The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Nigerian naira gained modest ground against the American dollar on Monday morning as foreign exchange liquidity improved across trading desks. Official market figures placed the currency at roughly 1,354 naira per dollar, extending a multi-day rally. Street traders in Lagos offered greenbacks near 1,405 naira, keeping the parallel market premium narrow. Central bankers view…
Headline inflation in Nigeria will likely fall to 15.51 percent in July. Independent econometric modelling from BusinessDay points to a gentle drop from the 15.91 percent recorded in June. If official data confirms this shift, price growth will mark a second straight month of cooling. Calmer foreign exchange markets and steadying supply chains helped tame…
Former Vice-President Atiku Abubakar and President Bola Tinubu’s administration have locked horns over a grim security record. Atiku seized on reports showing 5,091 violent deaths over three months to demand the president’s resignation. He blamed fiscal indiscipline and budget padding for starving frontline troops of necessary hardware. Numbers tell a terrible story. The former vice-president…
Iran’s Revolutionary Guards declared on Sunday that they will not reopen the Strait of Hormuz until Washington meets all of Tehran’s demands. Guards spokesman Hossein Mohebi described the vital maritime chokepoint as an active theatre of war rather than a simple shipping route. The announcement directly contradicts optimistic signals from White House officials regarding imminent…
African football leaders rallied around FIFA boss Gianni Infantino this week after a clumsy corporate scheme collapsed in public embarrassment. The Confederation of African Football unanimously endorsed Infantino despite his failed attempt to privatise part of the global game. Infantino had tried to sell minority stakes in a new commercial arm to raise four billion…
British-Nigerian heavyweight Moses Itauma will fight Croatia’s Filip Hrgovic for the vacant IBF world title on August 29 at London’s O2 Arena. Former undisputed champion Oleksandr Usyk vacated his championship belts to pursue a lucrative final career bout. The decision instantly transformed a planned contender clash into a full world championship showdown. Itauma now stands…
Nigeria’s economy is on track for its fastest second-quarter expansion in five years, according to early macro nowcast estimates. The projected acceleration follows a solid opening-quarter performance that expanded by nearly four per cent year-on-year. Analysts attribute the momentum to easing inflation pressures, improved foreign exchange availability, and steady private sector demand. The agonising phase…
Adeniyi Adeyemi, the detained head of a disputed presidential investment council, is fighting back against accusations that he invented the fake federal agency out of thin air. His legal team insists that key state institutions actively approved, funded, and housed the body over an extended period. The unfolding scandal exposes alarming gaps across Nigeria’s administrative…
Central Bank of Nigeria Governor Olayemi Cardoso and World Trade Organisation Director-General Ngozi Okonjo-Iweala will lead high-level discussions on structural reforms at the seventh Africa Emerging Markets Forum in Abuja. Hosted at the apex bank’s headquarters this week, the summit brings together finance ministers, central bank governors, and development partners from across the continent. The…
Foreign praise cannot substitute for domestic performance at the ballot box. The African Democratic Congress warned President Bola Tinubu that a commendation letter from US President Donald Trump will not save him from political defeat in 2027. The opposition party reacted after presidential aides enthusiastically circulated the diplomatic letter across public channels. Trump had praised…