Years After MMM Crash, Nigerians Still Fall ‘Mugu’ To Ponzi Schemes

LAGOS FEBRUARY 14TH (NEWSRANGERS)-What was anticipated to be the best of Yuletides soon became a gloomy one in 2016, as hopes of millions of Nigerians, including celebrities’ dreams of earning returns on investments, were shattered after Mavrodi Mundial Moneybox (MMM), by far the largest Ponzi scheme ever recorded in the country, announced that it was…

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Smuggling: Ogun Border Communities Monarchs Demand Employment Quota From Customs

LAGOS FEBRUARY 8TH (NEWSRANGERS)-In a quest to stem the rising tide of smuggling activities in many of its border area’s, traditional rulers in border communities of Ogun State have asked the Nigeria Customs Service (NCS) to specifically create a quota for children of the border communities during Customs recruitment exercises in-order to generate employment for…

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IMF Insists On Fuel Subsidy Removal, Increase In VAT

LAGOS FEBRUARY 8TH (NEWSRANGERS)-The International Monetary Fund (IMF) has insisted on the removal of fuel subsidy by the Nigerian authorities. The position of the organization was contained in the Executive Board’s conclusion of the Article IV consultation with Nigeria report, which was released, yesterday. According to the Fund’s statement on the report, “Directors also urged…

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Secretary General Of National Inland Waterways Authority, Okodo Passes On

LAGOS FEBRUARY 8TH (NEWSRANGERS)-The National Inland Waterways Authority and Water Transport branch of the Maritime Workers Union of Nigeria has been thrown into mourning as the much admired and hardworking  General Secretary of this branch of the Union, Comrade Patrick Okodo  passed on to  join his ancestors. Okodo’s colleague who confirmed his death expressed  deep…

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