Economy

May 24, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has unanimously voted to retain the Monetary Policy Rate (MPR) at 26.50 percent, choosing caution over monetary easing as inflation resumed its upward climb and economic...

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 28, (THEWILL) — Nigeria’s creative industries, currently valued at an estimated $3 billion annually, are poised for expansion following the launch of a targeted funding initiative designed to strengthen technical production capacity across film, fashion and music. The UK-Nigeria...

April 26, (THEWILL) — President Bola Ahmed Tinubu’s recent request for the Senate’s approval of a $516.3 million-dollar syndicated loan to finance key segments of the Sokoto-Badagry Superhighway, has sent ripples of concern among well-meaning citizens. When approved (as...

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...

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...