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 African Democratic Congress (ADC) has dismissed the federal government’s celebration of a 22 per cent rise in dollar GDP as a whitewash. While official data suggests the economy hit $307bn in 2025, the opposition party argues these figures offer no relief to a hungry population. National Publicity Secretary Bolaji Abdullahi noted that “people do…
The Iranian rial has plummeted to a record low of 1.81 million to the US dollar as a tightening US naval blockade cripples the nation’s economy. While the currency saw a brief, minor recovery from its intraday trough, the trajectory remains catastrophic. Just one year ago, the rial traded at roughly 811,000 per dollar. This…
The National Bureau of Statistics reports that average retail petrol prices fell by 15.6 per cent year-on-year by February 2026. Data confirms the average cost reached ₦1,051.47, down from ₦1,245.80 in February 2025. This annual decline suggests a slight cooling in the downstream oil sector since the shock of the 2023 subsidy removal. Yet, the…
Former Vice President Atiku Abubakar has launched a sharp critique of President Bola Tinubu’s economic policies, accusing the administration of presiding over what he described as “privatisation without accountability” while ordinary Nigerians endure worsening living conditions. In a statement issued Friday by his Senior Special Assistant on Public Communication, Phrank Shaibu, the African Democratic…
Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, snapping a year-long easing trend and signalling renewed pressure on household budgets across the country. The National Bureau of Statistics disclosed the figures in its Consumer Price Index report released on Wednesday. The increase marks the first time the headline inflation rate…
Consumer prices in the United States climbed sharply in March, driven by a historic surge in gasoline costs triggered by the ongoing conflict in the Middle East, according to government data released Wednesday. The US Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose 3.3 percent year-on-year in March, a…
Dangote Refinery has reversed its recent fuel price adjustment, reducing the ex-gantry price of Premium Motor Spirit by ₦75 to ₦1,200 per litre, industry sources confirmed on Wednesday. The reduction comes weeks after the facility raised petrol prices to approximately ₦1,275 per litre, citing volatility in international oil markets that had elevated supply costs….
The Nigerian Naira opened trading on Wednesday, April 8, 2026, with modest appreciation against the United States Dollar at the Nigerian Foreign Exchange Market, even as the parallel market continued to trade at a significant premium. The divergence between official and unofficial exchange rates highlights persistent structural pressures within the domestic foreign exchange ecosystem….
Global oil prices dropped sharply and stock markets rallied on Wednesday after reports emerged that the United States had transmitted a peace proposal to Iran, while Tehran announced it would allow vessels it deemed non-hostile through the Strait of Hormuz, offering the first concrete signs that nearly four weeks of conflict could be winding…
The Central Bank of Nigeria has been awarded Central Bank of the Year by London-based Central Banking magazine, following a series of monetary reforms credited with stabilising the Nigerian economy after years of macroeconomic distortions. The recognition centres on policy changes introduced under Governor Olayemi Cardoso, who assumed office in October 2023 amid mounting…
