Category archives for: Business

Sterling Bank Cancels Online Bank Transfer Charges, Urges Others To Emulate

LAGOS APRIL 2ND (NEWSRANGERS)-In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the cancellation of bank transfer fees by major banks, announcing it will no longer take any money for itself for any local online transactions by its customers. The announcement made on April 1 initially […]

65% Tank Farms In Nigeria Are Non-Functional Due To Fuel Subsidy Removal

LAGOS APRIL 2ND (NEWSRNAGERS)-As the battle to control market share in the downstream sector rages on, no fewer than 70 tank farm owners have been compelled to cease operations in the past two years, leaving their facilities abandoned and idle as retailers and station owners increasingly avoid utilising their services. These dormant tank farms, representing […]

Tinubu Replaces Kyari  With Ojulari  As NNPC Boss, Appoints New Board Members

LAGOS APRIL 2ND (NEWSRANGERS)-In a sweeping reconstitution of the Nigerian National Petroleum Company Limited board, President Bola Tinubu has removed the chairman, Pius Akinyelure and the Group Chief Executive Officer, Mele Kyari. Consequently, the President appointed Bashir Ojulari as the new CEO, effective from April 2, 2025. Tinubu’s Special Adviser on Information and Strategy, Bayo […]

Fake News: Nigeria Customs Denies Report Of  CG Tenure Extension

LAGOS APRIL 2ND 9NEWSRANGERS)-The Nigeria Customs Service has described the alleged tenure extension of the Comptroller General of Customs, Adewale Adeniyi, as fake. The National Public Relations Officer of the service, Abdullahi Maiwada in a statement on Tuesday, said that the news was inaccurate and misleading. He explained that the appointments and tenure extensions of […]

NNPC-SNEPCO Donate Vehicles, Ambulance To Boost Security, Healthcare In Lagos

LAGOS MARCH 29TH (NEWSRNAGERS)-The Nigerian National Petroleum Company Ltd (NNPC) and Shell Nigeria Exploration and Production Company Ltd (SNEPCo) today donated vehicles including a specialised ambulance in support of security and health services in Lagos State. The Lagos State Security Trust Fund (LSSTF) received two vehicles while an intensive care unit ambulance was given to […]

Nigeria Customs Intercept $578,000 Undeclared Cash From South Africa At Lagos Airport

LAGOS MARCH 23RD (NEWSRANGERS)-The Nigeria Customs Service, Murtala Muhammed International Airport Command, said it intercepted a total of $578 000 falsely declared from an inbound passenger coming into Nigeria from South Africa. The Customs Area Controller in charge of the command, John Harrison announced this while addressing journalists at the command on Friday. He explained […]

US Backs FG, NNPC On Execution Of Trans-Saharan Gas Pipeline Project, Others

LAGOS MARCH 17TH (NEWSRANGERS)-The Nigeria National Petroleum Company Ltd (NNPC) and the federal government have received the backing of the United States Government to execute the Trans-Saharan Gas Pipeline Project and other major gas projects, THE WHISTLER can exclusively report. The US Energy Secretary, Chris Wright, will also visit the country before the end of […]

PoS: Bank Of The Common Man Under Threat

LAGOS MARCH 16TH (NEWSRANGERS)-THE decision of the federal government, through the Central Bank of Nigeria (CBN) to introduce the cashless policy in January, 2012, with Lagos serving as the pilot scheme, was no doubt, without the usual mixed feelings. While many Nigerians were in bed with the apex bank’s position that the policy would go […]

Cooking Gas Prices Drop As Dealers Release New Cost Of Refilling Ikg To 50kg

LAGOS MARCH 16TH (NEWSRANGERS)-The price of liquefied natural gas (LPG), also known as cooking gas, has once again been reduced, according to a market survey by Legit.ng. Nigerians have also taken to social media to share the new prices at which dealers are selling cooking gas, expressing a sigh of relief. New data showed that […]

Renaissance Africa Energy Completes 100% Acquisition Equity Holding In Shell

LAGOS MARCH 16TH (NEWSRANGERS)-Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is according to a statement on Thursday by the spokesman of Renaissance Africa Energy Holdings Tony Okonedo who said the acquisition was completed on the same day. “This follows the […]

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