LAGOS MARCH 19TH (NEWSRANGERS)-Telecommunications services providers under the aegis of the Association of Licensed Telecoms Operators of Nigeria have said a tariff review for telco services may happen if the rise in the price of diesel is sustained. The Chairman, ALTON, Gbenga Adebayo, disclosed this to our correspondent in an interview. According to him, the…
LAGOS MARCH 7TH (NEWSRANGERS)-Stakeholders were unanimous in support for the Merchant Shipping Act, Repeal and Enactment Bill 2021 during the public hearing yesterday, Wednesday 6th March, 2023 at the National Assembly complex Abuja. The Chairman House Committee on the Nigerian Navy Honorable Yusuf Gagdi has commended the Management of the Nigerian Maritime Administration and…
LAGOS MARCH 16TH (NEWSRANGERS)-Authorities in the U.S. state of Georgia have dissolved Springfield Aviation Company LLC allegedly used for bank fraud and money laundering by the CEO and Chairman of Air Peace, Allen Onyema. The company, incorporated and based in Georgia State, is said to have been deficient in filing its annual registration, after the…
LAGOS MARCH 14TH (NEWSRANGERS)-Oil prices extended last week’s decline to fall by about $4 a barrel during early trade on Monday after a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine. Brent crude futures was last down by $4.12 or 3.6% at $108.55 a barrel at…
LAGOS MARCH 10TH (NEWSRANGERS)-Oil prices have plunged after the United Arab Emirates said it supported increasing production. Brent crude, an international benchmark, fell more than 17% at one point after the statement by the UAE, a member of the powerful oil cartel Opec. The fall follows weeks of skyrocketing oil prices due to supply disruptions…
LAGOS MARCH 9TH (NEWSRANGERS)-The Federal Government through the Nigeria Customs Service on Monday announced a 31-day suspension of the controversial electronic valuation system for imported vehicles, also known as Vehicle Identification Number valuation. The announcement came over two weeks after clearing agent associations at Lagos ports embarked on an indefinite strike over what they described…
LAGOS MARCH 9TH (NEWSRANGERS)-Freight forwarders have appealed to the Federal Government to grant a statutory waiver of rent and demurrage accumulated as a result of the protest by Licensed Customs Agents (LCA) on the implementation of the Vehicle Identification Number (VIN) valuation on imported vehicles. This is just as the Nigeria Customs Service (NCS) has…
By Oghenekevwe Laba LAGOS MARCH 7TH (NEWSRANGERS)-In his valedictory speech, the immediate past Director General Of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, while handling over to the incumbent DG of NIMASA, Dr Bashir Jamoh said having ended his tenure, he could not wish for a better person to take over from…