LAGOS AUGUST 12TH (NEWSRANGERS)-Nigeria’s President Muhammadu Buhari has withheld his initial approval of Exxon Mobil’s sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent. Buhari on Monday consented to the $1.28 billion transaction, only for the Nigerian Upstream Petroleum Regulatory Commission…
LAGOS AUGUST 10TH (NEWSRANGERS)-TikTok is a video-sharing platform that allows users to upload short videos and share them with their followers. As of January 2022, TikTok had over 1 billion active users, placing it in the sixth position among the most-used social media platforms worldwide. If you’ve been asking yourself, “How can I make money…
LAGOS AUGUST 9TH (NEWSRANGERS)-Nigerian President Muhammadu Buhari has granted consent to the acquisition of Exxon Mobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. Buhari, who doubles as oil minister, granted ministerial approval to the deal, the presidency said in a statement on Monday. Exxon and Seplat are expected to…
LAGOS AUGUST 7TH (NEWSRANGERS)-Akwa Ibom State Government-owned airline, Ibom Air, had an emergency evacuation of passengers at the tarmac of the Murtala Muhammed International Airport, MMIA, Lagos. It was gathered that the aircraft with number IAN 4157 and 128 passengers, departed Abuja for Lagos at 10.30a.m. It landed at the international runway in Lagos on…
LAGOS AUGUST 2ND (NEWSRANGERS)-Dubai’s Emirates plans to reduce flights to Nigeria this month due to troubles repatriating revenue from Africa’s most populous nation, according to a letter sent to the government and seen by Reuters. Emirates plans to cut the number of flights to Lagos to seven from 11 by mid-August, the letter said, adding…
LAGOS JULY 30TH (NEWSRANGERS)-Nigeria airlines have increased fares for domestic flights to at least N80,000 depending on the trip over the rising cost of aviation fuel and foreign exchange (FX) crisis. Checks by TheCable on Friday showed that Azman Air flight from Lagos to Kano/Kaduna increased from about N60,000 to N100,000. Air Peace also increased…
LAGOS JULY 15TH (NEWSRANGERS)-Oil marketers yesterday unilaterally raised the pump price of petrol from N165 per litre to N185 in disregard to the Federal Government approved pump price of N165 per litre. The hike which came a day after Major Oil Marketers Association of Nigeria, MOMAN, said the current price was no longer realistic saw…
LAGOS JULY 13TH (NEWSRANGERS)-Bayelsa State Government has called for better collaboration with The Shell Petroleum Development Company of Nigeria Limited (SPDC) to enable more investments in the state, and to give more value to people of Bayelsa. The state’s Deputy Governor, Lawrence Ewhrudjakpo, made the call during a business meeting with the management of SPDC…
