Economic pulse quickens after Easter break

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Businesses across Nigeria sprang back to life on Tuesday as offices, markets, banks, and commercial centers reopened after the Easter holiday.

Streets in major cities like Lagos, Abuja, and Port Harcourt, which had worn a quieter look over the past few days, are now bustling again with activities.

Economic analysts say the resumption marks an important moment for the second quarter of 2025, especially for sectors that rely heavily on continuous consumer interaction.

“Now that businesses have resumed, we expect a significant rebound in retail, logistics, and financial transactions. The next few weeks will be crucial for businesses trying to make up for the lost days,” said Temitope Ajayi, a Lagos-based economist.

Markets and shopping malls reported early morning surges as traders and customers hurried to resume transactions.

Banks experienced long queues, with many Nigerians rushing to process pending transactions and resolve banking issues that piled up during the break.

Chidi Okonkwo, a financial analyst with Alpha Frontier Advisory, noted that while the break offered an important period of rest and religious reflection, the economic impact cannot be ignored.

“Small and medium-sized enterprises (SMEs) are usually the hardest hit during the break,” Okonkwo said. “Cash flow disruptions can lead to operational bottlenecks, especially for businesses that work on tight margins. However, the resilience of Nigerian entrepreneurs will see many bouncing back quickly.”