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 Central Bank of Nigeria is unlikely to cut its benchmark interest rate this week despite three straight months of slowing inflation, as rising crude oil and petrol prices cloud the outlook, United Capital Research has said. The firm’s assessment comes as the Monetary Policy Committee opens its two day meeting in Abuja on Monday,…
Aliko Dangote says his group intends to invest more than 10 billion dollars in Africa’s power sector over the next three to four years, and may cancel one or two planned businesses, including steel, to free up the money. The president of Dangote Industries Limited made the disclosure in an interview with Al Jazeera…
Nigeria consumes far less cement per person than most of the world, and the high price at the till is being driven largely by foreign exchange and self-generated power, HBM Nigeria has said. The company’s chief executive, Lolu Akingemi-Alada, made the point over the weekend in Lagos at the Experiencing Panterra event, where he…
\The Federal Government borrowed N1.6 trillion at its September bond auction, held against a backdrop of falling yields and a rising share of non-competitive allotments that together point to a shifting risk-return picture for fixed-income investors. The Debt Management Office offered N1 trillion across a newly issued September 2036 bond and a reopened June 2038…
Warren Buffett has stepped down as chairman of Berkshire Hathaway, bringing an orderly end to a six-decade tenure that reshaped corporate capitalism. The 96-year-old investor now assumes the title of chairman emeritus with immediate effect. His 71-year-old son, Howard Buffett, takes the chair, while chief executive Greg Abel retains operational control and authority over capital…
The Federal Government and the Central Bank of Nigeria have signed a Memorandum of Understanding to formalise how the two arms of economic management work together, in a move both sides describe as an attempt to make policy more coherent without eroding the bank’s independence. The agreement was signed in Abuja on Friday. According…
The Federal Government has begun a six week review of the tax laws that took effect at the start of the year, after businesses complained that unclear rules were disrupting corporate filings. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, announced the exercise on Thursday, 17 September 2026, while inaugurating a…
The Central Bank of Nigeria has started drafting a new policy blueprint to drag more citizens into the formal financial net. Governor Olayemi Cardoso announced the birth of the National Financial Inclusion Strategy 4.0 on Wednesday, 16 September 2026, during the launch of the Access to Financial Services Survey in Abuja. Aisha Isa-Olatinwo, who directs…
Nigeria’s biggest ever share sale has opened to a surge of demand, with the Dangote Petroleum Refinery and Petrochemicals initial public offering attracting about N1.5 trillion in commitments within the first six hours of trading, according to figures cited by market operators. The pace of subscription has already pushed Aliko Dangote, president of Dangote…
The naira strengthened in the parallel market , even as fresh official data confirmed that consumer price pressures continued to ease across the country, offering a mixed but broadly steadying picture of an economy still adjusting to more than three years of reform. In the parallel market, the currency appreciated to about N1,380 to…