LAGOS SEPTEMBER 13TH (NEWSRANGERS)-The Twitter ban in Nigeria has extended to 100 days, and in that time frame the nation has lost N247.61bn. The Federal Government had on June 4 suspended Twitter after the social media platform deleted a tweet by the President, Major-General Muhammadu Buhari (retd.). Consequently, telcos on June 5 blocked access to…
LAGOS SEPTEMBER 11TH (NEWSRANGERS)-As a small business owner, you should always organize your business finances. This is because organized finances are essential nowadays if you want to increase your chances of getting approved. However, if you’re running an online casino gamblingbusiness, you need to organize it to attract more players. Below we are going to…
LAGOS SEPTEMBER 7TH (NEWSRANGERS)-The Niger State Internal Revenue Service (NGSIRS) on Monday shut down eight commercial banks and the state head office of the Abuja Electricity Distribution Company (AEDC) over alleged N456 million tax debts. Mr Mohammed Etsu, the Executive Chairman of the internal revenue Service, told journalists following the exercise that it was carried…
LAGOS SEPTEMBER 7TH (NEWSRANGERS)- The Central Bank of Nigeria, (CBN) has been given seven days to provide relevant information about the bidding process in its engagement of Bitt Incorporation by the apex bank. The bank in August had announced its technical partner for its Digital Currency Project after what it described as a competitive bidding…
LAGOS SEPTEMBER 7TH (NEWSRANGERS)-El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele, who pushed for adoption of the cryptocurrency, says it will help Salvadorans save $400 million https://www.reuters.com/world/americas/migrant-families-wary-el-salvador-becomes-first-adopt-bitcoin-2021-09-06 a…
LAGOS SEPTEMBER 6TH (NEWSRANGERS)-The Vice-Chairman, Senate Committee on Customs and Excise, Senator Francis Fadahunsi has called for the resignation of Col. Hameed Ali (rtd.), the Comptroller General (CG) of the Nigeria Customs Service. Part of the reason for the call for the resignation of the customs boss as advanced by the Senator is that the…
LAGOS SEPTEMBER 4TH (NEWSRANGERS)-The Nigerian government has ordered all telecom operators to shut down their networks in Zamfara State. Umar Garba Danbatta, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission in a letter to all telecom operators on Friday said the action was one of the strategies taken by security operatives…
LAGOS SEPTEMBER 3RD (NEWSRANGERS)-The naira yestaerday traded at all time low of N530 to dollar at the parallel market. The naira also dropped among other major currencies as it exchanged at N620/Euro, N720/ British Pounds Sterling. Also, the Central Bank of Nigeria (CBN) yesterday lifted Post No Debit (PND) order it placed on 33 Bureaux…