LAGOS FEBRUARY 16TH (NEWSRANGERS)-Nigerian inflation unexpectedly quickened at the fastest pace in almost two decades, adding to pressure on businesses and consumers before next week’s presidential election. The inflation rate rose to 21.8% in January from 21.3% a month earlier and was the highest since September 2005, according to data published on the National Bureau…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-A combined team of officials of the Central Bank of Nigeria, CBN, the Independence Corrupt Practices and other related offenses Commission, ICPC, and the Economic and Financial Crimes Commission, EFCC, have arrested four Point Of Sale, POS, operators in Makurdi for extorting their customers. The team, led by the CBN Director of…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-The supreme court has adjourned the hearing of the case brought against the Central Bank of Nigeria (CBN) on the naira redesign policy to Wednesday, February 22. The supreme court said its order suspending the implementation of the February 10 deadline on the old naira notes still subsists. Ruling on an ex…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Belgian goalkeeper Arne Espeel collapsed on the field and died after saving a penalty kick, according to reports. The 25-year-old was playing for Sint-Eloois-Winkel Sport’s B team in a second provincial division match against Westrozebeke on Saturday evening, according to Belgian newspaper Het Nieuwsblad. “Home goalkeeper Arne Espeel stopped Mohammed El Baghdadi’s…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-China said Wednesday it will take measures against U.S. entities related to the downing of a suspected Chinese spy balloon off the American East Coast. At a daily briefing, Foreign Ministry spokesperson Wang Wenbin gave no details and did not identify the targets of the measures. China says the balloon was a…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-The NEO AFRICANA CENTRE (NAC) says it has noted with grave concern and trepidation the incipient culture of character assassination and blackmail that has crept into the presidential campaigns as the February 25 presidential election approaches. NAC said this trend and tendency portend a grave danger to a sane and civilized democratic…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Petroleum marketers have called for the arrest of the Comptroller-General of the Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), for flouting a judgement of the Federal High Court (FHC), Abeokuta, Ogun State, over arrest and auctioning of 24 petrol-laden tanker trucks as scraps. LEADERSHIP reports that Justice Shittu Abubakar of the…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Operatives of the Ogun State Police Command have arrested two persons who bought the stolen vehicle belonging to ex-Central Bank of Nigeria (CBN) staff, Mr Kehinde Fatinoye, and his wife, Bukola Fatinoye. The couple, and their only child, Oreoluwa, were murdered by three people, including the family driver, Lekan Adekanbi, who is…