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 external reserves crossed the $54 billion threshold to reach $54.08 billion on 3 September 2026, marking an eighteen-year high for the national treasury. Fresh balance-sheet data published by the Central Bank of Nigeria shows a gain of $12.58 billion over the past twelve months, reflecting a 30.3 per cent year-on-year surge from $41.50 billion…
The Nigerian naira sustained its steady multi-week consolidation on Monday, 31 August 2026, holding near N1,337 per US dollar at the official foreign exchange window. Early indicative electronic quotes hovered around N1,346.78 before wholesale banking desks resumed regular session trading. Parallel market operators in Lagos and Abuja traded dollars at N1,400, reflecting a N7 gain…
Nigeria drew $947 million in formal diaspora remittances in July 2026, bringing the country within striking distance of its $1 billion monthly goal. The Central Bank of Nigeria confirmed that inflows through licensed money operators climbed to $3.8 billion during the first seven months of the year. That total marks a 50.2 per cent jump…
The Nigerian naira strengthened to N1,342.04 per dollar in early trading on Friday, 28 August 2026, extending a steady multi-week recovery across the official foreign exchange window. Data from the Nigerian Foreign Exchange Market showed the local currency gaining ground from N1,343.68 recorded at the previous day’s close. Parallel market operators in Lagos and Abuja…
Nigeria’s gross external reserves climbed to a major high of $51 billion, expanding the state’s financial firepower to defend the local currency. Data published by the Central Bank of Nigeria shows a massive $13.3 billion accretion over the past 12 months. This substantial fiscal cushion marks a complete turnaround from the severe depletion recorded during…