Economy

Central Bank of Nigeria Governor Yemi Cardoso says recent economic reforms are rebuilding investor confidence and strengthening Nigeria's resilience. He argues that artificial intelligence, stronger institutions and macroeconomic stability will determine Africa's competitiveness in the evolving global economy. ...

The WTO's Director-General, Dr Ngozi Okonjo-Iweala, says Africa has a rare opportunity to benefit from global supply-chain diversification driven by geopolitical tensions. She urged countries to move beyond exporting raw materials and develop regional value chains. Okonjo-Iweala also...

The ECOWAS Parliament has endorsed calls for sanctions against member states that fail to comply with regional trade protocols. Lawmakers argued that stronger enforcement is needed to remove barriers to the free movement of people, goods and services. ...

ECOWAS lawmakers have begun a five-day meeting in Cotonou to discuss strengthening MSMEs' role in regional value chains. The discussions will focus on tackling barriers such as informality, limited financing and cross-border trade challenges. MSMEs account for more...

July 19, (THEWILL) — A recent social media storm has forced Nigerians to confront an uncomfortable question. "Olodo Uprising" is a trend where shallow entertainment, anti-intellectualism, and virality. The recent debate sparked by rapper Ycee's comments on the 'Peller...

July 12, (THEWILL) — All of a ‘sudden’, the first six months of year 2026 is gone, marked by the good, the bad and the ugly. With respect to the Nigerian economy, there was a lot of activities—dictated by...

July 06, (THEWILL) — In Nigeria today, everyone seems to have become an economist. On social media, in market stalls and in government corridors, the language of inflation, exchange rates and fiscal policy has become everyday conversation. The problem...

July 5 (THEWILL) — On July 1, 2026, a brand-new tax reality officially hit Nigerian ports. The newly introduced Green Tax Surcharge mechanism: a direct carbon penalty slapped onto high-emission vehicles has officially commenced, firing the opening salvo in...

June 28 (THEWILL) — Nigeria's nine oil-producing states received a combined N1.58 trillion from the statutory 13 percent derivation fund between June 2025 and June 2026, highlighting how currency depreciation and elevated oil revenues have dramatically expanded sub-national finances...

June 15, (THEWILL) — Three years after Nigeria floated the naira on June 14, 2023, the country's manufacturing sector remains one of the clearest gauges of the policy's far-reaching consequences. Introduced as part of broader economic reforms aimed at...