Archive for: March, 2018

Tambuwal Raises Alarm Over Bank High Interest Rate

LAGOS MARCH 9TH (NEWSRANGERS)-Sokoto State Governor Aminu Tambuwal has raised the alarm over banks high interest, saying the prevailing interest rate charged by banks is hurting small businesses in the country and should be reviewed downwards to enhance growth and economic stability. Speaking in Sokoto when he received the Managing Director of the United Bank […]

Nigeria’s Commendable Economic Indices Are failing To Lift Many Out Of Poverty

LAGOS MARCH 9TH (NEWSRANGERS)-The annual visit of the International Monetary Fund (IMF) staff to Nigeria to collect economic and financial information and discuss with government officials on the economy and policy direction of the country ended earlier this week. After a year of recovery from recession, the macroeconomic growth of the country is looking up […]

How Fire Outbreak Forces Accra Bound Arik Flight To Make Emergency Landing

LAGOS MARCH 9TH (NEWSRANGERS)-An Accra bound Arik Air Flight W3304 from Lagos Tuesday day night was alleged to have caught fire 35 minutes after take-off from the Murtala Muhammed International Airport (MMIA), Lagos. The 55 minutes flight was operated by a Bombardier Q400 (Dash 8) aircraft and took off at about 7:20 p.m. Nigerian time. […]

Audu Ogbeh Goofed Over Claim Of Collapsed Seven Rice Mills In Thailand- Ambassador

LAGOS MARCH 7TH (NEWSRANGERS)-Wattana Kunwongse, Thailand’s ambassador to Nigeria, has faulted a claim reportedly made by the Minister of Agriculture, Audu Ogbeh, that Thailand accused Nigeria of being responsible for the collapse of its seven rice mills following the drastic fall in rice importation from the country. The ambassador, in a letter sent to PremiumTimes […]

People Rendered Homeless As Violent Storm Destroys Schools, Churches, Houses In Bayelsa

By Amos Okioma Hundreds of residents in Kilama, Tein,Tambiri,Egbebiri communities within Biseni in Yenagoa Local Government Area of Bayelsa have been rendered homeless following a violent rainstorm. The whirlwind that accompanied the storm blew away the roofs of over 70 houses, five churches and three schools and destroyed over electric poles, disrupting power supply to […]

Why Saudis Billionaires Disappear From Forbes List This Year

LAGOS MARCH 7TH (NEWSRANGERS)-Saudi Arabia was home to 10 billionaires last year, according to Forbes. This year, it has none. Forbes said it was unable to assess the wealth of the oil kingdom’s richest men after a corruption probe late last year that left many of them detained for months in a 5-star hotel. Some […]

Philippines President Orders Bulldozer To Crush Corrupt Persons’ Vehicles

LAGOS MARCH 7TH (NEWSRANGERS)-Philippines President, Rodrigo Duterte, has ordered the crushing of dozens of sports cars and other luxury vehicles worth nearly $1.2m. Citizens have applauded his decision, describing Duterte as a leader who backs his war against corruption with actions. The vehicles destroyed by bulldozers belonged to corrupt individuals as well as those that […]

Philippines President Orders Bulldozer To Crush Corrupt Persons’ Vehicles

LAGOS MARCH 7TH (NEWSRANGERS)-Philippines President, Rodrigo Duterte, has ordered the crushing of dozens of sports cars and other luxury vehicles worth nearly $1.2m. Citizens have applauded his decision, describing Duterte as a leader who backs his war against corruption with actions. The vehicles destroyed by bulldozers belonged to corrupt individuals as well as those that […]

JUST IN: Court Grants Bail To Lady Who Allegedly Killed Son O Former PDP Chairman

LAGOS MARCH 7TH (NEWSRANGERS)-The Federal High Court in Abuja on Wednesday, granted bail to Maryam Sanda, the woman who allegedly killed her husband, Bilyamin Bello. Maryam, who is the daughter of Maimuna Aliyu, a former Aso Savings Bank executive, was arraigned by the police for allegedly killing the son of a former PDP Chairman, Mohammed […]

Obi Advises African Leaders To Emulate China In Resolving Economic Problems

LAGOS MARCH 7TH (NEWSRANGERS)-African governments have been advised to look in the direction of China in their search for solutions to the continent’s economic problems. Former Governor of Anambra State Mr. Peter Obi, gave the advice while delivering a keynote speech at the three-day 2018 African SME Roundtable Forum concluded on Saturday in Yenagoa, the […]

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