ECOWAS Tightens Sanctions As Niger Junta Begs For Restoration Of Power Supply

LAGOS AUGUST 16TH (NEWSRANGERS)-President Bola Tinubu on Tuesday said the biting sanctions imposed by the Economic Community of West African States on the Niger junta would not be lifted despite the military leaders’ promise to negotiate with the regional bloc to resolve the crisis in the francophone country. Tinubu, who stated this when he received…

Read More

Drug Agent Intercepts Two Private Jets Laden With Over $5m, Gold, Arms In Zambia

LAGOS AUGUST 16TH (NEWSRANGERS)-The Drug Enforcement Commission (DEC) has confirmed seizing two private jets laden with millions of United States Dollars, gold and ammunitions at Kenneth Kaunda International Airport (KKIA). DEC Director General, Nason Banda, said over US$5million, five pistols, seven magazines, 126 round of ammunition, 602 pieces of suspected gold weighing 127.2kilogrammes and equipment…

Read More

Nigerien Group Calls For Mass Recruitment Of Volunteers To Wade Off Possible Invasion

LAGOS AUGUST 16TH (NEWSRANGERS)-Nigeriens are preparing for a possible invasion by countries in the region, three weeks after mutinous soldiers ousted the nation’s democratically elected president. Residents in the capital, Niamey, are calling for the mass recruitment of volunteers to assist the army in the face of a growing threat by the West African regional…

Read More

Nigeria Eurobonds Drop As Tinubu Halts  Petrol Price Hike

LAGOS AUGUST 16TH (NEWSRANGERS)-Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more, and blamed foreign exchange shortages on “gross mismanagement” at the central bank. Longer dated notes fell further. The 2051 maturity dropped as much as 1.7 cents on the dollar to 68.894 cents,…

Read More