LAGOS JANUARY 28TH (NEWSRANGERS)-The Comptroller-General of the Nigeria Customs Service (NCS), Mr Hameed Ali, on Tuesday hinted that the proposed slash in duties on vehicles and tractors from 35 to 10 per cent will likely take off next week, as the management was expecting an official communication from the Finance Ministry on it any moment…
LAGOS JANUARY 27TH (NEWSRANGERS)-The crypto market just lost about $70 billion, as significant selling pressure from crypto sellers pushed the value of cryptocurrencies lower across the market spectrum amid the rising U.S dollar and some profit-taking. The global crypto market value is $930.47 billion, a 5.61% decrease over the last day. The U.S dollar was…
LAGOS JANUARY 26TH (NEWSRANGERS)-Pirates who seized 15 sailors when they stormed a Turkish-crewed container ship in the Gulf of Guinea two days ago have not yet made contact with authorities, Turkey’s foreign minister said on Monday. An Azeri sailor was killed when armed attackers boarded the vessel, which was headed to Cape Town from Lagos,…
LAGOS JANUARY 25TH (NEWSRANGERS)-President Muhammadu Buhari has announced the reconstitution of the Board of Nigeria Ports Authority (NPA), with the reinstatement of Emmanuel Olajide Adesoye from the South West as chairman. Adesoye, who is former NPA board chairman, replaces Akinwunmi Recketts, a former Commissioner for Information in Cross River State under former Governor Liyel Imoke and an ally…
LAGOS JANUARY 23RD (NEWSRANGERS)-The Rice Millers Association of Nigeria (RIMAN) has raised the alarm over massive rice smuggling into the country. Their alarm comes barely five weeks after the federal government reopened Nigerian borders. The entry points were shut from August 20, 2019 to December 17, 2020 In a statement on Friday, RIMAN Chairman, Peter…
LAGOS JANUARY 23RD (NEWSRANGERS)-Group under the aegis of Maritime Journalists Association of Nigeria (MAJAN) has congratulated Hadiza Bala Usman on her re-appointment as the Managing Director of Nigerian Ports Authority (NPA), for a second term of five years. Speaking on behalf of the Association, The President of MAJAN, Comrade Ugochukwu described her re-appointment as an…
LAGOS JANUARY 22ND (NEWSRANGERS)-At least 43 West African migrants trying to reach Europe drowned off the coast of Libya on Tuesday, after their boat capsized in rough seas, in the first shipwreck of 2021 in the central Mediterranean, United Nations agencies said on Wednesday. Ten survivors were rescued and brought to shore by coastal security…
LAGOS JANUARY 22ND (NEWSRANGERS)-The PTML Area Command of Nigeria Customs Service said it generated a total of N189.3 billion from January to December 2020, recording a shortfall of N48.9 billion in its target for the year. The command had been tasked with the responsibility of generating N238 billion in 2020. The amount generated is however…