LAGOS JANUARY 2ND (NEWSRANGERS)-Investors in Nigerian equities lost about N1.71 trillion in 2019 as a combination of political risk, weak macroeconomic performance and tense global outlook drove the stock market to second consecutive negative performance. The stock market closed yesterday with negative average full-year return of -14.60 per cent for the 2019 trading year, equivalent…
LAGOS JANUARY 2ND (NEWSRANGERS)-No fewer than 250 passengers were onboard the aircraft as at the time of the incident. What would have been the end of the year disaster was on Tuesday morning averted at Port Harcourt International Airport when a Turkish Airline aircraft tyre burst on landing at the airport. Information gathered by our…
LAGOS DECEMBER 31ST (NEWSRANGERS)-Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest…
LAGOS DECEMBER 31ST (NEWSRANGERS)-The Joint border drill has confiscated more than 4800 bales of second hand clothings valued at three billion naira from Yaba market in Lagos. The Customs Coordinator, Western Zone, Assistant Comptroller General, Bukar Amajan, explained that the seizure was made possible through intelligence report. More than 4800 bales of second hand clothings…
LAGOS DECEMBER 30TH (NEWSRANGERS)-Transportation of petroleum products faces a major hitch in the early weeks of 2020 as the government moves to implement stringent rules on tanker drivers. Energy and Petroleum Regulatory Authority (EPRA) says only the drivers holding special certificates will be allowed on the roads after January 15. “Any person wishing to drive…
LAGOS DECEMBER 30TH (NEWSRANGERS)-Tax payers have 30 days to obtain their 2020 clearance certificates or else the Federal Inland Revenue Service will impose lien on their bank accounts in order to recover outstanding debt they owe the service. The Executive Chairman, Muhammad Nami, said this in a notice to taxpayers released on Sunday. According to…
LAGOS DECEMBER 30TH (NEWSRANGERS)-According to multiple social media reports, men of the Nigerian Army and customs officials allegedly raided ‘okirika’ shops in Yaba, Lagos. According to eyewitnesses, the incident occurred on Sunday December 29, at Popo Street in Yaba, Lagos, while most owners of the shops are away for the Christmas holiday. The officers were…
LAGOS DECEMBE 28TH (NEWSRANGERS)-Finchglow Travels, Nigeria’s number one indigenous travel management company is pleased to announce that it recently held the 4th edition of its Trade Partner’s Forum in Lagos. Focused on the theme: “Global Mindset”, the forum was organized in a bid to help trade partners improve their processes, familiarize themselves with incoming technology…
