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
High-capitalisation industrial equities lifted the Nigerian Exchange to a N2.01 trillion net expansion during October 2026, driving total market valuation to N165.11 trillion. The benchmark All-Share Index tracked the monthly advance, gaining 1.23 per cent to close at 254,299.49 points despite widespread price declines across broader market sectors. A late-month surge in industrial manufacturing giants…
The African Export-Import Bank and the African Petroleum Producers’ Organisation formally established the Africa Energy Bank in Abuja on 31 October 2026. Both institutions announced the bank’s operational takeoff during its inaugural general meeting, naming Egyptian financier Helmy Ghazi as pioneer president. The new lender launches with an authorised initial capital of 5 billion dollars…
Equities on the Nigerian Exchange closed the final trading session of October on a high note, pushing total market capitalisation up by ₦140.55 billion to settle at ₦165.11 trillion. Late institutional buying across industrial goods, consumer staples, and tier-one banking stocks erased early-week losses on the Lagos trading floor. The All-Share Index tracked the market…
High-growth aggressive pension funds delivered single-month investment returns exceeding 20 per cent in September, according to figures released by the National Pension Commission on 29 October 2026. PenCom Director-General Omolola Oloworaran announced the performance metrics during the launch of National Pension Week in Abuja. Equities and high-yielding money market assets drove the surge in retirement…
Dangote Petroleum Refinery closed its historic N2.15 trillion initial public offering on Tuesday after drawing subscription applications from individual and institutional investors across 120 countries. The share offer marks the largest capital-raising exercise in the 66-year history of the Nigerian Exchange, establishing a new operational benchmark for domestic capital markets. Early subscription records indicate that…
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the Federal Government has no plan to impose a tax on fuel, describing claims to the contrary as “fake news”. His denial comes as Nigerians pay about ₦1,400 for a litre of petrol and as organised labour presses the government to…
The Nigerian equities market snapped a mild losing run on Wednesday, 14 October, adding 104 billion naira in total investor capitalisation as bargain hunters bought beaten-down shares across banking, logistics, and agribusiness counters. The benchmark Nigerian Exchange All-Share Index ticked higher by 0.06 per cent to settle at 247,673.65 points at the close of trading…
Wall Street pushed the tech-heavy Nasdaq Composite to a fresh record peak of 27,360 on Monday morning, 5 October 2026, as buyers piled into America’s largest growth and computing firms. The benchmark S&P 500 climbed 0.39 per cent to 7,753, even as the Dow Jones Industrial Average slipped 66 points to 51,110 amid persistent caution…
Nigeria’s pension regulator is steering N300 bn of retirement savings into brick-and-mortar national infrastructure, betting that physical assets can outrun the country’s punishing currency depreciation. Speaking in Lagos on Sunday after a strategic meeting of the Pension Industry Leaders Council, National Pension Commission Director-General Omolola Oloworaran confirmed that fund administrators have already signed off on…
Nigerian asset managers and domestic households took absolute control of the trading floor at the Nigerian Exchange Limited during the first eight months of 2026. Local buyers accounted for 89.8 per cent of total equities trades valued at 13.2 trillion naira between January and August, according to the latest Domestic and Foreign Portfolio Participation report….