LAGOS AUGUST 19TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited has denied owing international oil traders $6.8 bn. The company also refuted claims that it has not remitted funds into the federation account since January. NNPC Chief Corporate Communications Officer Olufemi Soneye responded to various allegations against the state-owned energy firm in a statement on Sunday. […]
LAGOS AUGUST 15TH (NEWSRANGERS)-Lagos lawyer and human right activist, Chief (Barr.) Malcolm Omirhobo has stated that the Ewi of Ado Ekiti, Oba Rufus Adejugbe has no constitutional right to regulate food prices or order traders in the markets not to sell their foodstuff beyond stipulated prices. Recall that Oba Rufus Adejugbe, has cancelled various traders’ […]
LAGOS AUGUST 15TH (NEWSRANGERS)-The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements, The PUNCH reports. It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the […]
LAGOS AUGUST 14TH (NEWSRANGERS)-The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the current onslaught against the menace has yielded improved growth in the nation’s crude oil production. Kyari made this appeal when he received in audience the […]
LAGOS AUGUST 13TH (NEWSRNAGERS)- The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola has revealed that the Agency have not decided to bring National Seafarers Development Program (NSDP) cadets studying at Centurion University in India to back home. Mobereola who made the disclosure at the Eko Hotels in Lagos on […]
LAGOS AUGUST 13TH (NEWSRNAGERS)-As the new harvest season unfolds, markets across Lagos and Abuja have seen a significant drop in the prices of tomatoes and peppers. At the bustling Ketu and Berger markets in Lagos, traders report that the price of a large basket of tomatoes has plummeted to between N55,000 and N60,000, a sharp […]
LAGOS AUGUST 13TH (NEWSRNAGERS)-Union Bank, one of Nigeria’s most noteworthy and trusted financial institutions, has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification. This notable achievement, which is an upgrade from the previously awarded Payment Card Industry Data Security Standard (PCIDSS) version 3.2, […]
LAGOS AUGUST 10TH (NEWSRNAGERS)-Days after hundreds of thousands of people took to the streets across Nigeria to protest against inflation and other economic hardships, clothing seller Michael Nwankwo is still counting the cost of the business he lost. At least 22 people died, according to Amnesty International, in the demonstrations that started on Thursday last […]
LAGOS AUGUST 9TH (NEWSRANGERS)-Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public offers and voluminous trading at the stock market. Current weekly […]
LAGOS AUGUST 9TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPCL) has clarified issues surrounding the reported fire at the Mobil filling station at Ikeja, Lagos on Thursday. A statement by Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye after the incident, said the explosion had nothing to do with the recently commissioned NNPC Gas Marketing […]
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