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
Global oil markets recorded sharp gains on Monday following the collapse of planned peace negotiations between the United States and Iran, prolonging an eight-week military standoff that continues to disrupt international shipping. US President Donald Trump abruptly cancelled a scheduled diplomatic mission to Pakistan over the weekend, citing a lack of substantial progress, while…
Billions of dollars in rehabilitation contracts and a decades-long search for efficiency have failed to shift former President Olusegun Obasanjo’s conviction that Nigeria’s state-owned refineries are beyond repair. As the Nigerian National Petroleum Company (NNPC) Limited pushes toward a June 2026 deadline to secure technical partners for the Port Harcourt, Warri, and Kaduna facilities,…
Nigeria’s industrial landscape is set for a significant shift as the Dangote Group begins a three-year journey to more than double the capacity of its multi-billion-dollar refinery. The President of the Dangote Group, Aliko Dangote, has announced an expansion of the facility to a production capacity of 1.4 million barrels per day (bpd), a…
The Central Bank of Nigeria (CBN) has released an exposure draft of the “Guide to Charges by Banks and Other Financial Institutions, 2026,” proposing a rise in the cost of ATM card issuance and replacement. If finalized, the fee for standard debit and credit cards will climb to ₦1,500, a 50 per cent increase from…
The Nigerian National Petroleum Company (NNPC) Limited has significantly scaled its crude supply to the Dangote Oil and Gas Company, delivering over 1.03 million metric tonnes of crude in April 2026. This volume equates to roughly 6.8 million barrels or 1.08 billion litres. Eight major cargoes handled by the NNPC trading arm facilitated this flow,…
Apple announced on Monday that John Ternus will succeed Tim Cook as Chief Executive Officer, effective September 1, 2026. Mr. Cook, who has helmed the technology giant for 15 years, will transition to the role of Executive Chairman of the Board. He will continue to serve as CEO throughout the summer to ensure a seamless…
Nigeria’s foreign exchange market opened the week on a mixed note as the naira strengthened marginally in the parallel market but weakened at the official window, highlighting persistent liquidity pressures and uneven supply dynamics. Latest figures show the naira appreciated to N1,387 per dollar in the parallel market, improving slightly from N1,389 per dollar…
The Nigerian Exchange Limited has extended its daily trading session to seven hours, effective Monday, 27 April 2026, as the bourse moves to deepen liquidity and align more closely with global market standards. Trading will now commence at 9:00am and close at 4:00pm West Africa Time, replacing the previous four-hour, thirty-minute window that ran…
The International Monetary Fund has offered a definitive endorsement of Nigeria’s freshly concluded bank recapitalisation programme, describing the policy as a timely buffer against global oil volatility and a cornerstone for the country’s projected 4.1 per cent economic expansion in 2026. During the 2026 Spring Meetings of the World Bank and the IMF in…
Airline operators have temporarily shelved plans to cease flight operations, averting a national transport crisis scheduled for 20 April. The Airline Operators of Nigeria (AON) agreed to the pause following an emergency appeal from the Minister of Aviation and Aerospace Development, Festus Keyamo. The government warned that a shutdown would cripple the economy and devastate…