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
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….
Nigeria formally regained its status as a Frontier Market within the FTSE Russell index universe on Monday, 21 September 2026, ending three years in the financial wilderness. The global index provider cleared the promotion after verifying that recent clearing reforms created no operational hurdles for foreign institutional investors. The move pulls Nigerian equities out of…
Nine listed companies on the Nigerian Exchange have wiped out their accounting capital and plunged into negative equity. Financial statements filed at the Customs Street exchange in Lagos on Tuesday, 15 September 2026, show debts exceeding total assets across the group. Accumulated trading deficits and currency losses have eaten away at core shareholder equity. The…
Nigeria’s equities market climbed back above the N160 trillion capitalisation mark on Monday, 7 September 2026, gaining N1.04 trillion in a single trading session as concentrated buying in petroleum stocks masked widespread selling across the broader trading floor. The benchmark All-Share Index rose 707.34 points to settle at 247,699.78 points, lifting total market capitalisation to…
Foreign portfolio investors pulled a net N266.07 billion out of the Nigerian stock exchange during the first seven months of 2026, widening capital flight by 1,073 per cent over three years. Data from Nigerian Exchange Limited shows that offshore money managers sold far more local shares than they bought between January and July. Inbound foreign…
Aliko Dangote formally executed transaction agreements on Monday, 7 September 2026, launching a digital initial public offering that lets ordinary Nigerians buy shares in his mega-refinery for just N5,250. The signing ceremony in Lagos marks the official countdown to the largest equity float in the history of the Nigerian capital market. Under the transaction terms…
Nigeria’s Securities and Exchange Commission approved the initial public offering of Dangote Petroleum Refinery and Petrochemicals on Friday, 4 September 2026, clearing the path for a historic N2.15 trillion capital raise. The corporate regulator cleared the firm to issue 4.1 billion ordinary shares at N525 each, while registering its existing pool of 120.13 billion ordinary…
Nigerian Exchange Group started corporate baseline climate assessments on Friday, 4 September 2026, pushing listed firms to document their actual carbon footprints under its N-Zero initiative. The exercise tests corporate readiness across carbon accounting, emissions risk, and transition planning. Group chief executive Temi Popoola warned company directors that global investors now attach strict green conditions…