LAGOS JANUARY 16TH (NEWSRANGERS)-It appears Nigerians are in for good times in the new year, as the price of bags of local and foreign rice, onions, pepper, tomatoes, amongst others recorded a significant drop in price. This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics….
LAGOS JANUARY 15TH (NEWSRANGERS)-The U.S. African Development Foundation (USADF) and All On today announced the official opening of the 2021 Nigeria Off-Grid Energy Challenge, which will provide up to $100,000 in blended finance per enterprise for successful applicants. The Rockefeller Foundation is also providing support via the All On Hub for the program whose application…
LAGOS JANUARY 15TH (NEWSRANGERS)-Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020. Shortages of consumer goods like paper towels and work-from-home gear early in…
LAGOS JANUARY 13TH (NEWSRANGERS)-The Port Harcourt head office of First Bank Plc has been shut down in compliance with an enforcement order following the judgement of the Supreme Court in a matter between Ejemah community in Eleme Local Government Area and Shell Petroleum Development Company (SPDC). The judgement sum and interest as at Tuesday, January…
LAGOS JANUARY 12TH (NEWSRANGERS)-Millions of users of the messaging platform, WhatsApp across the globe, including Nigerians, have started exiting the platform following a new privacy policy recently announced, though to take effect from on February 8. This privacy policy, which many users of the Facebook-owned WhatsApp consider offensive, has triggered a mass exodus of subscribers to other less popular but…
LAGOS JANUARY 12TH (NEWSRANGERS)-Irate Mob suspected to have been instigated by smuggling syndicates within the Sector 3 operation area of the Nigeria Customs Service, NCS, laid a two day siege on checkpoint and logistic office of the services, around Ilesha Baruba, Kwara State, Daily Independent gathered yesterday. In the incident that reportedly led to the…
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….