JamzNG Latest News, Gist, Entertainment in Nigeria

Police investigate death of former Konga boss, Nick Imudia. The Lagos State Police Command said it has launched an investigation into the death of former Konga Chief Executive Officer, Mr. Nick Imudia. Sources at the State Criminal Investigation Department, SCID, revealed that detectives from the Homicide Branch had visited the scene of the incident and would conduct forensic analysis of …

Peace Ige unveils new single “Olorun 1930” We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy

Nigeria’s naira has experienced a dramatic reversal of fortune, plummeting to the rank of worst-performing currency globally in the first half of 2024, according to a Bloomberg report on Friday.Read more This depreciation comes after a brief period of strengthening earlier this year, highlighting the challenges facing the Nigerian economy. Apart from the naira, the Egyptian pound and the Ghanaian …

The Nigerian government has come under fire from civil society organisation BudgIT for its unorthodox approach to budgeting. This was contained in a statement issued on Friday by its communications officer, Nancy Odimegwu. BudgIT strongly condemns the proposal to simultaneously implement four national budgets in the 2024 fiscal year. President Bola Tinubu recently sought National Assembly approval for an extension …

The Naira depreciated in the parallel market to N1,520 per dollar yesterday from N1,510 per dollar on Wednesday. Similarly, the Naira depreciated to N1,510.1 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,510.1 per dollar from N1,507.83 per dollar on Wednesday, indicating a depreciation of …