News Rangers

One Month After FG’s Intervention Consumers Still Buy Cooking Gas Above N1,100/kg

LAGOS JANUARY 5TH (NEWSRANGERS)-One month after the federal government promised to crash the cost of Liquefied Petroleum Gas (LPG), also known as cooking gas, households and businesses are still paying high prices for every kilogram of the commodity.  This is because the price has remained on the high side, as investigation by Daily Trust revealed…

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Islamic State Takes Responsibility For Deadly Iran Twins Explosion, Teheran Vows Revenge

LAGOS JANUARY 5TH (NEWSRANGERS)-Islamic State claimed responsibility on Thursday for two explosions in Iran that killed nearly 100 people and wounded scores at a memorial for top commander Qassem Soleimani. In a statement posted on its affiliate Telegram channels, the militant Sunni Muslim group said two IS members had detonated explosive belts in the crowd…

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Fixing Fuel Pump Price At N1,200 Will Bring Nigeria Economy To Its Kneel-Rewane

LAGOS JANUARU 5TH (NEWSRANGERS)-A prominent economist and Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has argued that it is impossible for fuel to sell at N1,200. Making this argument during an interview with Channels Television, Rewane argued that fixing the pump price of fuel at N1,200 will bring the nation’s economy to its…

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South African Billionaire Rupert Floors Floors Dangote As Africa’s Richest Man

LAGOS JANUARY 5TH (NEWSRANGERS)-According to a recent list released by Forbes Magazine, South African Business Mogul, John Rupert has dethroned Nigerian Aliko Dangote to emerge as the richest man in Africa. In the ranking, Johann Rupert & family’s wealth went from $10.7 billion to $10.3 billion to emerge as Africa’s richest man. This saw Aliko…

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EFCC Besieges Dangote Group Hqtrs Over Alleged  Illegal $3.4bn Forex Allocation

LAGOS JANUARY 5TH (NEWSRANGERS)-Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday conducted a search operation at the head office of the Dangote Group in Lagos as it widens investigations into the foreign exchange transactions during the tenure of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.  Our correspondent gathered…

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Strike: Maritime Workers To Shut Down Nigerian Ports On Tuesday

LAGOS JANUARY 5TH (NEWSRANGERS)-The Maritime Workers Union of Nigeria, MWUN, has threatened to shut the nation’s ports from Tuesday, January 9, over the alleged continued refusal of the International Oil Companies, IOCs, and Stevedoring Contractors to comply with the Stevedoring extant laws.  In a statement Wednesday night, the President-General of the union, Prince Adewale Adeyanju,…

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