LAGOS MAY 25TH (NEWSRANGERS)-A coalition of local and international anti-corruption movements have alerted Nigerians on what appears an orchestrated plot to thwart corruption charges against oil giants associated with OPL 245 scam in which the country was swindled through a cobweb of criminal gangs. In a statement on Sunday, the Human and Environmental Development Agenda…
LAGOS MAY 21ST (NEWSRANGERS)-The World Bank Group today announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population. Since March, the Bank Group has rapidly delivered record levels of support in order to help countries protect the poor and vulnerable, reinforce health systems, maintain…
LAGOS MAY 21ST (NEWSRANGERS)-Shell funded Nigerian impact investor All On is pleased to announce that 22 wholly Nigerian owned enterprises have been shortlisted for the 2020 USADF – All OnNigeria Off-Grid Energy Challenge. This third edition of the annual challenge, which is in partnership with the United States African Development Foundation (USADF),will provide $50,000 in…
LAGOS MAY 18TH (NEWSRANGERS)-Electrical and Electronics experts have called on the Nigerian government to adopt the 5G mobile technology now so that the country would not be left out of the ongoing global technological industrialisation and development. They made the call at a 5G Health Symposium webinar organised by the Nigerian Institute of Electrical and…
LAGOS MAY 16TH (NEWSRANGERS)-The Naira has weakened today at the parallel market (popularly known as Black Market) as it trades at N454 to $1. The development could be attributed to the high demand for the dollar by foreign investors and business owners, whose with dollar payment obligations have accumulated amid a shortage of the currency….
LAGOS MAY 15TH (NEWSRANGERS)-Yup, you read that right. Amazon CEO, Jeff Bezos, is projected to become the world’s first ever trillionaire by 2026 according to a new study by Comparisun. Looking at the growth of Bezos’ net worth over the past five years, the projection predicts that the world’s richest man will like surpass the…
LAGOS MAY 6TH (NEWSRANGERS)-The Airline Operators of Nigeria (AON) on Wednesday faulted the decision by the Federal Government to engage foreign airlines for the evacuation of Nigerians abroad. Chairman of AON, Capt. Nogie Meggison in a statement explained that government’s action was disappointing after it had earlier said it would engage two domestic airlines to carry…
LAGOS MAY 6TH (NEWSRANGERS)-Nigeria’s economy is expected to contract by 3.4% this year, government officials said on Tuesday (May 5) as dwindling oil revenues coupled with a world under lockdown forced the country to assume a lower petroleum price of $20-a-barrel. That’s bad news for a sector that, over the past decade, has seen unprecedented…