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 United States Embassy in Abuja clarified on Monday, 31 August 2026, that its consular section continues to process diplomatic and official visas despite the suspension of routine visa interviews in the federal capital. American consular officials confirmed that qualifying state emissaries, international civil servants, and official transit delegations can still submit applications directly at…
Nigeria’s petrol market is entering a new phase of competition as rising imports challenge domestic refining capacity, with Dangote Petroleum Refinery now considering restricting supplies to major marketers that continue to import Premium Motor Spirit. The proposed restriction, which could begin this week subject to further consultations, comes after imported petrol accounted for about 43.3…
Quarterly contributions into Nigeria’s Personal Pension Plan rose 42.46 per cent to N147.16 million in the first quarter of 2026, according to the National Pension Commission. Total assets under the informal savings vehicle reached N1.36 billion by March, expanding the total national pension pot to N31.32 trillion. Yet this headline cash growth masks a massive…
Nigeria’s petrol market is showing a sharp reversal after months of declining dependence on imported fuel, with new regulatory data showing that imports accounted for 43.3 per cent of petrol receipts in July 2026, even as the country’s largest refinery had demonstrated the capacity to process more than its original design level. The latest…
Nigeria’s formal remittance inflows climbed to a record $947 million in July 2026, bringing the country within $53 million of the Central Bank of Nigeria’s monthly $1 billion target and highlighting a sharp increase in the amount of diaspora money entering through official channels. The latest figure, disclosed by the CBN, is the highest monthly…
Sustained profit-taking on the Nigerian Exchange on Wednesday cut N259.77 billion from investors’ wealth, as the All-Share Index fell 0.17 per cent to 238,682.92 points. Market capitalisation closed at N154.14 trillion, down from N154.40 trillion in the previous session. The decline extended the month-to-date loss to about 2.7 per cent, while the year-to-date return…
Nigeria’s domestic refineries turned sharply to foreign crude in July, buying 5.13 million barrels from abroad, a 151.5 per cent jump from the 2.04 million barrels imported in June, as local deliveries to the plants weakened once more. The figures, contained in the July 2026 Midstream and Downstream Statistics of the Nigerian Midstream and…
Nigeria’s foreign exchange market has recorded its busiest week of 2026, with total turnover jumping 146.12 per cent to about 5.05 billion dollars in the week ended 21 August 2026, a level that points to steadily improving dollar liquidity in the official window and growing confidence in the naira. Data from FMDQ Securities Exchange…
Nineteen petroleum concessions in Nigeria’s upstream sector carry stated expiry dates falling within 2026, according to the latest Concession Situation Report of the Nigerian Upstream Petroleum Regulatory Commission, a disclosure that places fresh attention on the regulator’s drive to reclaim idle acreage even as national output climbs towards a six year high. The report,…
The Nigerian National Petroleum Company Limited and its international partners took a major step toward developing the $21 billion Bonga Southwest/Aparo deepwater project on Monday, 24 August 2026. State oil executives met in Abuja with representatives from Shell, ExxonMobil’s Esso exploration unit, and Eni’s Agip subsidiary to sign addenda to the Oil Mining Lease 118…