LAGOS MARCH 9TH (NEWSRANGERS)-A senior official of the Nigeria Customs Service has explained how operatives offered bandits seven bags of seized rice to save themselves from the criminals. Comptroller Aliyu Mohammed, who is the Coordinator of the Sector 4 Command of the Joint Border Patrol Team in the North West, narrated how the incident occurred…
LAGOS MARCH 8TH (NEWSRANGERS)-After injecting over four hundred billion naira into Polaris bank by the Central Bank of Nigeria in 2018, the apex bank has finally concluded arrangements to cede it to a prefered bidder. This medium exclusively gathered that a first generation bank with strong presence in the financial inclusion market has emerged as…
LAGOS MARCH 7TH (NEWSRANGERS)-To sustain and further boost inflows of diaspora remittances into the country, the Central Bank of Nigeria will pay recipients of diaspora remittances through CBN licensed IMTOs N5 for every $1 received as remittances inflow. In a Circular the apex bank announced the introduction of “CBN Naira 4 Dollar Scheme” as an…
LAGOS MARCH 3RD (NEWSRANGERS)-Some southern state governments and farmers have said in different interviews with newsmen that they are not threatened with the strike action by Northern food suppliers. According to them, the development is an opportunity for the South to boost its food production capacity. Naija News had reported earlier that the strike action…
LAGOS MARCH 1ST (NEWSRANGERS)-It was noted that due to the blocking of foodstuff by northern traders to Southern part of Nigeria, Newsmen has gathered that the traders have lost over 10 billion naira in one week. Its been reported that members of the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria across the Northern…
LAGOS MARCH 1ST (NEWSRANGERS)-The prevailing market volatility at the crypto market led to heavy losses of global investors’ funds when roughly $70 billion worth of crypto positions evaporated into thin air within a day. The downward trend gained momentum immediately after the flagship crypto touched below the $45,000 value amid several large sell orders placed…
LAGOS MARCH 1ST (NEWSRANGERS)-Recently, our correspondent visited the Idiroko Border community to observe firsthand the modus-operandi of smuggling and other illicit activities in the area as well as the unique role of security operatives. Idiroko is a town in Ipokia local government of Ogun State, Nigeria. It is situated along the Nigeria-Benin border and has…
LAGOS MARCH 1ST (NEWSRANGERS)-More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports. Tola Fadugbagbe recalls moving to Lagos from his small south-western town 10 years ago with dreams of brighter prospects. Instead, the 34-year-old ended…