LAGOS JANUARY 11TH (NEWSRANGERS)-The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. Bloomberg Billionaires Index, which is a ranking of the world’s 500 richest people, showed that his…
LAGOS JANUARY 8TH (NEWSRANGERS)-The Controller, Federal Operations Unit Zone ‘C’, Mr Yusuf Lawal, on Thursday in Owerri displayed 5,200 live ammunition, 1,215 bags of foreign rice and a bullet proof Toyota Landcruser jeep intercepted during 2020 Yuletide. The controller said during the exhibition that the seizures were made between Nov. 23 and Dec. 27, 2020….
LAGOS JANUARY 7TH (NEWSRANGERS)-The Shippers Association of Lagos State (SALS) has raised the alarm that 28 containers of export products from Minna, the capital of Niger State have been detained at the ports since September, 2020, and are still languishing away due to unworkable Federal Government import and Export Adjustments policies. In a statement made…
NIN: NCC Clears Air about Mass Disconnection of Telecom Subscribers LAGOS JANUARY 7TH (NEWSRANGERS)-Nigerian Communications Commission (NCC) said that it’s has been drawn to numerous publications in both print and electronic media regarding the unfounded fears of mass disconnection of telephone subscribers as a result of the ongoing linkage of SIM Registration Records with the…
LAGOS JANUARY 7TH (NEWSRANGERS)-Unclaimed dividends and bank account balances unattended to for at least six years will be available as special credit to the federal government through the Unclaimed Funds Trust Fund. According to the Finance Act 2020 recently signed into law by President Muhammadu Buhari, the trust fund will be a sub-fund of the…
LAGOS JANUARY 4TH (NEWSRANGERS)-Mixed reactions are coming from Balogun Market traders over the shift in the resumption date for business activities after the December 24 closure of the market for the Christmas and New Year holidays. The caretaker management committee inaugurated in December to manage the complex had shifted the resumption date from January 4…
LAGOS JANUARY 4TH (NEWSRANGERS)-The Caretaker Management Committee of Balogun market, Lagos Trade Fair Complex, has shifted its resumption, earlier scheduled for Jan. 4, to Jan. 11, for security reasons, the Secretary of the committee, Mr Leonard Ogbonnia has said. Ogbonnia said in a statement on Sunday, in Lagos, that it would be risky to reopen…
LAGOS DECEMBER 27TH (NEWSRANGERS)-Rwanda’s green mobility policy, aimed at phasing out petrol motorcycles, has been in effect for at least five years now. In Kenya, electric motorcycles are over a decade in operation. Uganda’s adoption of the innovation is recent, but in all, the trend highlights East Africa’s wokeness in anti-pollution and energy use. It is…