Archive for: August, 2024

Customs Fail To Implement Tinubu’s Order On Suspension Of Duties On Food Items-Importers

LAGOS AUGUST 6TH (NEWSRANGERS)-Despite President Bola Tinubu’s June announcement suspending import duties and tariffs on essential food items for six months, Nigerian importers claim they are still being forced to pay these fees. The presidential directive aimed to curb soaring prices of food, raw materials, and manufacturing inputs, and also covered agricultural production inputs like […]

First Bank Fires Over 100 Staff After Discovery Of  ₦40bn Fraud

LAGOS AUGUST 6TH (NEWSRANGERS)-First Bank sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly diverted ₦40 billion over two years. In details first reported by TechCabal, Adeyinka, who is still on the run, used his authorisation to approve chargebacks to accounts he […]

Russian Embassy Reacts On #Endbadgovernance Protesters Waving Russian Flags

LAGOS AUGUST 6TH (NEWSRANGERS)-The Russian Embassy in Nigeria on Monday said Russia is not involved and does not coordinate the activities of those waving its flags during the #EndBadGovernance protests in Nigeria. The #EndBadGovernance protests which began on 1 August, continued for the fifth day on Monday, with some demonstrators waving the Russian flag and […]

Int’l Press Institute Demands Investigation, Prosecution Of Security Agents Who  Fired Live Bullets At Journalists

LAGOS AUGUST 8TH (NEWSRANGERS)-The Nigerian National Committee of the International Press Institute (IPI Nigeria) has condemned in strong terms the deployment of excessive force against journalists covering the nationwide protests. On Saturday, August 3rd, 2024, several journalists covering the #EndBadGovernance protests were shot at the  Moshood Abiola Stadium in Abuja by security agents wearing hoods. The […]

NNPC Ltd: An All-Round  Asset To Nigeria

  By Olufemi Soneye LAGOS AUGUST 8TH (NEWSRANGERS)-In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out to paint the picture of NNPC Ltd that […]

151 Financial Institutions Indicate Interest In CREDICORP In Preparation For  Nigeria’s Consumer Credit Disbursements

LAGOS AUGUST 6TH (NEWSRANGERS)-As the recently established Nigeria Consumer Credit Corporation (CREDICORP) advances towards disbursement of consumer credit to Nigerians, sequel to the success on its recent Expression of Interest (EOI) campaign for financial institutions, no fewer than 151 organisations have indicated interest. The CREDICORP is a Federal Government corporation with a mandate to expand […]

Atiku’s Campaign Coordinator Remanded Over Burning Of APC Secretariat..Amnesty Reacts

LAGOS AUGUST 4TH (NEWSRNAGERS)-A magistrate court in Jigawa State has remanded Umar Danjani, and 73 others over alleged arson, at the head office of the All Progressives Congress (APC) in the state. Mr Danjani, the Jigawa youth leader of the PDP campaign council for Atiku Abubakar in the 2023 presidential election, was remanded alongside the […]

South Africa’s Rupert Deposes Dangote, Becomes Africa’s Richest Person

LAGOS AUGUST 4TH (NEWSRANGERS)-South African billionaire Johann Rupert has surpassed Nigeria’s business magnate Aliko Dangote to become Africa’s wealthiest person, as reported by Forbes Real-Time Billionaires. Forbes Real-Time Billionaires, a platform tracking daily changes in net worth among high-net-worth individuals globally, revealed that Dangote slid to the second position after experiencing a reduction in wealth […]

Tinubu Acknowledges Protesters’ Grieviances, Calls For Suspension Of Demonstration

LAGOS AUGUST 4TH (NEWSRANGERS)-Bola Tinubu has vowed not to allow individuals with selfish political agenda to destroy Nigeria under any guise. The president expressed deep concern over the nationwide hunger protests, which have resulted in the loss of life and property in various parts of the country. In a nationwide broadcast this morning, Tinubu acknowledged […]

Transfer: Arsenal Bids Napoli More Money Than PSG For Victor Osimhen

LAGOS AUGUST 4TH (NEWSRANGERS)-Arsenal are still looking to sign Victor Osimhen from Napoli this summer and have reportedly offered more money than Paris Saint-Germain. According to Italy-based Radio Radio, the Gunners are ready to pay a higher transfer fee for Osimhen compared to PSG. However, the Premier League club is offering a lower salary package […]

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