LAGOS DECEMBER 1ST (NEWSRANGERS)-The Federal Government has reviewed its policy on stamp duty charges, levied on electronic payments. This is captured in the new proposed finance bill, presently with the Senate. The new bill ensures that the N50 stamp duty charge will now be levied on electronic payments above N10,000 as against payments above N1,000….
LAGOS NOVEMBER 26TH (NEWSRANGERS)-Nigerians who have taken to operating Point of Sales as a means of business and survival are living in fear following reported cases of robbers hunting and targeting them. Operators in Mowe, Obafemi Owode Local Government Area of Ogun State and those in Ayobo area of Lagos State have already experienced the…
LAGOS NOVEMBER 25TH (NEWSRANGERS)-Take a look at the current exchange rate of the Naira compared to other African countries South Africa: Rand 1= 79 Naira Angola: 1 kwanza = 12 Naira Botswana: 1 Pula = 28 Naira Cape Verde: 1 Escudo = 8 Naira Algeria: 1 Dinar = 12 Naira Egypt: 1 Pound = 35…
LAGOS NOVEMBER 21ST (NEWSRANGERS)-Shell companies in Nigeria have emerged winner in the best 100 companies to work for in the latest Jobberman 2019 Report released in Lagos on Thursday. Shell led the pack of top 100 companies that respondents admire, respect and desire to work for the most. Jobberman Chief Executive Officer, Hilda Kabushenga Kragha, said “Shell…
LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Ghana Union of Traders Association (GUTA), yesterday, gave a final ultimatum to foreigners involved in retail trade to leave the markets. In furtherance with the eviction order, GUTA, consented to open temporarily, all recently closed shops to enable the owners pack their wares and move out. The traders Union in a…
LAGOS NOVEMBER 19TH (NEWSRANGERS)-The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) and its counterpart, the National Union of Banks Insurance and Financial Institutions (NUBIFIE) told newmen at the weekend that workers in the sector would embark on an indefinite strike over failure of their employers to review the Collective Bargaining Agreement…
LAGOS NVEMBER 19TH (NEWSRANGERS)-Nigeria’s Inflation Rate Rose To 17-month high in October as food prices surged. Consumer prices rose 11.6% from a year earlier compared with 11.2% in September, the Abuja-based National Bureau of Statistics said in a report published on its Twitter account Monday. That is the highest rate since May 2018 and exceeded…
LAGOS NOVEMBER 18TH (NEWSRANGRS) – Online retailer Jumia Technologies said on Monday it had suspended its e-commerce platform activities in Cameroon because they were “not suitable” for the African state. Dubbed “the Amazon of Africa”, the company founded in 2012 by two French former McKinsey consultants has grown quickly to become the continent’s leading e-commerce…