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
Aliko Dangote has renewed his long running argument that Nigeria’s wealthiest citizens are pouring money into private jets and luxury while doing too little to build the factories that create jobs, tying the criticism directly to the productive capacity he says the country needs to escape its economic difficulties. Africa’s richest man made the…
Nearly six of every ten domestic flights in Nigeria failed to depart on schedule in August 2026, according to figures published by the Nigeria Civil Aviation Authority, a reliability record that has drawn fresh scrutiny of the country’s airlines and the strained operating environment behind the delays. The NCAA’s Summary of Domestic Airline Flight…
The Nigerian Exchange opened the trading week in positive territory on Monday, 14 September 2026, adding about N160bn in value on the same day Aliko Dangote sounded the gong to launch the largest public share offer in the country’s history, an event that has dominated market attention for weeks and continues to shape how investors…
Nigerian lenders closed a net 476 branches and cash centres between 2022 and 2025, shrinking their physical footprint by 8.8 per cent in three years. Data from the Central Bank of Nigeria’s 2025 Statistical Bulletin reveals that brick-and-mortar outlets dropped from 5,410 to 4,934 nationwide. The closures accelerated sharply over the past two years, with…
Microfinance banks filed more than eight of every ten security claims registered against Nigerian borrowers in the first quarter of 2026, cementing their place as the busiest lenders in the country’s movable assets credit market, even as total filings across the financial system rose by more than half from a year earlier. Data from the…
Nigerian manufacturers entered the second quarter of 2026 carrying a massive mountain of unsold inventory valued at 1.77 trillion naira. Financial data from companies listed on the Nigerian Exchange Limited showed a 10.6 per cent climb in stockpiles compared to the 1.597 trillion naira recorded in the opening quarter of 2025. Over that same period,…
Nigeria produced 1,677,777 barrels of crude oil and condensate a day in August 2026, keeping the country within its assigned OPEC ceiling for a fourth straight month even as output remained well short of the level the Federal Government needs to fund its own budget. The figure, released on Sunday by the Nigerian Upstream…
The Nigerian Exchange closed the week ended Friday, 12 September 2026, deep in the red, with widespread selling wiping about N1.97 trillion off the value of listed equities as investors trimmed positions after months of record gains and began raising cash ahead of the Dangote Refinery public offer. The benchmark All-Share Index fell 1.60…
Africa’s largest ever share sale opens to the public on Monday, 14 September 2026, when Dangote Petroleum Refinery and Petrochemicals FZE begins accepting subscriptions for 4.1 billion ordinary shares priced at N525 each, a transaction that could raise about N2.15 trillion, or roughly 1.6 billion dollars, if fully taken up. The offer closes on 13…
The naira closed the week of 12 September 2026 at its strongest level against the United States dollar in more than two years, extending a recovery that has taken the currency from record lows in early 2024 to the firmest official rates since before the Central Bank of Nigeria floated it in June 2023….