Economy

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...

May 18, (THEWILL) — The similarity between the highlights of the International Labor Organization (ILO’s) May Day 2026 message and the focus of President Bola Ahmed Tinubu’s Workers’ Day address is not coincidental. The ILO’s theme—“Decent Work Agenda”—is a...

May 17, (THEWILL) — Development Finance Institutions (DFIs) are vital to the climate finance landscape, disbursing roughly US$121 billion in 2012, according to the Climate Policy Initiative. Beyond channelling public budgets, DFIs can raise funds in capital markets, reinvest...

May 03, (THEWILL) — ‎Today, it is obvious that the state of the Nigerian economy is, in almost all respects, the same as the immediate post-fuel subsidy removal time in the second half of 2023. The announcement of fuel...

April 26, (THEWILL) — The above headline is necessitated by the continuing diminishing foreign direct investments (FDIs) inflow into Nigeria in the past couple of years, in spite of the ‘booming’ capital importation into the country. Available data show...

April 19, (THEWILL) — In April 2026, Nigeria presents one of the most puzzling economic contradictions in the modern developing world. On paper, the country is staging a recovery. The stock market is booming, inflation is easing, and growth...

April 12, (THEWILL) — A healthy economy depends on the prosperity of its businesses. A nation’s economic growth, job creation, and ability to compete globally are significantly influenced by the achievements of its private sector. However, a substantial number...

March 22, (THEWILL) — We are in an era where human potential should be the greatest asset of any nation. Here, we face a stark paradox: an abundance of willing workers juxtaposed against economic demand that fails to absorb...