Economy

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...

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...

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,...

December 29, (THEWILL) — Nigeria’s decision to confront terrorism through a targeted joint security operation with the United States is being read in financial and diplomatic circles as more than a military action. It is a signal to markets, partners...

November 30, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) ended its 303rd meeting on Tuesday, November 25, 2025, with a cautious but deliberate shift. It held the Monetary Policy Rate (MPR) at 27%, maintained the...

September 15, (THEWILL) — What if someone told you that the same ₦75,000 you might spend on a weekend outing, a pair of sneakers, or even a few bags of groceries could be the very key to transforming...

September 01, (THEWILL) — In Lagos, Nigeria, just as in other African cities, such as Johannesburg, Cairo and Nairobi, the pressure to appear rich has reached disturbing heights. Amid a backdrop of rapid urbanisation and economic uncertainty, social media...

August 31, (THEWILL) — Recently, Dr Ngozi Okonjo-Iweala, a famous regional economist, two-term finance minister during President Olusegun Obasanjo’s regime and currently Director-General of the World Trade Organisation (WTO), has this to say about President Tinubu’s economic reform: “Tinubu...

July 20, (THEWILL) — In 2024, Africa made global headlines with a staggering 75 percent surge in Foreign Direct Investment (FDI), reaching a historic $97 billion. At first glance, this suggests a continent finally gaining traction in the competitive...

July 06, (THEWILL) — Trade statistics serve as the backbone of economic planning, investment decisions and policy formulation. For Nigeria, Africa’s largest economy and a key player in global trade, accurate and transparent trade data is essential for effective...