Marcel Okeke, THEWILL

October 06, (THEWILL) – Since the announcement of the bank recapitalization policy in March 2024 by the Central Bank of Nigeria (CBN), the banking industry has been undergoing a flurry of activities—both on the part of the regulators and...

September 29, (THEWILL) – A few days ago, when the National Bureau of Statistics (NBS) released the inflation figures for August 2024, the Nigerian National Petroleum Company Limited (NNPCL) also issued a new fuel pricing template. Curiously, while the...

September 08, (THEWILL) – For quite some time now, no week passes without an arm of the armed forces and some agencies of the Federal Government announcing the number of illegal refineries that they have destroyed in the Niger...

September 01, (THEWILL) – The Bola Tinubu Administration has been engaging in a lot of ‘trial and error’ in its quest for an improved and sustainable foreign exchange (FX) inflow since its inauguration in May 2023. It has even...

August 18, (THEWILL) – In yet its desperation to raise revenue inflow, the Bola Ahmed Tinubu administration has through the approval of the National Assembly, doubled its capacity to draw loans from the Central Bank of Nigeria (CBN) in...

August 11, (THEWILL) – The recent directive by President Bola Tinubu, sequel to a deliberation of the Federal Executive Council (FEC) that the Nigerian National Petroleum Company (NNPC) Limited should begin to sell crude oil to Dangote Refinery and...

July 28, (THEWILL) - Since May 2023 when it was commissioned by the then President Muhammadu Buhari, the Dangote Refinery, located in Lekki, Lagos, has remained Nigeria’s only hope for substantial local supply of petrol (Premium Motor Spirit, PMS)....

July 14, (THEWILL) – Wittingly or otherwise, in the obvious absence of any overarching economic roadmap of the President Bola Ahmed Tinubu administration, it seems the vacuum is being ‘filled’ with palliatives being doled out by the Government. Since...

June 30, (THEWILL) – Deliberately or otherwise, the Nigerian Government has been depending on inflow from Foreign Portfolio Investment (FPI), ‘Ways and Means’ from the apex bank and an assortment of loans (foreign and local) for financing its operations. These...

June 23, (THEWILL) - “Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food. Only two years ago, Africa’s biggest economy, Nigeria was projected to...