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 Central Bank of Nigeria has rolled out strict new rules for retail currency dealers. A fresh circular caps weekly foreign exchange purchases for bureau de change operators at $150,000. Regulators want to curb speculation and bring order to a volatile parallel market. The policy bans dealers from using third-party accounts to access these funds….
Nigeria’s headline inflation rate slowed to 15.91 per cent in June, marking the first drop in three months. Data from the National Bureau of Statistics showed a microscopic decrease of 0.02 percentage points from the 15.93 per cent recorded in May. Central bank officials will likely view this marginal easing as a validation of their…
Nigeria is dismantling its fragmented emergency response systems in favour of a single communications framework. The federal government has resolved to roll out 112 as the sole national emergency telephone number across all tiers of government. Vice President Kashim Shettima finalized the operational roadmap during a high-level briefing with the Nigerian Communications Commission at the…
The Nigerian armed forces have recorded a significant surge in the number of surrendering Islamic extremists across the troubled North-East region. High-ranking commanders and combatants from rival insurgent factions have increasingly abandoned their forest strongholds to surrender to frontline military units. State officials credit sustained battlefield pressure and targeted air interdictions for forcing these massive…
The NNPC Limited has remitted N19.5 trillion to the Federation Account over fourteen months following a series of structural operational overhauls. Bayo Ojulari, the group chief executive officer, announced the figures during an energy conference in Abuja. The state-backed energy firm also clawed back $3.4 billion in expenses through aggressive contract restructuring and procurement adjustments….
Nigeria has returned to the rank of Africa’s top five foreign direct investment destinations following a sharp recovery in long-term capital inflows. The latest World Investment Report by the United Nations Conference on Trade and Development reveals that direct inflows more than doubled to $4.01 billion. This represents a 148 percent surge from the $1.61…
The Economic and Financial Crimes Commission has secured the conviction of ten individuals for currency abuse in the South-South region. A federal court found the defendants guilty of violating laws that protect the national currency from defacement. This swift judicial outcome underscores a widening state campaign against practices that long defined Nigerian social gatherings. Enforcement…
The federal government has completed the emergency evacuation of 801 Nigerian nationals from South Africa following an escalation in local anti-immigrant hostility. The final batch of 268 returnees landed at the Murtala Muhammed International Airport in Lagos aboard a chartered wide-body aircraft. Coordinated by the Ministry of Foreign Affairs, the emergency repatriation operation relied on…
The federal government has called for an aggressive influx of development finance and private capital to achieve its ambitious $1 trillion economic target. Vice-President Kashim Shettima made the appeal during a high-level financial summit in Abuja on Thursday. The administration argues that public revenue alone cannot fund the massive infrastructure deficit blocking national growth. Officials…
Nine political parties have collected their official web access codes from the Independent National Electoral Commission. The All Progressives Congress, the African Democratic Congress, and the Labour Party lead the first batch of collectors. These codes grant access to the dedicated online candidate nomination portal. The development marks the official commencement of the electronic phase…