World Bank Blacklists 18 Nigerian Companies, Individuals For Corruption –Report LAGOS OCTOBER 25TH (NEWSRANGERS)-The World Bank has blacklisted 18 Nigerian individuals and firms for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year 2021, a new report has revealed. A list of debarred individuals and firms was presented in a new…
LAGOS OCTOBER 25TH (NEWSRANGERS)-The Federal Operation Unit, Zone A of the Nigeria Customs Service (NCS) over the weekend revealed that two import containers cleared from APM Terminals to a bonded terminal in Lagos are currently missing and their whereabouts unknown. Addressing selected journalists in Lagos at the weekend, acting Customs Area Comptroller of the Federal…
LAGOS OCTOBER 23RD (NEWSRANGERS)-FBN Holdings Plc Friday denied claims by online media that the Nigerian business mogul, Femi Otedola has acquired majority stake in the bank. In a statement signed by the company secretary, Seye Kosoko obtained from Nigerian Exchange Limited(NGX), the bank is yet to receive any notification from the individual mentioned on such…
LAGOS OCTOBER 21ST (NEWSRANGERS)-The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote entrepreneurship and reduce unemployment. The CBN disclosed this on Wednesday in a report, titled ‘Guidelines for the implementation of tertiary institutions entrepreneurship scheme’. “Five top Nigerian polytechnics and universities with the best entrepreneurial pitches/ideas…
LAGOS OCTOBER 7TH (NEWSRANGERS)-Prices of imported secondhand automobiles, popularly known as Tokunbo vehicles, have gone out of the reach of average income earners. The Guardian learnt that prices of Tokunbo and new cars in the country have tripled due to high clearing fees and processing, high duty, freight rate, security surcharges, insurance on Nigeria-bound cargoes,…
LAGOS OCTOBER 6TH (NEWSRANGERS)-The Nigerian Communications Commission has disqualified anyone below the age of 18 from registering and owning a Subscriber Identity Module in Nigeria. This is according to the draft copy of the modified Registration of Telephone Subscribers Regulations published on the commission’s website. In the modified regulations, NCC limited telecoms subscribers to only…
The Board of the Nigeria Customs Service (NCS) has approved the appointment of four Deputy Comptroller Generals and twelve (12) Assistant Comptroller Generals as well as the promotion of 2,707 senior officers to various ranks with effect from 1st January, 2020. A statement signed by DC Timi Bomodi, Deputy National Public Relations Officer of NCS…
LAGOS OCTOBER 5TH (NEWSRANGERS)-The apps, owned by Facebook, stopped working Monday for millions of users across the U.S., according to outage site Down Detector. Both the mobile and web browser editions of the apps were not working as of 11:42 a.m. ET, the site reported. They were down for more than six hours. “To the…
