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The Journal

The Journal

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

Trending News
  • Home
  • News & Issues
    • News
    • Art and EntertainmentHighlighting outstanding careers in the Arts and Entertainment industry in Nigeria.
    • Food and AgricultureHighlighting outstanding careers in the Food and Agricultural Sector in Nigeria.
    • Health, Science and TechHighlighting outstanding careers in the Health sector in Nigeria.
    • Education
    • GovernanceHighlighting outstanding careers in Governing Offices in Nigeria.
    • Politics
    • Business
    • Economy
    • International AffairsDescription for Category, better for SEO purpose
    • Features
    • SportsHighlighting outstanding careers in the field of Sports in Nigeria.
  • People
    • Biography
    • Profiles and eBooksFeatured posts
    • In Memoriam
    • HERstory
  • Brands, Culture and Lifestyle
  • Contact us

 

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Nigerian banking

  • Business

After 35 Years, Jim Ovia Steps Down As Zenith Bank Chair

Daniel Otera4 months ago02 mins

  Zenith Bank has formally parted ways with its founder and group chairman, Jim Ovia, ending a remarkable three-and-a-half decade association that transformed the lender from a modest startup into one of Africa’s most profitable financial institutions. The bank disclosed the development in a corporate notice issued in Lagos on May 5, 2026, during its…

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External Reserves Hit $54.08bn in 18-Year Peak
  • Business

Banks Cut CBN Deposits as Interest Rates Ease

Ayomide Kuku4 months ago4 months ago03 mins

Nigerian lenders are pulling back from the central bank’s safety net. Banks and merchant banks slashed their deposits with the Central Bank of Nigeria (CBN) by 28 per cent in April 2026. This retreat follows a decision by the Monetary Policy Committee to cut the headline interest rate to 26.5 per cent. Total deposits dropped…

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