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
Nigeria clinched a three-year seat on the United Nations Human Rights Council on Tuesday, 13 October, gathering 172 votes out of 181 valid ballots during a secret voting exercise at the General Assembly in New York to serve from January 2027 through December 2029. Diplomatic goodwill masks grim realities at home. Foreign ministry spokesperson Oluwafemi…
The European Union committed a fourteen million euro grant on Wednesday, 14 October, to help Nigeria plan a ninety thousand kilometre national fibre-optic backbone. Minister of Budget and Economic Planning Atiku Bagudu joined EU envoy Massimo De Luca in Abuja to seal the deal alongside the European Bank for Reconstruction and Development. Small grants buy…
Peter Obi took direct aim at President Bola Tinubu on Wednesday, 14 October, seizing on a scathing United States Department of State investment report to dismantle official claims that painful monetary reforms have made the federation a magnet for international capital. Paper stability cannot mask institutional rot. The standard-bearer of the Nigeria Democratic Congress argued…
Peter Obi, the Nigeria Democratic Congress presidential candidate, launched a scathing critique of federal economic management in Abuja on Monday, 12 October, identifying fuel subsidy removal, currency floating, and aggressive tax measures as the three structural engines driving nationwide misery. The opposition leader dismissed President Bola Tinubu’s emergency thirty-day petrol discount as an empty political…
Brent crude futures climbed two per cent to 106.80 dollars per barrel on Monday, 12 October, threatening to wipe out the federal government’s 30-day petrol price discount within days of its rollout. Escalating drone raids and naval clashes across the Middle East triggered fresh fears of supply bottlenecks through the Strait of Hormuz, pushing international…
The Nigerian currency opened trading in a narrow band on Monday, 12 October, fetching approximately 1,332.49 naira to the United States dollar on the official Nigerian Foreign Exchange Market. Street dealers across the parallel market quoted the greenback between 1,370 naira for buyers and 1,380 naira for sellers, maintaining a modest premium over formal banking…
International Monetary Fund managing director Kristalina Georgieva and World Bank president Ajay Banga warned finance ministers in Bangkok on Monday, 12 October, that artificial intelligence will deepen the unemployment emergency across Nigeria and other developing nations unless governments build basic physical infrastructure and retrain their workforces. Cheap software easily replaces human workers. Speaking at their…
Former vice-president Atiku Abubakar took aim at the Federal Government on Friday, 9 October, dismissing President Bola Tinubu’s temporary thirty-day petrol discount as an insincere political stunt designed to hoodwink voters before the 2027 general election. Speaking in Abuja during the inauguration of the African Democratic Congress presidential campaign council, Mr Abubakar demanded to know…
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the petrol discount announced for Nigerian National Petroleum Company (NNPC) Retail stations does not amount to a return of fuel subsidy. Oyedele explained in a statement on Friday that NNPC Retail would fund the discount by reducing its profit margin rather…
The World Bank declared on Thursday, 8 October 2026, that the Nigerian naira weathered regional foreign exchange turmoil far better than several continental peers during the second quarter, limiting its maximum depreciation to just 2.6 per cent while punishing sell-offs battered currencies across the African continent. Currency markets across twenty-two sub-Saharan nations outside the CFA…