Economy

African governments, funders and health innovators have made 10 commitments to accelerate digital health transformation across the continent. The commitments target healthcare financing, primary healthcare, maternal and child health, innovation and ethical health data sharing. Organisers say progress...

Refined petroleum products became the UK’s biggest goods import from Nigeria, worth £674.5 million in the year to March 2026. Nigerian crude oil imports fell 64.3%, dropping below refined petroleum products for the first time in the latest...

August 03, (THEWILL) — The Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has said that the record $4.375 billion achieved in Nigeria's foreign exchange market within a single week has exposed the vulnerability of...

Nigeria's government is developing a framework to reduce the cost of capital without introducing new subsidies in a bid to stimulate private investment and economic growth. Finance Minister Taiwo Oyedele also announced that a detailed report on savings...

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...