recent report by SBM Intelligence. The report titled ‘Brace for Impact’, stated that eggs have become an adequate substitute for most Nigerians as they strive to reduce the cost of buying bigger protein meals.

  Proven to help pupils develop their social and listening skills, is a popular ritual method of learning called the "Morning Circle." In this report, HENRY TYOHEMBA writes on the methodology as a wonderful way to usher kids into adulthood. Magaji Abdullahi Early Childhood Care, Development and Education (ECCDE) centre, Sokoto is a busy place to be on a typical morning during school hours. The sight of kids aged 3-5 years moving round in circles, with a mixture of routines, traditions, music, movement, conversation, learning, and fun is behold to watch. These activities, popularly known as ‘Morning Circle,” is a ritual, usually practiced in the morning when the children gather together to enjoy each others’ company and explore their own inner thoughts and emotions under the guidance of a teacher. The whole class participates in a circle, which is led by the tutor. When LEADERSHIP visited the ECCDE Centre, which is located at Shagari community, Shagari Local Government, Sokoto...