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 Presidency has backed a decision by the Nigerian National Petroleum Company Limited to forgo its petrol retail profit margin and sell at cost for 30 days, in an intervention aimed at cushioning the impact of global crude oil price shocks on households, but which has already drawn sharp questions from labour and opposition figures…
The Nigeria Democratic Congress has rejected the Federal Government’s decision to offer a 30-day discount on petrol sold through NNPC Limited retail outlets, describing the measure as tokenism and questioning whether the limited number of designated stations can serve a population of more than 200 million Nigerians. The party’s National Publicity Secretary, Osa Director, said…
The Social Democratic Party presidential candidate, Prince Adewole Adebayo, has dismissed the Federal Government’s 30-day petrol discount as a chaotic and legally hollow intervention, comparing the announcement to the 1990s television comedy series Fuji House of Commotion and questioning whether it amounts to any coherent policy at all. Speaking on Channels Television’s Politics Today on…
The Manufacturers Association of Nigeria warned on Thursday, 8 October 2026, that the nation’s industrial engine faces imminent collapse despite cheerful headline output figures from official statistical bureaus in Abuja. Association director-general Segun Ajayi-Kadir cautioned that nominal national economic expansion of 4.43 per cent merely masks a catastrophic decline across real factories, where industrial sector…
The Nigerian National Petroleum Company Limited spent about N27.76 trillion running its business in 2025, a sum equal to roughly 80 per cent of the N34.52 trillion revenue the group reported for the year. The figure, drawn from the company’s 2025 audited financial statements, has put fresh attention on the cost structure of Nigeria’s…
Nigeria has expanded its financial safety net to shield ninety-eight per cent of bank depositors from catastrophic bank collapses, Nigeria Deposit Insurance Corporation Managing Director Thompson Oludare Sunday announced in Abuja on Thursday, 1 October 2026. The corporation raised its maximum insurance cover tenfold from 500,000 naira to five million naira for commercial bank customers…
Nigeria’s net usable external reserves had fallen to about 859 million dollars by the second quarter of 2023, the Central Bank of Nigeria has disclosed, describing it as a low point without precedent in the bank’s records and less than a month’s cover for the country’s import bill. The figure was given by the…
State oil firm NNPC Limited reported a net profit of 7.2 trillion naira on Wednesday, 30 September 2026, marking a 33 per cent jump above the 5.4 trillion naira recorded in the previous financial year. Company executives presented the audited ledger to shareholders during their annual general meeting in Abuja, crediting disciplined cost control and…
Egypt will gather more than 20 heads of state and government representatives at the inaugural Alamein Africa Forum, a business summit Cairo is using to reassert itself on a continent where China and the Gulf states have moved to the front. The organisers say the forum runs from 2 to 4 October in New…
The Airline Operators of Nigeria has warned that its member airlines will jointly ground all domestic flights if aviation unions repeat the kind of disruption that halted operations at the Lagos and Abuja airports on 11 August. The warning came in a communiqué issued after the association’s general meeting at the Transcorp Hilton in Abuja….