LAGOS APRIL 16TH (NEWSRANGERS)-The Economic and Financial Crimes Commission has charged telecommunications company, Globacom Limited, before the Lagos State Special Offences Court in Ikeja for an alleged fraud of $6,786,674.61. The firm was charged alongside its Indian Chief Marketing Officer, Ashok Israni, who was listed as the first defendant in the case. The one count…
LAGOS APRIL 16TH (NEWSRANGERS) — Applications are now open for the She Leads Africa Accelerator 2018, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entrepreneurs. Entrepreneurs building technology enabled businesses across Nigeria are eligible to apply for coaching, networking opportunities and the chance to receive funding for their…
LAGOS APRIL 16TH (NEWSRANGERS)-The Customs hierarchy in Abuja is greatly worried by the depreciating revenue performance of the Apapa Command, expressing fears that the command may not meet its 2018 target of N426 billion. The fear of Hameed Ali, the Comptroller-General of Customs is understandable because the target given to the Apapa Command is almost…
LAGOS APRIL 16TH (NEWSRANGERS)-Airlines operators have cried out following the rise in the price of Jet A1, otherwise known locally as aviation fuel, to an all-time high of N260 per litre from N180 per litre. The skyrocketing price of the product has provoked panic in the sector with many predicting that more airlines may be…
LAGOS APRIL 16TH (NEWSRANGERS)-Former Ghana President John Mahama, Former Governor of Anambra State, Mr Peter Obi, Africa’s richest man, Alhaji Aliku Dangote, and several other experts will speak and contribute their experience and leadership at the 2018 Commonwealth Business Forum holding April 16-18 in London, UK. The Forum will take place in conjunction with the…
LAGOS ARIL 14TH (NEWSRANGERS)-A Bitcoin company in Calabar has disappeared into thin air with millions of Naira of customer’s money. As early as 8am yesterday, customers besieged the company’s office on Bassey Duke only to discover that the company had closed shop and vanished with their money. Several phone calls were made by the customers…
LAGOS APRIL 12TH (NEWSRANGERS)– The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC). This Facility is innovatively structured as two successive loans of US $100 million, each with a tenor of up to 2 years, thus signifying the African Development Bank’s strong…
LAGOS APRIL 12TH (NEWSRANGERS)-It was hilarious when a self-driving car was spotted on Lagos street yesterday morning. Nigerians were so shocked to behold the sight of a car driving itself without the control of a driver. Some of the people seen at the spot considered it as magic, while some believed the car was being…