LAGOS SEPTEMBER 18TH (NEWSRANGERS)-The Manufacturers Association of Nigeria (MAN) has lauded the constitution of an Economic Advisory Council (EAC) by President Muhammadu Buhari. In a statement on Tuesday by its Director-General, Segun Ajayi-Kadir, MAN described the news of the formation of the council as “timely and commendable”. President Buhari had set up the Council chaired…
LAGOS SEPTEMBER 18TH (NEWSRANGERS)-The Managing Director and Chief Executive Officer, Heritage Energy Operational Services Limited, operator of OML30 asset, Mr. Naeem-Atiq Sadiq has said the company was enjoying good working relationship with the 112 host communities in OML30, Delta State. Sadiq spoke when the Managing Director of Delta State Oil Producing Area Development Commission, DESOPADEC,…
LAGOS SEPTEMBER 17TH (NEWSRANGERS)-Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially thought following weekend attacks that cut halved the kingdom’s output. Saturday’s attacks raised the specter of a major supply shock in a market that in recent…
LAGOS SEPTEMBER 16TH (NEWSRANGERS)-MultiChoice recently reduced the price of DStv in various African countries, including Uganda, Kenya, Tanzania, and Mozambique. MultiChoice said the monthly DStv subscription fees were reduced to make the service more competitive against streaming services. The price cuts, however, were not the same in all countries, as each country has different cost…
LAGOS SEPTEMBER 16TH (NEWSRANGERS)-The dollar fell while safe havens and currencies of oil-producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions. Oil prices surged nearly a fifth at one point following the strikes on two plants, including the world’s biggest petroleum…
LAGOS SEPTEMBER 11TH (NEWSRANGERS)-The Organisation of Petroleum Exporting Countries (OPEC) has commended the Federal Government of Nigeria for accepting to host the upcoming Global Maritime Security Conference, saying the talks will go a long way in addressing security concerns in the maritime domain of the entire Gulf of Guinea. Secretary-General of OPEC Mohammed Sanusi Barkindo…
LAGOS SEPTEMBER 9TH (NEWSRANGERS)- Two Nigerian entrepreneurs have been shortlisted among 21 finalists for the Shell LiveWIRE Top Ten Innovators Awards, a global competition which highlights and rewards businesses that demonstrate excellence in innovation as well as giving entrepreneurs a chance to shine on a global platform. The businesses are” FarmToJuice and Foods Nig. Ltd…
LAGOS SEPTEMBER 5H (NEWSRANGERS)- The Executive Chairman of Warri South Local Government Area, Dr. Micheal Tidi has commended Heritage Energy Operational Services Limited (HEOSL), for its community development plans and programmes in OML 30. Dr Tidi was particularly impressed by the robust GMoU which the company helped to put in place to guide her relationship…
