News Rangers

Contractor Mistakenly Transferred N1bn To Nigeria Correctional Service Account

LAGOS JUNE 9TH (NEWSRANGERS)-The House of Representatives Committee on Finance, yesterday, heard of how a contractor, whose name was not disclosed, erroneously transferred N1 billion to the account of the Nigerian Correctional Service (NCS) An Assistant Controller General (ACG) in the organisation, Ahmed Magaji, made the disclosure when he appeared before the panel to explain…

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Nigeria To Borrow $1.76bn For Additional Security Spending – Finance Minister

LAGOS JUNE 9TH (NEWSRANGERS)-Nigeria plans to borrow 722.53 billion naira ($1.76 billion) from capital markets for additional security spending, Finance Minister Zainab Ahmed said on Wednesday. As part of Nigeria’s security spending, the World Bank also agreed to allow the government to restructure existing loans of 39.58 billion naira to supplement the funds, she told…

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El Salvador Breaks Record As The first Country To Approve Bitcoin As Legal Currency

LAGOS JUNE 9TH (NEWSRANGERS)-El Salvador’s President Nayib Bukele has made good on his promise to adopt Bitcoin as legal tender.  Officials in the Central American country’s congress voted to accept the cryptocurrency by a majority of 62 out of 84 votes, reports CNBC. In a worldwide first, El Salvador will accept Bitcoin as legal tender…

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MAJAN Hails NIMASA DG Tackling Of Insecurity By Deployment Of Assets Of Deep Blue Project

LAGOS JUNE 9TH (NEWSRANGERS)-Maritime  journalists under the aegis of Maritime Journalists Association of Nigeria (MAJAN) has commended the current efforts of the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA),  Dr Bashir Jamoh milestone achievement for the  development of  strategy to confront the hydra-headed problem of maritime insecurity,  with the deployment of the…

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Trump Hails Nigeria For Twitter Ban, Urges More Countries Follow Suit

LAGOS JUNE 9TH (NEWSRANGERS)-Today, former President Donald Trump issued a statement supporting the Nigerian government’s decision to suspend Twitter activities in the West African country. “Congratulations to the country of Nigeria, who just banned Twitter because they banned their President,” he said in the statement. The ex-President also encouraged other countries to follow in Nigeria’s…

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