Embarassing: Nigeria To Resume Fuel Imports From Niger Republic

LAGOS NOVEMBER 21ST (NEWSRANGERS)-Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petroleum Resources announced on Thursday in a statement that the two countries signed a Memorandum of Understanding on Thursday for petroleum products transportation and storage. According to the statement,…

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Punishment: Nigerian Banks To Charge Customers For Failed Transactions On Direct Debits

LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Central Bank of Nigeria (CBN) instructed banks in December 2019 to start punishing customers for failed direct debit transactions caused by the customer’s failure to fund their account. According to the guide, effective as of January 1, 2020, the customer will be charged 1% of transaction amount, or N5,000, whichever is…

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Malawi Court Frees Fugitive Pastor Declared Wanted By South Africa Govt

LAGOS NOVEMBER 21ST (NEWSRANGERS)-Malawian millionaire preacher Shepherd Bushiri, wanted by South Africa on fraud charges, was Thursday ordered freed by a court in his native country following his arrest on an international warrant. A court in the capital Lilongwe instructed the unconditional release of Bushiri and his wife Mary, a day after they turned themselves…

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‘Crude Oil Discovered In Commercial Quantity In Benue Trough’

LAGOS NOVEMBER 20TH (NEWSRANGERS)-The Nigerian National Petroleum Corporation on Thursday said the volume of crude oil discovered in Benue Trough was in commercial quantity. It said Nigerian geologists were spearheading efforts in the discovery of the commodity in the trough. The corporation’s Group Managing Director, Mele Kyari, disclosed this in a statement issued in Abuja…

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Georgia, Wisconsin Recounts Likely Will Not Change Trump Election Defeat-Officials

LAGOS NOVEMBER 20TH (NEWSRANGERS)-President Donald Trump’s attempts to cling to power appeared more tenuous than ever on Wednesday as election officials in Georgia said a soon-to-be-completed recount was not likely to change President-elect Joe Biden’s victory there. Georgia is one of several states where Trump’s campaign is contesting election returns, so far without success. Election…

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