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
Former Vice President Atiku Abubakar has faulted President Bola Tinubu’s comparison of Nigeria’s fuel prices with other African nations, insisting lower petrol costs do not reflect Nigerians’ economic hardship. The African Democratic Congress chieftain’s position came in a statement issued in Abuja on Saturday by his Senior Special Assistant on Public Communication, Phrank Shaibu….
Consumer prices in the United States climbed sharply in March, driven by a historic surge in gasoline costs triggered by the ongoing conflict in the Middle East, according to government data released Wednesday. The US Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose 3.3 percent year-on-year in March, a…
A late resurgence in financial services equities provided sufficient thrust to elevate the Nigerian Exchange Limited’s benchmark indicators on Thursday, with the All-Share Index advancing 576.27 points to conclude at 203,161.81 points. The 0.28 per cent expansion translated into N370bn of fresh capitalisation, pushing aggregate market value to N130.774tn. The session’s trajectory defied underlying fragility…
The Cocoa and Coffee Farmers Alliance Association of Africa has revealed that the continent captures less than 10 per cent of the estimated 120 billion global chocolate market, even though African farmers produce approximately 70 per cent of the world’s cocoa beans. The disclosure underscores persistent structural inequities in the global cocoa value chain,…
Nigerian electricity distribution companies (DisCos) collected N204.74 billion from consumers in January 2026, despite a near-collapse of the national grid. Data from the Nigerian Electricity Regulatory Commission (NERC) reveals that revenue remained high even as power supply plummeted to roughly 2,000 megawatts. This paradox was driven by a debt crisis between gas suppliers and generation…
Dangote Refinery has reversed its recent fuel price adjustment, reducing the ex-gantry price of Premium Motor Spirit by ₦75 to ₦1,200 per litre, industry sources confirmed on Wednesday. The reduction comes weeks after the facility raised petrol prices to approximately ₦1,275 per litre, citing volatility in international oil markets that had elevated supply costs….
The Nigerian Naira opened trading on Wednesday, April 8, 2026, with modest appreciation against the United States Dollar at the Nigerian Foreign Exchange Market, even as the parallel market continued to trade at a significant premium. The divergence between official and unofficial exchange rates highlights persistent structural pressures within the domestic foreign exchange ecosystem….
The Dangote refinery has emerged as a critical energy lifeline for Africa as the conflict between the United States and Iran paralyses Middle Eastern shipping. Operating at its full 650,000-barrel-per-day capacity, the Lagos-based facility recently exported 17 cargoes of petrol to nations across West, Central, and East Africa. This surge in regional trade follows the…
The National Insurance Commission (NAICOM) has raised the minimum capital for national microinsurance firms to N3 billion. This sharp increase, contained in the 2026 licensing guidelines, seeks to force financial stability upon a sector designed to serve the poor. Previous requirements for national players stood at just N600 million. Regulators now demand a five-fold increase…
Cross-border onion trade between Nigeria and Ghana has ground to a halt following a suspension announced by the National Onion Producers, Processors and Marketers Association of Nigeria, citing persistent harassment of its members and the alleged seizure of onion-laden trucks at the Kotoku Market in Accra. The National President of NOPPMAN, Isa Aliyu, announced the…
