LAGOS FEBRUARY 19TH (NEWSRANGERS)-The Nigeria Customs Service, in Kano and Jigawa states, is set to shutdown supermarkets and shops found patronising foreign rice and other prohibited items. The agency, in a letter with reference number NCS/KAN/053/S.28 dated 17th February 2020 wrote to all supermarkets and shops in Kano and Jigawa states, directing them to stop…
LAGOS FEBRUARY 19TH (NEWSRANGERS)-The Manufacturers Association of Nigeria has said that the continued closure of the country’s land borders is unsustainable as many genuine businesses are suffering, and some are at the verge of shutting down. The Director- General, MAN, Segun Ajayi-Kadir, said this on Tuesday at a ‘Stakeholders forum on impact of border closure…
LAGOS FEBRUARY 18TH (NEWSRANGERS)-Officers and men of Nigeria Customs Service Ogun State command supported by personnel of the Nigerian Army on patrol have been attacked by daredevil persons suspected to be rice smugglers in Ogun State. In a press statement issued by the command’s Public Relations Officer, Abdullahi Maiwada the attack took place at 02:30…
LAGOS FEBRUARY 14TH (NEWSRANGERS)-In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank (https://www.AfDB.org), have a ttendency to lend too quickly and in the process, add to the continent’s debt problems. ADB, however described the allegation as inaccurate and not fact based,…
LAGOS FEBRUARY 14TH (NEWSRANGERS)-Nigeria’s oil production could drop by 35 percent in the next ten years as regulatory uncertainty and costs amid languishing oil prices may prompt oil majors to postpone final investment decisions on three major deepwater projects, consultancy Wood Mackenzie told Reuters on Thursday. OPEC member Nigeria is the largest oil producer in…
LAGOS FEBRUARY 13TH (NEWSRANGERS)-The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari has expressed disappointment with the state of power generation in Nigeria. Speaking at the Nigeria International Petroleum Summit which provided opportunity for the signing of a $1.1 million grant between Nigeria and the United States Trade and Development Agency (USTDA) as part-funding for…
LAGOS FEBRUARY 11TH (NEWSRANGERS)-The Standards Organisation of Nigeria (SON) has sealed 13 steel factories across the nation for standards infractions. The SON task force on steel Chairman, Mr Enebi Onucheyo disclosed to newsmen on Monday in Lagos. Onucheyo said the companies located in Lagos, Ogun, Osun, Abia and Edo States were shut until further notice…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The president of the African Development Bank Akinwumi Adesina is expected in the Ethiopian capital for the African Union’s 33rd Assembly of Heads of State and Government. The summit runs from 8-10 February 2020 under the theme: Silencing the Guns: Creating Conducive Conditions for Africa’s Development. Adesina will arrive in Addis Ababa with…
