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 African Continental Free Trade Area Secretariat has adopted Nigeria’s Public-Private Partnership model to drive a continent-wide 3.1 billion dollar customs modernisation programme. Trade officials announced the agreement following high-level summits in Abuja aimed at eliminating physical trade barriers across member states. The strategy replicates Nigeria’s Trade Modernisation Project, which uses private capital to overhaul…
Nigeria parted with almost a billion dollars to keep its foreign creditors satisfied within the opening two months of 2026, a fresh sign that the weight of external obligations is pressing harder on the country’s finances even as macroeconomic indicators show tentative signs of steadying. Figures drawn from the Central Bank of Nigeria’s February…
Nigeria’s trade volume with other African nations reached $9.02 billion in 2025, representing a 21% annual increase. Fresh data highlights the expanding influence of the African Continental Free Trade Area agreement on local commerce. Reduced tariff barriers have allowed local manufacturers to penetrate previously restricted regional markets. The surge helps diversify foreign earnings away from…
The Malaysian Palm Oil Council is pursuing strategic local partnerships to fill Nigeria’s expanding supply deficit. Broad industrial growth and household consumption continue to outpace domestic refinery output. Malaysian trade officials see Nigeria as a crucial hub for regional expansion. Local production remains severely constrained by a lack of capital and infrastructure. The planned alliances…
Global energy markets face immediate downward pressure after a breakthrough agreement in the Middle East. Brent crude plunged below the critical threshold of 80 dollars a barrel on Tuesday. Investors rapidly unloaded contracts following news of a diplomatic breakthrough between the United States and Iran. This sudden sell-off reflects a sharp drop in the geopolitical…
The United States government has unveiled a sweeping tariff proposal targeting imported commodities from 58 developing nations, including Nigeria and South Africa. The protectionist policy framework aims to recalibrate bilateral trade imbalances and protect domestic American manufacturing interests from foreign competition. If implemented, the levies will slap new duties on critical agricultural products, solid minerals,…
Nigeria and Liberia intend to pool their maritime resources to expand economic opportunities and train young sailors. Dayo Mobereola, the head of the Nigerian Maritime Administration and Safety Agency, hosted the Liberian Envoy, Dapo Akinosun, in Lagos to finalize the details. Both nations want to secure a larger share of the global shipping market by…
Nigeria and Türkiye have signed a memorandum of understanding to deepen bilateral cooperation in the solid minerals sector. Minister of Solid Minerals Development Dele Alake and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar finalised the agreement in Istanbul. The pact updates an inactive framework first established between the two nations in 2021. Both…
Global crude prices tumbled as traders weighed erratic diplomatic signals regarding a potential peace deal to end the US-Israel war on Iran. Brent crude fell 5 percent on Sunday to stand at $98.47 a barrel for July futures. This represents a 9 percent drop over the past month. Despite the decline, global prices remain more…
China and Nigeria have expanded their bilateral relations through a cultural exchange programme centred on traditional tea heritage. The initiative gathered diplomats, artists, and government officials at the China Cultural Centre in Abuja on Wednesday. Dubbed the 2026 Maritime Silk Road Impressions salon, the gathering used the ancient beverage to anchor talks on people-to-people diplomacy….
