Extreme wealth

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Income and Wealth Inequality in Nigeria: Trends and Drivers

Oxfam's new reports, Income and Wealth Inequality in Nigeria: Trends and Drivers, and Taxing the Rich Fair Tax Monitor expose the deepening inequality crisis, urging the adoption of progressive…

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Social bomb in Nigeria: 99% of the wealthiest evade or avoid paying tax while millions go hungry - Press Release

Oxfam new report, Inequality and Wealth Disparity in Nigeria: Trends and Drivers

Seven richest Africans have more wealth than the poorest half of the continent’s population.

Africa's richest 1 percent own nearly half of the continent's total financial wealth.A tax of up to 5 percent on Africa’s super-rich could generate an annual amount of $11.9 billion, nearly enough to…

Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality says Oxfam

Billionaires 4,000 times more likely to hold political office than ordinary peopleThe wealth of African billionaires grew four times faster in 2025 than in the previous five years combinedBillionaire…

Billionaire wealth surges by $2 trillion in 2024, three times faster than the year before, while the number of people living in poverty has barely reduced since 1990

A staggering 60% of billionaire wealth in Nigeria is derived from inheritance, monopoly power, or crony connections, perpetuating a system of economic inequality. This unmerited wealth concentration…

Inequality Kills: The unparalleled action needed to combat unprecedented inequality in the wake of COVID-19

The wealth of the world’s 10 richest men has doubled since the pandemic began. The incomes of 99% of humanity are worse off because of COVID-19. Widening economic, gender, and racial inequalities—as…

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