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
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…
The National Pension Commission has warned that it will sanction Pension Fund Administrators after data recapture crawled to a dismal 17 percent. The regulator rolled out the verification programme years ago to cleanse its contributor registry and tie accounts to national identity numbers. Private pension managers have largely failed to mobilise their registered clients despite…
Nearly three-quarters of young Nigerians want to leave their home country. Deepening unemployment, tight credit access, and vanishing economic prospects drive this growing desire to migrate. Findings from the latest Nigerian Youth Pulse Survey reveal an acute sense of despair among the nation’s young population. Presented in Abuja to mark International Youth Day, the report…
Former education minister Obiageli Ezekwesili has formally backed Peter Obi for the 2027 presidential contest. She declared her support during a public policy forum, urging opposition factions to rally behind the Labour Party candidate. Ezekwesili framed Obi’s platform as the most viable path toward dismantling deeply rooted political patronage and economic misrule. The endorsement fires…
The naira stabilized near 1,362 to the US dollar on Monday morning as foreign exchange markets opened for weekly trading. Central Bank intervention helped quieten immediate panic across official and street trading windows. Yet structural dollar shortages continue to pressure local currency reserves month after month. Traders in Lagos report modest dollar liquidity following late…
Russian missile and drone strikes killed three civilians, including a child, across the Kyiv region early Saturday morning. Regional administration head Tymur Tkachenko confirmed emergency crews recorded direct hits at three separate locations in Boryspil district. The local barrage injured three other residents as debris slammed into residential areas near the capital. Explosions shook central…