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 N2.550 trillion that landed in the coffers of Nigeria’s three tiers of government for June carries a headline that is easy to read and a subplot that is far more consequential. The distributable sum, shared at the July meeting of the Federation Account Allocation Committee (FAAC) in Abuja, marks the highest monthly payout…
Peter Obi has returned to the argument that has defined his political brand for close to a decade, that Nigeria’s fortunes turn on the quality of the people who govern it, choosing this time a policy forum in the German capital to press the case ahead of the 2027 general election. The presidential candidate…
Nigeria’s downstream petroleum sector is bracing for renewed pressure on the foreign exchange market after Dangote Petroleum Refinery scrapped naira pricing for petrol, diesel and aviation fuel, a decision that could oblige marketers to source as much as 1.84 billion dollars every month to keep the pumps running and tie domestic fuel costs directly…
The United States dollar retreated against major currencies on Tuesday after a sharper than expected slowdown in American inflation weakened the case for a Federal Reserve interest rate increase this month, even as a fresh flare up between Washington and Tehran over the Strait of Hormuz kept crude oil prices elevated and markets…
Millions of Nigerian entrepreneurs operating outside the formal economy now have a rare opening to register their businesses at no cost, following the Federal Government’s decision to throw open applications for the free incorporation of 250,000 micro, small and medium enterprises. The scheme, driven jointly by the Small and Medium Enterprises Development Agency of…
The Nigerian naira lost more ground in the parallel market on Monday, sliding to N1,420 against the United States dollar from N1,406 recorded at the close of last week, even as the currency held its footing in the official window. The divergence has quietly reopened a gap that policymakers spent much of the first…
A sweeping retreat by Nigerian lenders has stripped N5.45 trillion in credit from eight critical sectors of the economy in the space of a single year, laying bare the cost of the Central Bank of Nigeria’s decision to force banks back to stricter prudential standards. The pullback, drawn from the CBN’s latest data on…
Nigeria parted with almost a billion dollars to keep its foreign creditors satisfied within the opening two months of 2026, a fresh sign that the weight of external obligations is pressing harder on the country’s finances even as macroeconomic indicators show tentative signs of steadying. Figures drawn from the Central Bank of Nigeria’s February…
Nigeria has emerged as one of the steadier performers in an unsettled global economy, with the International Monetary Fund choosing to leave its growth forecast for the country untouched even as it trimmed expectations for much of the world. The Fund retained Nigeria’s growth forecast at 4.1 per cent for 2026, holding firm despite…
The naira eased further against the United States dollar on Tuesday, closing weaker in both the parallel and official windows as sustained demand for foreign currency continued to test the relative calm that has defined Nigeria’s foreign exchange market for much of 2026. At the parallel market, the currency weakened to N1,405 per…