LAGOS MAY 1ST (NEWSRANGERS)-A recent report by Statisense has ranked the Nigerian Naira and the Argentine Peso among the top 15 weakest currencies against the U.S. dollar, highlighting ongoing economic challenges in both nations. Naija News reports that this revelation follows a considerable depreciation in the value of the Naira. The currency hit a record…
LAGOS MAY 1ST (NEWSRANGERS)-The police in the Federal Capital Territory (FCT), Abuja, have arrested an Assistant Superintendent of Police, identified only as Kulu, alongside her accomplice, one Elizabeth, for allegedly abducting five children. The children abducted includes a less than two-week-old-baby girl from Sokoto State, three toddlers under the age of two, and a five-year-old…
LAGOS MAY 1ST (NEWSRANGERS)-A Taiwanese investor in Nigeria, Ivy Hung, has appealed to President Bola Tinubu to intervene in the recovery of an alleged $1.1m fraud suffered by her company, Polleen Corporation. Ivy Hung lamented that all attempts to bring the fraudster to justice over the $1,164,646 fraud has proved abortive, alleging complicity on the…
LAGOS MAY 1ST (NEWSRANGERS)-International students enrich Canada’s social, cultural and economic fabric. That is why, in recent months, Immigration, Refugees and Citizenship Canada has introduced reforms to the International Student Program, to ensure system integrity while protecting students from fraud and financial vulnerability. The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship, announced today…
LAGOS MAY 1ST (NEWSRANGERS)-Travellers and commuters nationwide were stranded at bus stops and motor parks yesterday as the petrol scarcity in the country bites harder. This came as the Nigerian National Petroleum Company Limited, NNPC Ltd, and oil marketers said they were intensifying efforts to tackle the scarcity. Many filling stations without the product remained…
LAGOS APRIL 30TH (NEWSRANGERS)-This year’s edition of the annual traditional ‘Oro’ festival, usually held in Ikorodu, Lagos State, has been scheduled for May 16, 2024, daytime and nighttime. This was disclosed in a letter issued by the Ayangburen Palace and signed by the Ayangburen of Ikorodu, Oba Kabiru Shotobi; a copy of which was sighted…
LAGOS APRIL 30TH (NEWSRANGERS)-A Competition and Consumer Protection Tribunal sitting in Abuja, on Monday, issued a restraining order on Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services. Multi-choice had last week announced a price increment across its DStv and GOtv packages effective May 1, 2024. The pay-TV company claimed the…
LAGOS APRIL 30TH (NEWSRANGERS)-Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank of Nigeria. The directive came two days after the EFCC blocked 1,146 bank accounts involved in unauthorised forex dealings. “We’ve temporarily paused new signups on our platform. This means that you’ll…
