LAGOS MAY 12TH (NEWSRANGERS)-Nigeria’s state oil firm NNPC has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct knowledge of the matter said. The list includes major Swiss trading firms Trafigura, Vitol and Mercuria, oil major Total as well as large Nigerian traders Sahara Energy, Oando…
LAGOS MAY 30TH (NEWSRANGERS)-The Senate Committee on Ethics, Privileges and Public Petitions is set for a collision course with the Colonel Hameed Ali (retd)-led Nigeria Customs Services (NCS) over the stance of the revenue-generating agency to rebuff the committee resolution asking it to return bags of rice seized from the Oja Oba market in Oyo…
LAGOS APRIL 10TH (NEWSRANGERS)-Report has emerged on how suspended Nigeria Ports Authority Manager, Hadiza Bala, was involved in a clandestine ploy to shortchange a company in favour of Africa’s richest, Aliko Dangote. Last year, some coastline terminals formerly operated by Integrated Logistics Services’ (INTELs) in Onne ports complex, Rivers state, were confiscated and subsequently awarded…
LAGOS MAY 18TH (NEWSRANGERS)The Nigeria Customs Service (NCS) has told the Senate Committee on Ethics and Privileges to focus on lawmaking and not usurp the powers of other arms of government by interpreting the laws of the land. This is coming on the heels of a two-week ultimatum given to the NCS by the Senate…
LAGOS MAY 8TH (NEWSRANGERS)-Hadiza Bala Usman, suspended Managing Director of the Nigeria Ports Authority (NPA), has said the allegations of financial misappropriation leveled against her are false. Usman in a letter to the Chief of Staff to the president, Amb. Ibrahim Gambari, dated May 5, a copy of which was made available to our reporter,…
LAGOS MAY 8TH (NEWSRANGERS)-Two members of a smuggling syndicate were confirmed dead, while five security operatives sustained varying degrees of gunshot injuries during a gun duel between smugglers and a joint border patrol team of the Nigerian Customs Service (NCS) on Thursday at the Oja Odan area of Yewa North local government area of Ogun…
LAGOS MAY 7TH (NEWSRANGERS)-Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money; Bank of England (BOE) Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have been on a tear this year; reminding some investors of the 2017 crypto bubble in which…
LAGOS MAY 7TH (NEWSRANGERS)-Mohammed Bello Koko was born 25 March 1969, in Koko-Besse local government area of Kebbi State, Northwest Nigeria. He received his secondary education at the Government College, Sokoto in 1986. In 1992, Koko received a bachelor’s degree in management studies from the University of Sokoto. He later obtained an MBA in business…
