Nigerian Naira Black-Market Rate Traded At N415, Weakest In Three Years

LAGOS APRIL 1ST (NEWSRANGERS)-The Nigerian currency depreciated to its weakest level since February 2017 in the unofficial black market after the country’s central bank cut supply to dealers. The local unit traded at 415 naira per dollar according to abokiFX.com, which collates rates from street-traders in Lagos. In the official spot market, naira traded 386.51…

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Former Marseille President Pape Diouf Dies Due To Complications From Coronavirus

LAGOS APRIL 1ST (NEWSRANGERS)-Former Marseille president Pape Diouf has died at age 68 due to complications from Covid-19. Diouf had been hospitalised in his native Senegal and was placed under respiratory assistance on Saturday after his illness became serious.  The Senegal native’s relatives had hoped to transport him to France to receive further medical attention but…

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Covid-19: FG Drags Supermarkets, Pharmacies Court Over Hike In Prices Of Sanitisers

LAGOS MARCH 31ST (NEWSRANGERS)-The Federal Government has filed charges against four supermarkets and their proprietors in Abuja for alleged arbitrary hike of prices of sanitisers, handwash liquids, disinfectants, and other anti-bacterial hygiene products. Court documents made available to Channels Television by the Federal Competition and Consumer Protection Council (FCCPC) named the four supermarkets, which also…

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LASTMA Boss, Chris Olakpe, Passes On

LAGOS MARCH 31ST (NEWSRANGERS)-The Chief Executive Officer, CEO, and Chairman of the Lagos State Traffic Management Authority, LASTMA, Chris Olakpe, is dead. It was learned that Olakpe, a retired Assistant Inspector-General of Police died on Sunday, as confirmed by LASTMA’s Director of Research and Statistics, Isaac Adetimiro. He also said Olakpe did not show any…

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COVID-19: Group Canvasses For Total Lockdown Of Nigerian Seaports

By Mcanthony Onuoha LAGOS MARCH 31ST (NEWSRANGERS)-Following the exemption of the Nation”s Seaports from the lockdown order by President Muhammadu Buhari, to curb the spread of Covid-19 which has been ravaging countries of the world, a Maritime advocacy group, Maritime Integrity Initiative (MII)  has asked for total shutdown of seaports saying that it was of…

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