JamzNG Latest News, Gist, Entertainment in Nigeria

Investors at the Nigerian equity market obtained the N677 billion at the close of trade on Thursday. This follows the surge in stock prices such as Ikeja Hotel PLC, Beta Glass PLC and Legend Internet, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 117,861.13 points from 116,786.87 points recorded on the previous day. After five …

… Flame checkpoints, taxes, poor infrastructures Daud Olatunji The Nigeria governors forum has expressed deep concern for the persistent increase in food prices across the country, attributing the tendency to a proliferation of illegal places, unauthorized taxes and dilapidated transport infrastructure. This was disclosed in a press release issued at the end of the third meeting of the forum held …

The Nigerian currency, Naira, closed flatly against the US dollar in an official window on Thursday. Nigerian central bank data (CBN) shows that Naira is closed on N1.549.41/$ 1 is the same as N1.549.41/$ 1 which is traded on Wednesday. This is not an advantage or loss for local currencies against American greenback. In the black market, Naira also closed …