Why Your Revenue Is Growing and Your Business Still Feels Like It Is Bleeding
Revenues are projected to grow by about 30 percent in 2026, but costs are expected to rise even faster at around 40 percent across multiple sectors — pointing to inevitable margin compression.
GROWTH by BWB — Signal RoomInaugural Briefing • Free • July 2026________________________________________The Cash Flow Truth Nobody Is Saying Out LoudWhy Your Revenue Is Growing and Your Business Still Feels Like It Is Bleeding________________________________________Let me tell you something that three different business owners told me in three different conversations this month — Lagos, Accra, and the diaspora — all saying the same thing in different words:"Revenue is up but I feel broker than I did two years ago."That sentence is not confusion. That is economics working exactly as it should, against you; while you are too busy running the business to notice what is actually happening.Here is the truth the macroeconomic reports will not say plainly: Nigeria's headline inflation has fallen to around 15 percent in early 2026, down from 34 percent in 2024. On paper that looks like good news. Food inflation has cooled to its first single-digit level in over a decade. The CBN is taking credit. The government is taking credit. Meanwhile you are sitting in your office wondering why the money still does not stretch.The reason is straightforward, and once you see it, you cannot unseen it.________________________________________The Number That Actually Matters Is Not RevenueThe SME graveyards of ...
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