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
Nigeria’s economy expanded by 4.43 per cent year-on-year in the second quarter of 2026, marking its strongest quarterly performance in five years. Fresh Gross Domestic Product figures from the National Bureau of Statistics reveal that smaller, capital-light niches outpaced traditional heavyweight industries to drive headline momentum. Coal mining staged the sharpest reversal on the board,…
The Islamic Revolutionary Guard Corps launched retaliatory ballistic missile and drone strikes against American military facilities in Jordan and the United Arab Emirates early on Monday, 31 August 2026. The regional salvo came hours after American warplanes bombed rocket launch platforms on Iran’s southern Larak Island in the Strait of Hormuz, breaking a month-long lull…
The Nigerian naira strengthened to N1,342.04 per dollar in early trading on Friday, 28 August 2026, extending a steady multi-week recovery across the official foreign exchange window. Data from the Nigerian Foreign Exchange Market showed the local currency gaining ground from N1,343.68 recorded at the previous day’s close. Parallel market operators in Lagos and Abuja…
Terrorist networks in Nigeria are exploiting dead citizens and rural women to move illicit operational cash through the formal banking system. The Nigerian Financial Intelligence Unit revealed the illicit scheme in its latest annual report released in Abuja on Monday, 24 August 2026. Armed syndicates bypass standard Bank Verification Number linkages by procuring pre-registered SIM…
The Nigerian naira opened the trading week steady against the United States dollar on Monday, 24 August 2026, changing hands at N1,348.85 at the official Nigerian Autonomous Foreign Exchange Market. Daily trading figures published by the Central Bank of Nigeria showed the currency consolidating within a tight band after touching an intra-day peak of N1,351.50…
Iran has promised a crushing military response after Donald Trump threatened unprecedented economic warfare to collapse its government. US Treasury Secretary Scott Bessent announced that Washington will unveil the most aggressive sanctions package in modern history on Monday. Major General Ali Abdollahi warned that Iranian armed forces stand ready across land, sea, air, and cyberspace…
The Nigerian naira strengthened to 1,344.45 per US dollar on Thursday morning as foreign exchange liquidity improved across formal trading desks. Indicative pricing on the official market showed steady gains from earlier closes near the 1,350 mark. Street dealers in the parallel market sold the greenback for roughly 1,404 naira, leaving the gap between the…
The Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of its planned initial public offering in Lagos. The deal locks in 600 million dollars in funded private placement from Lilium Capital Group alongside a 400 million dollar underwriting commitment. African industrial giants rarely test public capital markets on this scale. The transaction…
The Nigerian naira opened Tuesday trading at 1,352 per greenback, maintaining its firm grip on recent gains across official windows. Parallel market dealers in Lagos quoted the dollar at 1,400 naira, keeping the currency gap at historic lows. The sustained appreciation reflects steady dollar injections and tight domestic cash management by the central bank. Commercial…
Nigeria’s capital market regulator has ordered securities brokers to freeze the assets of six individuals and three currency exchange firms tied to terrorism financing. The Securities and Exchange Commission acted on binding directives from the Nigeria Sanctions Committee under anti-terror legislation. The blacklisted operators allegedly funnelled funds to Islamic State West Africa Province cells across…