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
The Senate has passed the Factoring Assignment and Receivables Financing Bill, 2026, to grant small businesses access to a 50 billion dollar continental trade finance market. The upper chamber voted to concur with an earlier version passed by the House of Representatives, successfully establishing the first comprehensive legal framework for debt factoring in Nigeria. This…
The House of Representatives will vote today on a highly anticipated constitutional amendment bill to establish independent state police structures across Nigeria. Lawmakers released the final print of the sweeping Constitution Alteration Bills on Thursday morning ahead of the decisive plenary session in Abuja. Deputy Speaker Benjamin Kalu confirmed that the lower chamber chose to…
The International Monetary Fund has cautioned the Federal Government over its proposed 5 billion dollar structured financing agreement with the First Abu Dhabi Bank. Christian Ebeke, the fund’s resident representative in Nigeria, warned on Tuesday that the complex derivatives-based transaction carries severe hidden fiscal risks. Speaking during a media briefing on the 2026 Article IV…
Nigeria’s gross external reserves have climbed to a historic 17-year high of 50.12 billion dollars, recording an extraordinary 30.9 per cent expansion year-on-year. Data from the Central Bank of Nigeria shows that the current liquid buffer has reached its highest operational peak since late 2009. This massive accretion represents a substantial increase of nearly 12…
The Nigeria Labour Congress and the Trade Union Congress are considering a joint nationwide strike to protest the worsening security situation across the country. Union executives began internal discussions following a string of high-profile mass abductions targeting schools, rural communities, and urban motorists. Organised labour leaders argue that the state’s inability to protect basic lives…
The Federal Government has slashed the maximum reimbursable imprest for ministers to 700,000 naira as part of a severe fiscal tightening campaign. This cash ceiling represents a key pillar of a new regulatory strategy designed to curb institutional waste across Ministries, Departments, and Agencies. The sharp reduction appeared in the 2026 Annual General Imprest Warrant…
Nigeria’s Permanent Representative to the United Nations, Senator Jimoh Ibrahim, has secured the chairmanship of the global body’s Fifth Committee. The 193-member General Assembly elected Ibrahim to lead the influential group responsible for administration, human resources, and the budget. The appointment positions a Nigerian diplomat at the core of the financial management of the United…
The Federal Government has launched new technical and operational guidelines to accelerate the integration of solar mini-grids into existing electricity distribution networks. Developed by the Nigerian Electricity Management Services Agency, the framework establishes uniform standards for connecting decentralised renewable energy systems to the national grid. The policy aims to expand electricity access across unserved and…
President Bola Tinubu has commissioned three new warships into service to secure Nigeria’s volatile economic waters. Speaking at the International Fleet Review in Lagos, the president declared the Nigerian Navy the most formidable maritime force on the continent. The new vessels—named NNS Oloibiri, NNS Mambila, and NNS Gurara—will immediately deploy to patrol the Atlantic coast….
An indefinite nationwide strike by upstream petroleum workers has brought Nigeria’s oil and gas regulatory architecture to a halt. Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria locked the gates of the Nigerian Upstream Petroleum Regulatory Commission. The industrial action completely froze administrative and regulatory functions at the Abuja headquarters and…