Nduka Obaigbena Breaks Silence On General Hydrocarbons Limited,  First Bank Crisis

LAGOS JANUARY 12TH (NEWSRANGERS)-The Chairman of the Board of General Hydrocarbons Limited, Nduka Obaigbena, CON  has finally break his silence over the crisis brewing between his company and First Bank of Nigeria (FBN). Obaigbena in a statement personally signed by him and made available to NewsRangers through email  said as the owners of General Hydrocarbons…

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11 Killed, 10,000  Homes  Destroyed As Blazes Continue In Los Angeles

LAGOS JANUARY 11TH (NEWSRANGERS)-Weather forecasters in Los Angeles were expecting fast, dry winds to return towards the end of the weekend, threatening to fuel wildfires that have already destroyed 10,000 structures and killed 11 people. Urgent “red flag” alerts – meaning critical fire weather conditions – announced by the US National Weather Service (NWS) said…

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FBN  $718m Debt: Court Orders Banks To Blacklist Nduka Obaigbena From Financial Transactions

LAGOS JANUARY 11TH (NEWSRANGERS)-The Lagos Division of the Federal High Court has ordered all banks operating in Nigeria to blacklist media executive Nduka Obaigbena and members of his family over alleged debt to First Bank of Nigeria. The December 30, 2024, Mareva order also sought to prevent Mr Obaigbena from moving any assets linked to…

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Nigeria Rank 6th Among 10  African Countries With Cheapest Fuel Prices

LAGOS JANUARY 11TH (NEWSRANGERS)-Fuel prices across Africa in 2025 reflect a diverse energy environment influenced by local production, subsidies, and imports. Countries like Libya and Angola, with abundant oil reserves, maintain low fuel prices, while nations such as Ethiopia and Liberia, which depend on imports, face higher costs. As global oil prices fluctuate, these nations…

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