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
A massive petroleum fire tore through central Abuja late Thursday night, leaving three firefighters injured and scorching government infrastructure. An exploding fuel tanker packed with 45,000 litres of petrol sparked the blaze at an AYM Shafa station in Garki. First responders rushed to the scene around mid-evening as high flames threatened adjacent commercial districts. One…
The Nigerian Bar Association challenged the Economic and Financial Crimes Commission over its decision to freeze Osun State accounts. The outgoing Bar president, Afam Osigwe, warned that administrative agencies lack constitutional powers to block state bank withdrawals without court orders. The anti-graft agency instructed First Bank to place a post-no-debit order on the state government…
NAICOM issued fresh operating licences to 43 recapitalised insurance companies. Regulators purged fragile operators to rebuild public trust across the financial sector. Stronger balance sheets allow local underwriters to retain large commercial risks domestically. Capital requirements now shield policyholders against defaults. Higher capital standards signal a firm regulatory shift. Weak operators no longer hold valid…
Local capital now dictates the rhythm of the Nigerian Exchange. Nigerian investors traded equities worth N17.7tn over eighteen months, seizing firm control of local trading floors. Domestic buyers accounted for N82 of every N100 traded between January 2025 and June 2026. Total equity trading reached N21.5tn during this period. Foreign traders managed only N3.8tn…
Nigerian sovereign Eurobonds extended their market recovery as international investors returned to dollar debt across emerging markets. Average yields fell to 6.95 per cent as buying interest across short and medium tenors lifted bond prices. Global markets are warming to Nigerian risk despite persistent economic uncertainties at home. Higher prices signal that global fund managers…
The Capacity Institute has published Nigeria’s inaugural Capacity Index, scoring the country 54.2 out of 100 for institutional execution. The report ranks the nation as a structurally constrained execution system. Policymakers routinely draft ambitious economic plans only to watch them stall during implementation. Weak inter-agency coordination continues to undermine state interventions across critical sectors. Execution…
Frontline medical personnel fighting the Ebola outbreak in the Democratic Republic of the Congo have gone on strike over months of unpaid salaries. Healthcare workers across eastern provinces, including the epicentre in Ituri, warn that administrative neglect threatens containment efforts. The nation is currently battling its seventeenth recorded Ebola epidemic, which has already claimed over…
The federal civil service remains an elaborate cash machine for fraudsters. The Independent Corrupt Practices and Other Related Offences Commission has uncovered nine hundred and eight suspected ghost workers across fifty government agencies. Anti-graft agents recovered nearly nine hundred and forty-two million naira in stolen salary payments. The Nigeria Police Force topped the list of…
Domestic investors dominated trading activities on the Nigerian Exchange Limited during the first half of 2026, controlling roughly 88 per cent of total market transactions. Cumulative market turnover climbed to a massive N9.6 trillion over the six-month period as local capital insulated the equities market from global volatility. Data from the exchange shows local institutional…
Nigeria’s daily petrol imports surged by 207 per cent in June, reversing months of steady progress toward domestic energy self-sufficiency. Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority reveals that daily foreign fuel receipts jumped to 18.1 million litres, up from 5.9 million litres in May. The massive influx of offshore fuel…
