Economy

We’re Moving To Growth – Edun Unveils Private Capital Drive To Bridge $14bn Yearly Infrastructure Gap

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...

FG Opens Expression of Interest for Digital Economy Research Clusters

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,...

Why Nigeria’s Economic Expansion is Failing to Create Jobs

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’...

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...

Investors Laud Nigeria’s Financial Sector Reforms At London Africa Capital Forum

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...

Negative Equity Looms for Nigerian FMCG Giants Amid Crippling Interest Costs

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...

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...

Strict Fiscal Responsibility Key to Monetary Reform Gains – Adetilewa

January 25, (THEWILL) — The Chief Executive Officer of CFG Advisory, a financial advisory firm, Mr. Adetilewa Adebajo, has cautioned that the economic benefits resulting from Nigeria’s monetary policy reforms could dissipate into significant financial losses unless stringent fiscal...

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...
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Ludek Miklosko Passes Away: Remembering West Ham Legend, Historic Man Utd Title Spoiler

West Ham United are mourning the death of legendary former goalkeeper, Ludek Miklosko, who has died at the age of 64 following a battle with cancer.
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