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- CBX Daily 1/26/2026
CBX Daily 1/26/2026
Today, Nigeria cleared $3.4 billion in IMF debt post-COVID… But let's start with Gen Z reshaping luxury while choosing experiences and assets as the market rebounds
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Forget Tradition, Gen Zs Are Changing Luxury One Item At A Time
You'd be surprised, or not if you found out that Gen Zs would rather spend their money on experiences rather than material things. The luxury market shifting was not on anyone's bingo card but neither was the Covid-19 pandemic which caused the total global luxury market to shrink by 20–22% to and losing approximately $1.15 trillion, returning to levels seen in 2015. And while the market is still recovering, the young generation have their priorities set and would rather spend on real estate, luxury cars, private jets and collectibles.
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Can Nigeria’s Debt Strategy and Reforms Revive Its Economy?
Nigeria joins the list of countries not on the IMF's debt list by paying back a whopping $3.4 billion to shutter the blow of the COVID-19 pandemic in 2020. The West African country has been wrought with a lot of economic instability and price inflation and the loan was meant to cushion the economic blow. President Tinubu made the decision to return Naira to a free-floating currency which led to the currency losing more than 60% of its value against the dollar. |
How AI and Stock Ownership Are Fueling a $52 Trillion Wealth Gap in America
America’s wealth engine is accelerating, but it’s not lifting everyone equally. The top 1% now holds a record $52 trillion in wealth, powered by surging stock markets and AI-driven companies. While this signals economic strength at the top, it’s widening the gap for everyone else. For Black communities, this moment is deeply familiar. Wealth concentration is influencing how people spend, how businesses grow, and how success itself is defined in a system where access to assets, not effort alone, often determines outcomes. |
Hacked Out: The Digital Security Crisis Facing Diverse Communities.
We talk a lot about access when it comes to technology, perhaps not enough about protection. As inclusive communities grow increasingly mobile and digitally connected, they’re also becoming prime targets for cybercrime. From phishing scams to data leaks, these internet users are disproportionately vulnerable and tech companies could be doing more to secure their digital safety. |
What America Needs To Know About Tariffs & Economic Uncertainty
Tariffs aren't just a headline in the news, they are directly impacting our wallets, communities, and futures. As the U.S. embraces protectionist policies, the economic ripple effect touches every corner of our lives, from the cost of daily necessities to job security. The Trump administration's recent flirtation with increased tariffs has economists shaking their heads. Tariffs could knock at least 0.8% off U.S. GDP growth. That's more than just economic jargon it translates into fewer job opportunities, higher costs, and a weakened position in the global marketplace. America's competitive edge isn't just about prestige, it's about stability for families trying to thrive. |
Make sure this week kicks off “Turbulence” Free with Wizkid in our CBX Vibes! |














