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 premier fast-moving consumer goods manufacturers and industrial conglomerates have made an aggressive retreat from commercial banking halls, turning instead to domestic debt markets on the Nigerian Exchange (NGX) and FMDQ Securities Exchange. As a result of maximum lending rates exceeding 30 percent due to relentless monetary policy tightening by the Central Bank of Nigeria…
Nigeria’s foreign exchange market has recorded its busiest week of 2026, with total turnover jumping 146.12 per cent to about 5.05 billion dollars in the week ended 21 August 2026, a level that points to steadily improving dollar liquidity in the official window and growing confidence in the naira. Data from FMDQ Securities Exchange…
The Nigerian naira held steady against the United States dollar at the start of June’s trading cycle. In the official foreign exchange window, the domestic currency exchanged at an average rate of 1,371 naira per dollar. Data from the FMDQ Securities Exchange tracked early morning transactions oscillating tightly between 1,370 and 1,372 naira. This relative…
The Nigerian Naira began the final week of April with muted optimism, trading at 1,352.25 per US Dollar in the official market. This marginal gain signals a brief reprieve from last week’s volatility, where rates swung between 1,350 and 1,356. Institutional investors remain cautious, balancing macroeconomic signals against persistent liquidity constraints. The Central Bank continues…
The Nigerian Naira recorded a modest depreciation against the United States Dollar in the early hours of Thursday, 23 April 2026, as sustained demand for the greenback continued to test currency stability across both the official and alternative foreign exchange segments. Real-time data published by the FMDQ Securities Exchange showed that the Naira opened…