LAGOS JUNE 14TH (NEWSRANGERS)-Report has emerged that no fewer that eighty four ships were attacked and one hundred and thirty seafarers abduct by sea pirates in the Gulf of Guinea in 2020. According to the International Maritime Bureau, there were nearly 50 percent increase in kidnapping for ransom between 2018 and 2019, and around 10…
LAGOS JUNE 14TH (NEWSRANGERS)-CEO of Twitter, Jack Dorsey, has been signaling his support for Nigerian bitcoin adoption through a series of tweets over the weekend. Dorse is one of the big celebrity names in the crypto community. As a result, his tweets on crypto pick up a lot of interest, no matter how cryptic or…
LAGOS JUNE 13TH (NEWSRANGERS)-Stakeholders believes that the arrival of more indigenous airlines in Nigeria will continue to drop the prices of air tickets in the country as customers will have the choice of choosing those with better offers. Green Africa and the United Nigerian Airline are the two newest Airlines launched in 2021. The first…
LAGOS JUNE 11TH (NEWSRANGERS)-A spokesman for the IMF on Thursday warned of the risks of using bitcoin for day-to-day transactions after El Salvador, which is in negotiations for additional funds from the crisis lender, approved the cryptocurrency’s use. An IMF team is scheduled to meet with El Salvador’s President Nayib Bukele later Thursday as the…
LAGOS JUNE 9TH (NEWSRANGERS)-El Salvador’s President Nayib Bukele has made good on his promise to adopt Bitcoin as legal tender. Officials in the Central American country’s congress voted to accept the cryptocurrency by a majority of 62 out of 84 votes, reports CNBC. In a worldwide first, El Salvador will accept Bitcoin as legal tender…
LAGOS JUNE 9TH (NEWSRANGERS)-Maritime journalists under the aegis of Maritime Journalists Association of Nigeria (MAJAN) has commended the current efforts of the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh milestone achievement for the development of strategy to confront the hydra-headed problem of maritime insecurity, with the deployment of the…
LAGOS JUNE 8TH (NEWSRANGERS)-Around the world, emerging nations with significant maritime resources are advancing plans to develop their respective blue economies, with a view to boosting short-term recoveries from coronavirus as well as longer-term economic diversification. While the concept of the blue economy has been around for some time, it has attracted increasing attention in…
LAGOS JUNE 8TH (NEWSRANGERS)-Nigeria’s decision to suspend Twitter indefinitely could backfire for the government and cost the country economically in terms of new investments into its technology sector. The Nigerian government suspended Twitter on June 4. The official press release gave only a vague justification, citing threats to “Nigeria’s corporate existence.” While only a minority…
