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 has failed to meet its oil production target for the ninth consecutive month. Fresh data from the upstream regulator shows the country pumped 1.49 million barrels per day in April. This falls just short of the 1.5 million barrels promised to OPEC. While the volume represents an improvement over March, it confirms a stubborn…
The Federal Government and the United Nations Development Programme begin a nationwide push on Monday to fix Nigeria’s fragmented development plans. Abubakar Momoh, the Minister of Regional Development, wants to end the era of agencies working at cross purposes. A new policy framework for 2026 to 2030 will now dictate how regional commissions spend their…
Nigeria’s commercial banking sector generated combined gross earnings of N18.2tn in the 2025 financial year, a figure that underscores the industry’s enduring revenue strength even as profitability weakened considerably across several major institutions. Audited financial statements from leading banks reveal a sector navigating a delicate tension between impressive top line growth and shrinking bottom…
Investors on the Nigerian Exchange added N26.5 trillion to their portfolios in April as the market hit a record valuation of N155.7 trillion. This surge marks a 20 per cent jump in the All-Share Index within a single month. Money is flowing back into the bourse because buyers trust the earnings power of Nigeria’s largest…
The Central Bank of Nigeria has finally begun to coax cash back into the vaults. Fresh data show that currency outside banks (COB) fell for the second month straight, hitting N5.19 trillion in February 2026. This dip follows a long, stubborn climb where Nigerians seemed to prefer under-mattress storage to savings accounts. Bankers will view…
Mounting economic pressure and widespread insecurity took centre stage at Nigeria’s 2026 Workers’ Day as Bola Tinubu formally declared both crises national emergencies, warning that they threaten jobs, productivity and long-term stability. Addressing workers at Eagle Square in Abuja through the Secretary to the Government of the Federation, George Akume, the President said the…
Nigeria’s Workers’ Day observance has reopened debate on the real value of wages, with labour leaders warning that salary increases alone cannot shield workers from deepening economic pressure without currency stability. The President of the Trade Union Congress of Nigeria, Festus Osifo, said the Federal Government must address what he described as the undervaluation…
Nigeria’s currency posted a marginal gain against the US dollar at the official window, supported by a sharp rise in foreign exchange turnover and improved liquidity conditions, according to latest market data. Figures released by the Central Bank of Nigeria show the naira appreciated by 0.09 per cent to close at N1,379.46 per dollar,…
Nigeria’s Federal Government has announced Friday, May 1, 2026, as a public holiday in observance of this year’s International Workers’ Day, reaffirming the role of workers in national development amid ongoing economic and labour policy debates. The declaration was made by the Minister of Interior, Olubunmi Tunji-Ojo, through an official statement issued on…
Nigeria’s economic ambition remains tethered to a significant failure in financial inclusion. New data reveals that 80 per cent of businesses owned by women operate entirely without access to formal credit. While women constitute over half of the population and provide 40 per cent of the nation’s agricultural labour, they remain sidelined from the institutional…
