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’s equities market has pulled back from the record highs it set earlier in August, as investors lock in gains from one of the strongest rallies the Nigerian Exchange has recorded in years. Even after a run of losing sessions, however, the market remains far ahead of where it started the year, leaving analysts…
Nigeria’s central bank governor now oversees $52.5bn in foreign reserves. Olayemi Cardoso cites market stability and disciplined monetary policy for the swift balance sheet repair. Gross reserves grew to cover eleven months of imports. Net external reserves jumped to $40bn from a perilous $3bn baseline. Foreign currency buffers now offer real defense against external economic…
Five major Nigerian banking holding companies must raise an estimated N971.8 billion in fresh equity capital under proposed central bank rules. Investment firm Renaissance Capital Africa revealed the massive funding gap following a thorough review of the draft regulatory framework. The apex bank intends to compel parent corporations to hold extra cash to cushion their…
The Nigerian equities market extended its winning streak for a second consecutive session on Tuesday, June 23, 2026, as fresh buying interest across blue chip and mid cap counters lifted key performance indicators and reinforced an upward run that has defined 2026 trading. The benchmark All Share Index advanced 2,524.00 points, or 1.06 per cent,…
Nigerian stocks extended their upward trajectory in May as corporate earnings reports triggered a fresh wave of domestic buying. Data from the Nigerian Exchange Limited showed equity investors accumulated over N4.514 trillion in capital gains during the month. The market also staged a swift recovery from its late-May wobble. It reclaimed N431 billion in total…
The Central Bank of Nigeria (CBN) has formally announced the conclusion of its 24-month banking sector recapitalisation programme, with participating lenders raising a combined N4.65 trillion in fresh capital. Domestic investors accounted for 72.55 per cent of the total funds raised, contributing approximately N3.37 trillion, while international investors supplied the remaining 27.45 per cent,…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that Nigeria’s economy has successfully transitioned from a period of stabilisation to one of capital mobilisation. Speaking on Wednesday at the Africa Capital Forum in London, held on the sidelines of President Bola Tinubu’s state visit to the United Kingdom, Mr. Cardoso…