Archive for: May, 2023

Subsidy: Commuters Groan As Fuel Sells For N750, Filling Stations Shut own, Drivers Hike Fare

LAGOS MAY 30TH (NEWSRANGERS)-Following President Bola Tinubu’s policy statement during his inaugural speech on Monday, on the removal of subsidy, most filling stations in Calabar have shut down while those selling have hiked the price from 210 to 750 naira per litre. Vanguard also observed that commuters who cannot afford to pay 300 naira per […]

Bola Tinubu Will Lean On Lagos Loyalists Ahead Of Difficult Era

LAGOS MAY 31ST (NEWSRANGERS)-Nigeria’s new president Bola Tinubu looks set to appoint trusted lieutenants connected to the political scene in Lagos to key posts, handing power to technocrats and officials credited with revitalizing the country’s economic powerhouse. After assuming office yesterday in the capital, Abuja, attention has turned to who Tinubu, 71, will choose to […]

Baba-Ahmed: Before Now We Were Challenging Candidate But Now We Are Challenging A Sitting President

LAGOS MAY 30TH (NEWSRANGERS)-The presidential Election petition tribunal sitting in Abuja today continued the hearing of the constitution brought by Mr Peter Obi and the Labour Party challenging the declaration of Asiwaju Bola Ahmed Tinubu as the winner of February 25th election. It would be recalled that just yesterday, the former Lagos state governor took […]

Okumagba Applauds President Tinubu’s Agenda, Says ‘Its Is Dawn Of A New Era’

LAGOS MAY 30TH (NEWSRANGERS)-Prominent leader of the All Progressives Congress (APC) in Delta State, and member of the Governing Board of the Niger Delta Development Commission (NDDC), Olorogun Bernard Okumagba has congratulated President Bola Tinubu (GCFR) and Vice President Kashim Shettima (GCON) on their momentous inauguration as the 16th President, and Vice President of the […]

Drug:Tribunal Admits US Judgment Which Allegedly Indicts Tinubu Of  $460,000 Forfeiture

LAGOS MAY 30TH (NEWSRANGERS)-The Presidential Election Petition Court, on Tuesday in Abuja admitted in evidence, a United States of America (USA) District Court judgment which reportedly indicted Asiwaju Bola Ahmed Tinubu and ordered his forfeiture of $460,000 in drug related offences. The certified true copy of the judgment was tendered by a witness, Barrister Lawrence […]

Court Sentences Osun Hotelier, Adedoyin To Death Over Murder Of OAU Student

  LAGOS MAY 30TH (NEWSRANGERS)-Osun State High Court has found the popular hotel owner, Dr Ramon Adedoyin guilty in the murder case of Timothy Adegoke, a former master’s degree student of the Obafemi Awolowo University, Ile-Ife, whose death occurred between November 5 and 7, 2021, at Hilton Honours Hotel, Ile-Ife. The Osun Chief Judge, Adepele […]

Labour Party Opens Case Against Tinubu’s Victory At Presidential Tribunal

LAGOS MAY 30TH (NEWSRANGERS)-The Labour Party (LP) has called its first witness at the Presidential Election Petitions Court (PEPC) sitting at the Court of Appeal in Abuja.  LP opened its case to challenge the 2023 presidential election results on Tuesday.  During the resumed proceedings on Tuesday, the court allocated three hours for the hearing of […]

Seun Kuti Recounts Ordeal Inside Police Panti Cell 1, Wonders Why Nigerians Hate Him

LAGOS MAY 30TH (NEWSRANGERS)– Afrobeat singer and heir of the Anikulapo family, Seun Kuti who is on tour of Europe has not forgotten about his ordeal in the hands of policemen, for slapping a very gentle police officer on the Third Mainland Bridge, Lagos. Seun Kuti, who is now relaxed said he went through hell […]

NLC Faults Tinubu’s Fuel  Subsidy Removal As MAN, NACCIMA, Others Hail Unified Forex

LAGOS MAY 30TH (NEWSRANGERS)-Reactions yesterday trailed President Bola Tinubu’s resolve to remove petrol subsidy and unify forex rates, as the Nigeria Labour Congress, NLC, said the President was merely flying a kite and would not have the courage to do it. However, the Manufacturers Association of Nigeria, MAN; the Nigerian Chamber of Commerce, Industry, Mines […]

Nigeria Eurobonds Grow After President Tinubu Announces Fuel Subsidy Removal

LAGOS MAY 30TH (NEWSRANGERS)-Nigeria’s sovereign dollar-denominated bonds rose on Tuesday after new President Bola Tinubu said at his swearing in on Monday that a costly fuel subsidy would be removed and the central bank should work towards a unified exchange rate. Eurobonds were up as much as 1.77 cents in the dollar, with the 2029 […]

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