Economy

Is Nigeria a Pariah Economy to Foreign Investors?

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...

Why Nigeria’s 200,000-Point Rally Feels like a Recession to 140m

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...

Understanding the Power of Business Analysis in Building a Stronger Nigerian Economy

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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...

When Labour Supply Exceeds Economic Demand: What Next?

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...

Nigeria’s Declining Oil Output and Soaring Foreign Portfolio Investment Inflow

March 01, (THEWILL) — It is most intriguing that at a time Nigeria’s capital importation (hence, external reserves) is rising in leaps and bounds, the country’s crude oil production (output) remains largely static, or marginally increasing. It is no...

Nigeria’s Reserves Are Rising — But What is the Driving Force?

February 22, (THEWILL) — Nigeria’s external reserves have rebounded significantly, reaching about $49 billion as of early 2026, according to recent Central Bank disclosures. On the surface, this signals renewed macroeconomic confidence, improved foreign exchange liquidity, and stronger capacity...

Innovation Without Infrastructure: The Nigerian Business Paradox

“He who builds a canoe without a paddle will blame the river for running too fast.” – African proverb February 01, (THEWILL) — Nigeria's business environment is rich with innovation. From payments to logistics, real estate to digital services, we...

Food Crisis: When Policy Gaps, Insecurity Break Supply Chains

January 11, (THEWILL) — At neighbourhood markets in Nigeria, shoppers now bargain for cups instead of bags. A cup of rice replaces a sack, a slice for tubers, and four tomatoes instead of a basket. Not because tastes have...

2025 in Review: How CBN Policies Impacted Nigeria’s Economy and Financial System

January 05, (THEWILL) — As Nigeria closes the chapter on 2025, the Central Bank of Nigeria (CBN) emerges as the institution that quietly rebuilt the foundations of the country’s financial system. It was a year of tough adjustments, structural...

Nigeria’s 2025 Reform Year: How Security, Markets, Industry and Innovation are Building a $1trn Economy

January 04, (THEWILL) — Nigeria’s economic story in 2025 has not been defined by a single reform or headline moment. It has been shaped by sequencing, a deliberate effort to stabilise the macroeconomy, restore institutional credibility and align security,...