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
European markets have spent much of the past year trailing the United States, and investors are now pinning their hopes on a potential spending surge in Germany to change the narrative in 2026. As the European Union’s largest economy, Germany’s fiscal choices are seen as pivotal—but markets want proof that promised spending will translate into…
Five self-styled herbalists operating shrines in Lagos and Osun states are set to face trial after operatives of the Economic and Financial Crimes Commission (EFCC) uncovered what the agency described as a sophisticated fraud involving fake foreign currency valued at $3.4 million and €280,000. The arrests followed intelligence reports and surveillance linking the suspects to…
The Federal Government has unveiled a new Presidential Executive Order prohibiting the exportation of wood, charcoal, and other allied forest products from Nigeria. The Minister of Environment, Alhaji Balarabe Abbas-Lawal, announced the order on Wednesday in Katsina during the 18th meeting of the National Council on Environment (NCE). He said the directive, titled “Presidential Executive…
Nigeria has continued to witness the deadliest killings, as reports suggest that armed non-state actors have killed over 200 people in recent attacks. Several illegal armed groups, ethnic militia groups, religious fundamentalists and fanatics are evidence of insecurity in Nigeria, and their atrocities have given rise to series of bombings, murder, arson, armed robbery, corruption,…
The National Bureau of Statistics has confirmed that capital imported into Nigeria surged by 97.73% in the closing quarter of 2021. The value stood out at $1.73 billion, edging out the $875.62 million recorded in the preceding quarter. The body published a report that revealed the 97,73 percent increase. However, comparison with the last quarter…
Effective today, President Buhari has lifted the 222-day-old ban on Twitter in Nigeria, maintaining that the lift was a result of Twitter’s willingness to run its activities in cooperation with the Federal Government. The President’s approval was given, following a memo written to him by the Honourable Minister of Communications and Digital Economy, Prof Isa…
The World Bank in a report released on the 11th of January, 2022 estimated a 2.5 percent economic growth in Nigeria for the year 2022, 0.1 percent higher than the projection for 2021. The report was titled ‘Global Economic Prospects’; in the report, the World Bank stated that the elevated commodity prices are anticipated to…
The total amount of foreign exchange (FX) that streamed into the Nigerian economy skyrocketed by 64% to $30.18billion in the third quarter (Q3) of 2021 compared to the $18.4billion recorded in the previous quarter. This is about the data of the statistical bulletin for Q3 2021, from the Central Bank of Nigeria (CBN). The FX…
The Minister of Finance, Budget and National Planning Zainab Ahmed stated in a public presentation on Wednesday 5th January, 2022 that there is no provision made for subsidy for the months of July to December 2022. The Federal Government in a bit to conform with the provisions in the Petroleum Industry Act, which states that…
Mohammad Barkindo, the Secretary General of Organization of Petroleum Exporting Countries (OPEC) has stated that OPEC’s forecast for crude oil demand will be 28.8million barrels per day, in 2022. Barkindo speaking at the 24th OPEC Ministerial Meeting and NON-OPEC Video conference in Vienna, Australia on Tuesday, said, OPEC demand for crude in 2021 is 27.8…
