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 economy recorded its strongest quarterly expansion in recent periods as improved activity in services, agriculture and oil production pushed real Gross Domestic Product growth to 4.43 per cent in the second quarter of 2026, although analysts warned that weaker industrial performance remains a major obstacle to broader economic recovery. The latest figures from…
The International Monetary Fund has urged African governments to overhaul statistical gathering and boost productivity. IMF directors warned that poor data transparency damages investor confidence and delays essential structural reforms. The fund highlighted Nigeria alongside regional peers as needing immediate improvements in national economic reporting. Accurate economic indicators remain vital for managing public debt and…
Nigeria’s headline inflation rate slowed to 15.91 per cent in June, marking the first drop in three months. Data from the National Bureau of Statistics showed a microscopic decrease of 0.02 percentage points from the 15.93 per cent recorded in May. Central bank officials will likely view this marginal easing as a validation of their…
Nigerian factories are carrying the heaviest fiscal burden for a cash-strapped state. The manufacturing sector contributed N404 billion in corporate and value-added taxes during the first quarter of 2026. Data from the National Bureau of Statistics show that factory owners remain the largest domestic source of non-oil state revenue. This fiscal feat comes despite a…
Foreign capital flows into Nigeria’s manufacturing sector plummeted by 50.7 per cent quarter-on-quarter to 152.27 million dollars in the first quarter of 2026. The latest Capital Importation Report from the National Bureau of Statistics reveals a severe cooling of investor appetite for domestic industrial production. This sharp drop from the 308.93 million dollars recorded in…
Nigeria’s economy sustained its slow climb out of stagnation during the first quarter of the year. Data released by the National Bureau of Statistics showed real gross domestic product expanded by 3.89 per cent year-on-year. This performance marks an improvement on the 3.13 per cent growth recorded during the same period last year. However, the…
Nigeria’s economy expanded by 3.89 per cent in real terms during the first quarter of the year, driven by a sharp rebound in agricultural output and sustained momentum in the services sector. Fresh data released on Monday by the National Bureau of Statistics shows a notable acceleration from the 3.13 per cent growth recorded during…
Nigeria is contending with extraordinary levels of insecurity, with approximately 2.2 million kidnapping incidents recorded within a single year and ransom payments estimated at N2.2 trillion, a security expert, Prof. Oyesoji Aremu, has said. Aremu, a security scholar at the University of Ibadan and Acting Vice Chancellor of Achievers University, Owo, Ondo State, made…
Nigeria’s brief season of cooling prices has come to an abrupt end. The headline inflation rate rose to 15.69% in April, up from 15.38% in March. Data from the National Bureau of Statistics shows that the modest economic gains recorded during the first quarter are rapidly melting away. This unexpected reversal shatters local hopes that…
Nigeria’s headline inflation rate edged higher in April 2026, rising to 15.69 percent from 15.38 percent recorded in March, as persistent pressure from food prices, transport fares, hospitality costs, and healthcare expenditure continued to squeeze household budgets across the country. The National Bureau of Statistics disclosed this in its Consumer Price Index report released…