LAGOS MARCH 18TH (NEWSRANGERS)- OMNES Media, the leading developer of digital media and marketing solutions, has signed a strategic partnership agreement with Kharabeesh, the leading producer of media, entertainment and animation content, to provide advanced advertising solutions to advertisers in numerous sectors. The agreement was signed at OMNES Media’s headquarters in Dubai recently by Fahed…
LAGOS MARCH 18TH (NEWSRANGERS)-A Milan court acquitted energy company Eni, its chief executive and Royal Dutch Shell on Wednesday in the oil industry’s biggest corruption case revolving around the $1.3 billion acquisition of a Nigerian oilfield a decade ago. The sentence, read out in court by judge Marco Tremolada, came more than three years after…
LAGOS MARCH 16TH (NEWSRANGERS)-The Central Bank of Nigeria has introduced new charges for customers using the Unstructured Supplementary Service Data services. The apex bank said effective Tuesday, customers will pay a flat fee of N6.98 per transaction every time they use USSD services. It said the new charges was part of the agreement reached when…
LAGOS MARCH 16TH (NEWSRANGERS)-Shoprite Group has announced its unaudited results for the 26 weeks to 27 December 2020 in which sale of merchandise increased by 4.7% to R83.4 billion while its trading profit increased by 18.3% to R4.7 billion. The Group confirms that the terms of sale have been concluded for the disposal of a…
LAGOS MARCH 16TH (NEWSRANGERS)-African Development Bank President, Dr. Akinwumi Adesina has called for vaccine justice for Africa. Speaking at the launch of the Bank’s African Economic Outlook 2021 report on Friday, Adesina decried the lack of Covid-19 vaccines reaching Africa. “We need global solidarity and vaccine justice for Africa,” Africa’s premier development bank chief said….
LAGOS MARCH 16TH (NEWSRANGERS)-The port of Lagos has long had a reputation in the shipping industry of being a headache — a hub where costly delays and other obstacles are legion. But many in the business say the gateway to the huge market of Nigeria has become even more choked in recent months, its problems…
LAGOS MARCH 16TH (NEWSRANGERS)-Okeke Leticia Chigozie, a 28-year-old Nigerian logistics worker, dreams of opening her own shoe store in Nigeria. Having no credit history, she does not qualify for a bank loan to fund her enterprise. Instead, she joined a traditional savings group in her community, sometimes called esusu. These savings circles allow those without…
LAGOS MARCH 15TH (NEWSRANGERS)-Despite the giant strides of Dangote Group and enormous investments in Nigeria, the United States of America has alleged that the business strategies of the Dangote Group are dangerous to the Nigerian economy. Aliko Dangote, famed as the Africa’s richest man, is the owner of the Dangote Group of Companies, which have…