LAGOS MARCH 21ST (NEWSRANGERS)-Some residents of Lagos State have claimed that the food items being sold at the discounted market recently launched by the state government are actually expensive in comparison to the actual market prices. Recall that Lagos State Governor, Babajide Sanwo-Olu had earlier stated that the “Ounje Eko” food markets would sell food…
LAGOS MARCH 21ST (NEWSRANGERS)-Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of their financial statements published on the website of the Nigerian Exchange Group, the listed firms incurred significant losses in the 2023 financial year,…
LAGOS MARCH 21ST (NEWSRANGERS)-Nigeria’s President Bola Tinubu will introduce a three-month ban on ministers and other government officials from going on publicly funded foreign trips. Mr Tinubu’s chief of staff said the move was prompted by the president’s “concerns about the rising cost of travel expenses” by public officials. The ban will take effect on…
LAGOS MARCH 20TH (NEWSRANGERS)-Nigeria’s securities watchdog proposed a 400% increase to registration fees for crypto firms as the country cracks down on the sector, according to a notice published Friday. The proposed amendments to the rules for crypto issuers, exchanges and custody platforms include increases to all supervision fees. Instead of a 100,000 naira ($64)…
LAGOS MARCH 18TH (NEWSRANGERS)-Over one hundred and eighty stalls at the Sokoto State Central Market were on Monday, razed down by a fire outbreak that started in the early hours of the day.. Our Correspondent gathered that the fire which started from one of the dumpsites in the market, later spread to the stalls, including…
LAGOS MARCH 18TH (NEWSRANGERS)-Lagos based human right lawyer Chief (Barr.) Malcolm Omirhobo has condemned attack and killing of sixteen military men in Okuoma community of Ughelli North LGA of Delta State. He equally chastised the military for reprisal attack which has allegedly resulted in total razing of the the Urhobo community. Presently, there is…
LAGOS MARCH 18TH (NEWSRANGERS)-At least 50 persons, some of them children from neighbouring African countries, were, yesterday, rescued from a duplex on Omola Road, in the Edemola area of Epe, Lagos. News filtered around Epe and the entire Lagos State that the rescued persons, foreigners, were kidnapped and kept in the kidnappers’ den, pending when…
LAGOS MARCH 18TH (NEWSRANGERS)-Peter Obi, the 2023 presidential candidate of the Labour Party, has condemned the Accountant-General’s Office for holding a workshop in London. Obi said Nigerians must vehemently denounce and condemn the decision, declaring that it is unacceptable and deeply troubling on multiple levels. Obi who stated this on Saturday in a statement he…