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
There is something deeply troubling about the image of a local government chairman standing before commercial drivers and warning them that they could be denied access to a motor park for wearing the colours or symbols of a political party other than his own. That is the controversy now surrounding Blessing Albert Ebhodaghe, chairman…
Across commercial hubs and gated residential communities in Lagos, Abuja, Port Harcourt, and Ibadan, a quiet infrastructure divorce is underway. Commercial clusters, private housing estates, and small manufacturing firms are systematically disconnecting their primary operations from the national grid. Spurred by relentless grid collapses, steep distribution company (DisCo) tariff revisions, and the erratic delivery of…
Fresh economic disclosures on subnational finance reveal an enduring paradox of the Nigerian federation. States endowed with vast deposits of critical minerals, lithium, tantalite, gold, lead, zinc, and rare-earth elements, continue to record near-negligible figures for internally generated revenue (IGR). From the lithium-heavy corridors of Nasarawa and Kwara to the goldfields of Osun and Zamfara,…
Official statistics from the National Bureau of Statistics and the Central Bank of Nigeria present an apparent monetary achievement. Foreign exchange volatility has receded, the naira has found relative equilibrium against major trading currencies, and core inflation measures have shed several percentage points from their previous peaks. Yet across the retail markets of Dawanau in…
Nigeria’s capital market regulator, the Securities and Exchange Commission, has cleared the procedural pathway for the Dangote Petroleum Refinery to offer 4.1 billion ordinary shares at N525 each. The transaction, expected to yield gross proceeds exceeding N2.1 trillion on the Nigerian Exchange, marks the largest equity flotation in African capital market history. Order books…
A coalition of prominent Christian denominations, Islamic relief charities, and private philanthropic foundations across Nigeria raised hundreds of millions of naira to charter commercial flights and secure exit visas for hundreds of undocumented and destitute Nigerian migrants stranded across transit corridors in North Africa and the Middle East. Spurred by renewed waves of xenophobic intimidation,…
Federal authorities have ordered the closure of the First Niger Bridge for two weeks, cutting off the historic primary link between Asaba and Onitsha. The Federal Ministry of Works cited severe carriageway degradation and extensive structural vandalism, most acutely the stripping of stanchion bolts, steel truss components, and expansion joint fixtures by scrap scavengers, as…
The official launch of the public offering for Dangote Petroleum Refinery and Petrochemicals represents an unprecedented event in African financial history. Following regulatory clearance from the Securities and Exchange Commission (SEC), the industrial complex at Lekki opened subscription books for 4.1 billion ordinary shares priced at ₦525 each, aiming to raise ₦2.15 trillion from the…
The House of Representatives Committee on Public Accounts has reopened one of the most familiar battlegrounds in Nigerian public finance, summoning the Nigerian National Petroleum Company Limited (NNPCL) and 146 downstream petroleum marketing firms to account for ₦432.07 billion in unpaid regulatory obligations. The disputed liabilities, tracked in successive annual reports by the Auditor-General for…
The latest monthly oil market report from the Organisation of the Petroleum Exporting Countries (OPEC) registers a modest drop in Nigerian crude production: a loss of 5,000 barrels per day, sliding the country down to 1.50 million barrels per day. It marks the second straight month of declines, a quiet admission that the…