Experts React To Osinbajo’s Statement On Low Artificial Exchange Rate

LAGOS OCTOBER 12TH (NEWSRANGERS)-Vice-President Yemi Osinbajo on Monday called for an official rate that is reflective of market reality. He said the current dual exchange rates allowed for arbitrage and blocked inflow/supply of dollars from investors. Osinbajo said this on Monday in Abuja at the opening of a two-day Mid-Term Ministerial Performance Review Retreat organised…

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Gunmen Kidnap Three Student Priests Of Catholic Seminarians In Kaduna

LAGOS OCTOBER 12TH (NEWSRANGERS)-Gunmen seized three student priests from a Catholic seminary in Nigeria’s northwest Kaduna state, police and school authorities said Tuesday. The assailants stormed the Christ The King Major Seminary late Monday night and opened fire at the cafeteria where five of the students were sitting after dinner, according to the Rev. Joseph…

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Dubai Police Intercept 500kg Of Cocaine Worth $136m In ‘Region’s Biggest Drugs Bust’

LAGOS OCTOBER 11TH (NEWSRANGERS)-The police in Dubai have seized 500 kilograms of pure cocaine worth more than $136 million, about N55 billion. The drugs, the largest ever seized in the region, were stashed inside a cargo container, shipped to Dubai. The seizure followed a drugs raid, in which one person of Middle-Eastern origins was arrested….

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Dokpesi Regrets Going Into Polygamy

LAGOS OCTOBER 11TH (NEWSRANGERS)-The Chairman Emeritus of DAAR Communications Plc, Raymond Dokpesi, on Saturday said one of the greatest errors of his life was going into polygamy. According to him, contrary to the impression that he entered into polygamy because of his wealth, he revealed that it was due to internal family challenges.  Dokpesi stated…

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