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
Fresh monetary data from the Central Bank of Nigeria has put credit to the private sector at N83.3 trillion in June 2026, a 2.8 per cent rise from the N81 trillion recorded in May, offering the clearest sign yet that bank lending to businesses and households is recovering after a punishing first half of…
Nigeria’s stock market opened the week on an assertive note, adding N1.755tn in a single session as heavyweight banking, cement and insurance counters lifted the benchmark to a fresh record and stretched a rally that has now defined the equities story for most of 2026. At the close of trading on Monday, the All…
The naira era for petrol at Nigeria’s biggest refinery has come to a close. Dangote Petroleum Refinery has switched the sale of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), and Aviation Turbine Kerosene (ATK) to the United States dollar, ending the naira based system introduced barely twenty months ago and setting off fresh…
Domestic financial analysts have adjusted their economic models to project that Nigeria’s inflation rate will close the year 2026 at 16 percent. Investment banking firms and research houses simultaneously withdrew their earlier predictions for an imminent interest rate cut by monetary authorities. This collective analytical shift highlights the persistent nature of underlying inflationary pressures across…
President Bola Tinubu drew laughter at the State House on Thursday when he introduced his wife, Senator Oluremi Tinubu, as “Iya Alakara,” a light hearted nod to the controversy that has trailed the First Lady since she urged Nigerians to take up small food ventures such as frying bean cakes. The remark came during…
Nigerian fixed-income investors should prepare for a prolonged stretch of elevated interest rates, with market analysts warning that any meaningful reversal in Federal Government bond yields is unlikely before the final quarter of 2026. The caution comes from Coronation Asset Management, whose June 2026 Economic Note projected that a mix of sticky inflation, a…
The Special Adviser to President Bola Tinubu on Information and Strategy, Mr. Bayo Onanuga, has said he does not personally see the level of hunger frequently described in public discussions, defending the administration’s economic record even as official data points to deepening hardship across the country. Speaking on Arise Television on Tuesday, June 23, 2026,…
Nigeria’s headline inflation rate rose to 15.93 per cent in May 2026, the third straight monthly increase in the annual rate, as the organised private sector pinned the worsening trend on Middle East tensions, rising energy costs, insecurity and import bottlenecks. The Consumer Price Index report released by the National Bureau of Statistics on…
The Nigerian Association of Liquefied Petroleum Gas Marketers raised the alarm on Monday over a severe supply squeeze that pushed retail cooking gas prices above N1,500 per kilogramme. The commodity recently traded under N1,000 before worsening depot bottlenecks disrupted the domestic supply chain. Depot operators have hiked bulk pricing to between N25.2 million and N26.2…
Nigeria’s currency held firm against the United States Dollar in the early hours of Thursday, May 21, 2026, trading at 1,371.25 per Dollar in the Nigerian Foreign Exchange Market, the official window for formal currency trade, following the Central Bank of Nigeria’s decision to retain its benchmark interest rate unchanged. The Monetary Policy Committee…
