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 World Bank has cautioned that high fuel prices could hold back Nigeria’s progress on poverty even as the economy grows faster and inflation falls sharply in 2026. The warning is contained in the bank’s October 2026 Africa Economic Update, released on Tuesday. In the report, the World Bank raised its forecast for Nigeria’s economic…
Official statistics from the National Bureau of Statistics and the Central Bank of Nigeria present an apparent monetary achievement. Foreign exchange volatility has receded, the naira has found relative equilibrium against major trading currencies, and core inflation measures have shed several percentage points from their previous peaks. Yet across the retail markets of Dawanau in…
Federal authorities have ordered the closure of the First Niger Bridge for two weeks, cutting off the historic primary link between Asaba and Onitsha. The Federal Ministry of Works cited severe carriageway degradation and extensive structural vandalism, most acutely the stripping of stanchion bolts, steel truss components, and expansion joint fixtures by scrap scavengers, as…
Delta Commissioner Charles Aniagwu says President Tinubu’s economic reforms are improving stability but acknowledges that rising prices continue to place significant pressure on Nigerian households. Delta State Commissioner for Works and Public Information Charles Aniagwu has said President Bola Tinubu’s economic reforms are gradually stabilising Nigeria’s economy and could eventually improve purchasing power. Aniagwu acknowledged…
The Northern States Christian Elders Forum demanded on Thursday, 17 September 2026, that President Bola Tinubu immediately reverse the latest increase in the pump price of petrol. In a hard-hitting statement signed by its chairman, Elder Sunday Oibe, the socio-religious group warned that repeated fuel price hikes threaten to push millions of struggling families past…
The Central Bank of Nigeria’s plan to raise N700 billion through Treasury Bills in September has drawn fresh attention to the government’s domestic borrowing strategy, the management of liquidity in the banking system and the direction of short term interest rates in Africa’s largest economy. The auction, scheduled as part of the third quarter…
Nigeria’s energy inflation dropped to 4.37 per cent in July, marking its lowest reading in four months, according to the latest NBS Consumer Price Index Report. The moderation in energy price growth helped pull down the headline inflation figure to 15.43 per cent. Cheaper domestic fuel supplies and steady foreign exchange rates softened pump prices…
The Nigerian Exchange Limited (NGX) closed lower on Monday, extending a bearish run that has now wiped value off the local bourse for a second consecutive session, as investors continued to offload banking and insurance stocks. The All-Share Index (ASI) shed 0.07 per cent to close at 242,454.65 points, down from 242,619.20 points at…
Nigerian private sector activity rebounded to its highest level in five months. The Nigerian Economic Summit Group reported that its Business Performance Index rose to 108.6 points in July 2026. A score above 100 signals expanding commercial activity. Local firms expanded output, boosted demand, and hired fresh workers despite mounting cost pressures. Solid earnings across…
Nigeria’s economy is on track for its fastest second-quarter expansion in five years, according to early macro nowcast estimates. The projected acceleration follows a solid opening-quarter performance that expanded by nearly four per cent year-on-year. Analysts attribute the momentum to easing inflation pressures, improved foreign exchange availability, and steady private sector demand. The agonising phase…