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
Africa’s largest ever share sale opens to the public on Monday, 14 September 2026, when Dangote Petroleum Refinery and Petrochemicals FZE begins accepting subscriptions for 4.1 billion ordinary shares priced at N525 each, a transaction that could raise about N2.15 trillion, or roughly 1.6 billion dollars, if fully taken up. The offer closes on 13…
The naira closed the week of 12 September 2026 at its strongest level against the United States dollar in more than two years, extending a recovery that has taken the currency from record lows in early 2024 to the firmest official rates since before the Central Bank of Nigeria floated it in June 2023….
Dangote Petroleum Refinery has raised the price of petrol sold to its customers to N1,350 per litre, up from N1,265, with the new rate taking effect on Saturday, September 12, 2026. The increase was communicated in a circular issued late on Friday by the refinery’s Group Commercial Operations department, which also revised the coastal delivery…
The naira opened trading on Thursday, September 10, 2026, at about ₦1,322.72 to the United States dollar in the Nigerian Foreign Exchange Market, holding close to its strongest official level in two years while dealers in the unregulated parallel market continued to quote the currency considerably weaker, at roughly ₦1,380 to buy and ₦1,390 to…
Nigeria’s upstream oil and gas regulator has told investors holding flare gas sites that their awards are not permanent entitlements. Companies that cannot show real progress within a year of receiving an award risk losing it. The warning came from Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, during a…
Nigeria’s manufacturing sector is facing renewed cost pressures as diesel prices rise above ₦2,000 per litre in some markets, adding to the financial burden on companies that depend heavily on alternative power sources to keep factories operating. The increase has renewed concerns over the cost of industrial production in Africa’s largest economy, where unreliable…
The retail price of diesel climbed past N2,000 per litre across Nigerian filling stations on Tuesday, 8 September 2026, driving factory energy bills to half of total operating expenditure. Pump attendants in Lagos, Ogun, and Abuja adjusted their digital price boards to between N2,000 and N2,020 per litre. The fresh surge follows sharp upward adjustments…
The Crude Oil Refinery Owners Association of Nigeria has called for urgent intervention by President Bola Tinubu to address the structural and commercial difficulties facing domestic refiners. CORAN warned that without appropriate measures, Nigeria could continue exporting crude oil, employment opportunities and refining margins while remaining dependent on imported petroleum products. In a position paper…
Nigeria’s petrol market is witnessing a notable shift as recent industry data indicate that the estimated cost of importing Premium Motor Spirit (PMS) was higher than the supply price of petrol from the Dangote Petroleum Refinery during the period reviewed. The development has renewed discussions about the role of domestic refining in reducing Nigeria’s…
Africa is approaching a demographic turning point that could reshape the global labour market over the next three decades. By 2050, Sub-Saharan Africa is expected to add more than 620 million people to its working-age population, positioning the region as the largest source of new workers globally at a time when several advanced economies…