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 Nigerian naira recorded a mixed performance against the United States dollar on Wednesday, May 20, 2026, closing at ₦1,373.65 per dollar at the official Nigerian Foreign Exchange Market, a marginal depreciation of 15 kobo from the previous session’s rate of ₦1,373.50, according to data published by the Central Bank of Nigeria. At the…
The Federal Government has unveiled an online mediation platform to handle rising disputes between citizens and revenue agencies without charge. Minister of Finance Taiwo Oyedele launched the digital portal, toll-free call centre, and case management system for the Office of the Tax Ombud yesterday in Abuja. The newly established agency will act as an independent…
Nearly two-thirds of Nigerians are demanding a reduction in borrowing costs ahead of the Central Bank of Nigeria’s Monetary Policy Committee meeting scheduled for May 19 and 20, 2026, according to the apex bank’s own survey data. The CBN’s April 2026 Inflation Expectations Survey Report, released by its Statistics Department under the Economic Policy…
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…
Nigerian telecommunications companies have committed 2.5 trillion naira to infrastructure upgrades to fix a worsening service crisis. This massive capital injection follows years of consumer complaints about dropped calls and vanishing data. The Nigerian Communications Commission (NCC) is driving this push to modernise a network that feels increasingly brittle under rising demand. Most of this…
The naira maintains its fragile grip on the 1,370 mark against the American dollar as trading opens this Thursday. Market data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) shows the local currency starting the day at 1370.05. This slight shift follows a week of incremental movements that suggest a cooling of the recent frantic…
Nigeria’s capital market regulator, NGX Regulation Limited, has facilitated the recovery of more than N500 million for shareholders following the resolution of multiple complaints involving market operators, according to statements from the organization. The independent regulatory arm of the Nigerian Exchange Group announced its most significant breakthrough earlier this year when it secured the…
Nigeria will not return to the ruinous era of fuel subsidies or state-mandated price controls. Finance Minister Taiwo Oyedele confirmed this stance to global investors in Paris this week. He argued that subsidies create economic distortions that the country can no longer afford. The government remains convinced that market forces are the only credible way…
Nigeria is talking and browsing more than ever despite the country’s bruising economic headwinds. Active voice subscriptions reached 179.6 million in the final quarter of 2025, an 8.9% jump from the previous year. Internet users followed a similar path, climbing to 148.2 million as digital life became a necessity rather than a choice. These figures…
Aliko Dangote’s refinery has scrapped its brief attempt to raise the price of petrol at its gates. On Wednesday, the firm reversed a N75 increase that had pushed the depot price toward N1,350 per litre. The cost for marketers has now returned to the N1,275 benchmark. This pivot follows a week of confusion that saw…