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 World Bank raised Nigeria’s 2026 economic growth forecast to 4.3 per cent on Tuesday, 6 October, projecting an expansion of 4.4 per cent annually across 2027 and 2028. The multilateral lender published the figures in its October 2026 Africa Economic Update in Washington, linking the upward revision from last year’s 4.0 per cent pace…
The Central Bank of Nigeria mopped up 12.14 trillion naira in surplus cash from commercial banking vaults across the country throughout September 2026, mounting an unrelenting liquidity withdrawal to halt runaway consumer price inflation, suppress speculative currency runs, and protect the battered domestic legal tender from another disastrous collapse. Governor Olayemi Cardoso directed this aggressive…
Foreign capital inflows into Nigeria doubled in the first five months of 2026, climbing to 16.41 billion dollars as aggressive central bank rate hikes drew overseas cash into domestic debt markets. The massive inflow represents a sharp 101.8 per cent jump over the 8.13 billion dollars recorded across the same period last year. Hot money…
Nigeria’s 36 states and the Federal Capital Territory generated N5.15 trillion in internally generated revenue in 2025, up 40.93 per cent from N3.65 trillion in 2024, according to the National Bureau of Statistics. The bureau published the figures on Thursday in its 2025 Internally Generated Revenue report, citing the Nigeria Revenue Service as its source….
Nigeria’s downstream regulator has set a firm date to end government control of domestic gas prices, targeting a fully commercial market by September 2028. The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced the timeline on Thursday, 24 September 2026, through its chief executive, Rabiu Umar, who spoke at the Gas Market Maturity Workshop…
Nearly four in five Nigerian adults now use a financial product, yet three-quarters remain financially broke. The ninth Access to Financial Services in Nigeria survey, released in Abuja by Enhancing Financial Inclusion and Advancement on Tuesday, revealed that national financial inclusion reached 79% in 2026. That figure represents roughly 94.2 million adults, while formal inclusion…
The Northern States Christian Elders Forum demanded on Thursday, 17 September 2026, that President Bola Tinubu immediately reverse the latest increase in the pump price of petrol. In a hard-hitting statement signed by its chairman, Elder Sunday Oibe, the socio-religious group warned that repeated fuel price hikes threaten to push millions of struggling families past…
Nigeria’s headline inflation rate edged down to 15.39 per cent in August 2026, marking a paper-thin decline of four basis points from 15.43 per cent in July. The National Bureau of Statistics posted the figures on Tuesday in its monthly consumer price index bulletin. The slow retreat marks the third straight monthly decline in the…
Nigeria earned 249.7 billion naira from solid mineral exports during the first six months of 2026, marking an increase of 113.53 billion naira over the previous year. Fresh trade data from the National Bureau of Statistics shows that outbound shipments expanded by over eighty per cent in value compared with the same period in 2025….
JPMorgan has readmitted Nigeria to its emerging-market debt tracking tables after an eleven-year exile. The American investment bank allocated Africa’s most populous nation a 7.4 per cent weighting in its newly minted Government Bond Index–Emerging Markets Edge. That decision covers sixteen naira-denominated federal bonds worth roughly 17.47 billion dollars. The index tracks roughly 328 billion…