Economy

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...

April 12, (THEWILL) — The public launch of ChatGPT by OpenAI in November 2022 further accelerated Africa’s digital transformation landscape, post-COVID. The prominence of artificial intelligence (AI), a technology that has existed since the 1960s, has skyrocketed with the...

March 30, (THEWILL) — Nigeria is shifting from stabilisation to growth and moving aggressively to mobilise private capital as part of efforts to bridge an estimated $14 billion annual infrastructure financing gap, Minister of Finance and Coordinating Minister of...

March 30, (THEWILL) — The Federal Government has opened an expression of interest for the National Digital Economy Research Clusters, a N12 billion research funding scheme to strengthen evidence-based policymaking in Nigeria. This was disclosed by the Minister of Communications,...

March 29, (THEWILL) — Nigeria’s economy is ironically strong, yet socially fragile. As 2026 unfolds, businesses are booming, but the labour market has barely budged. According to the latest Central Bank of Nigeria (CBN) and Stanbic IBTC Purchasing Managers’...

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...

March 18, (THEWILL) — Global investors and financial experts have commended Nigeria’s sweeping financial sector reforms, describing them as credible and capable of restoring long-term investor confidence at the Africa Capital Forum held in London. The high-level forum, themed “From...

March 09, (THEWILL) — Nigeria’s consumer giants have survived currency shocks, border closures, fuel subsidy removals and recessions. Yet the high interest-rate environment of 2024–2025 may prove to be their most destructive challenge. At lending rates ranging between 38 percent...

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...