LAGOS JANUARY 17TH (NEWSRANGERS)-The Oyo State Governor, Seyi Makinde, on Wednesday, said preliminary investigations by security agencies revealed that the explosion that rocked the Bodija Area of Ibadan, the state capital on Tuesday was caused by explosive devices stored by illegal miners. No fewer than 10 persons were feared killed and 15 others hospitalised following the…
LAGOS JANUARY 17TH (NEWSRANGERS)-Customs Area Controller (CAC) Tin Can Island Port, Comptroller Dera Nnadi has promised to generate a whooping One Trillion, One Hundred and Thirty billion, seven hundred and sixty eight million, fifty one thousand, eight hundred and eighty one naira (N1,130, 768,051,881.29) allocated to the Command in the year 2024. Nnadi stated that…
LAGOS JANUARY 17TH (NEWSRANGERS)-The International Monetary Fund (IMF) identifies 10 African countries with manageable debt, shedding light on their economic stability. Nigeria stands out despite domestic concerns. Tanzania (41.8% Debt-to-GDP Ratio) Tanzania takes the lead among Africa’s least indebted nations with a debt-to-GDP ratio of 41.8%. The East African nation’s relatively low ratio indicates a…
LAGOS JANUARY 17TH (NEWSRANGERS)-The Labour Party (LP) presidential candidate in the 2023 election, Peter Obi, has called on President Bola Tinubu and his vice, Kashim Shettima, to address the current insecurity in the country with immediate effect. The former Governor of Anambra State in a statement via X on Tuesday expressed deep concern over what…
LAGOS JANUARY 17TH (NEWSRANGERS)-Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion. The British energy giant pioneered Nigeria’s oil and gas business beginning in the 1930s. It has…
LAGOS JANUARY 17TH (NEWSRANGERS)-Nigeria is discussing as much as $1.5 billion of World Bank funding to help ease a severe dollar shortage that has contributed to the naira’s steep decline. “We’re hoping to get $1 billion or $1.5 billion from the World Bank” for budgetary support, Finance Minister Wale Edun said Wednesday in a Bloomberg…
LAGOS JANUARY 17TH (NEWSRANGERS)-Nigeria’s leader said Tuesday that his government will embark on “massive education” of youth as one way to tackle the increasing kidnappings for ransom now threatening the capital city along with the rest of the country’s conflict-hit north. President Bola Tinubu won last year’s election after promising to rid the West African…
LAGOS JANUARY 15TH (NEWSRANGERS)-A bandit gang, armed with sophisticated weapons including AK-47 rifles, has attacked a joint military camp at Nahuta village in Batsari Local Government Area of Katsina. A security source attached to the camp told Channels Television on Monday that the attack was carried out at about 11:30 pm on Sunday. The hoodlums…