LAGOS APRIL 12TH (NEWSRANGERS)-The Nigerian Shippers’ Council on Wednesday said it has entered into partnership with the Oyo State Government to establish a $200m (N72b) modern dry port, as well as a truck transit park in the state, in conjunction with some Chinese investors. Executive Secretary/Chief Executive Officer of the council, Mr. Hassan Bello made…
LAGOS APRIL 10TH (NEWSRANGERS)-Facebook CEO and co-founder Mark Zuckerberg finally testified before the Senate Judiciary and Commerce Committees on Tuesday afternoon. Zuckerberg appeared in front of the Senate Judiciary and Commerce Committees and will appear before the U.S. House Energy and Commerce Committees on Wednesday to discuss Facebook’s (FB) role in the latest Cambridge Analytica…
LAGOS APRIL 10TH (NESRANGERS)-Royal Dutch Shell Plc has said it paid $4.32 billion to the Nigerian Government in 2017, representing an increase of 19 per cent from the $3.64 billion the oil giant paid in 2016. The Shell’s Sustainability Report 2017, which was released yesterday, showed that the $4.32 billion paid to Nigeria was the…
LAGOS APRIL 5TH (NEWSRANGERS)-No fewer than 3,740 players win Western Lotto in March 2018. This is an increase of 49.6% percent over the month of February. Yomi Ogufowora, managing director, said the cash prize payouts reflect the commitment of Western Lotto Nigeria Limited to “empower and upgrade the lives of people”. Western Lotto offers no…
LAGOS APRIL 5TH (NEWSRANGERS)-The Managing Director of Asset Management Corporation of Nigeria (AMCON) Mr. Ahmed Kuru is do a comprehensive review of the corporation’s intervention in the nation’s transport sector in the forthcoming 6th annual Nigeria Transport Awards and Lecture. He is expected to speak on the topic-‘AMCON’s Intervention in Transport and Allied Sector, the…
LAGOS APRIL 3RD (NEWSRANGERS)-Nigeria scored 42 out of 100 points and ranks 55 among 89 assessments in the 2017 Resource Governance Index (RGI), while Ghana’s oil and gas sector scored a satisfactory 67 of 100 points, making it the best performer in sub-Sahran Africa. Ghana has a favorable enabling environment and also performs well in…
LAGOS APRIL 3RD (NEWSRANGERS)- Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia and a deepening trade spat between China and the United States. Brent crude fell $1.70, or 2.5 percent, to settle at…
LAGOS MARCH 27TH (NEWSRANGERS)-Despite being asked, Mark Zuckerberg won’t attend a British parliamentary hearing about Cambridge Analytica’s data use. In a statement to Damian Collins, chair of Digital Culture Media and Sport Committee, Facebook’s head of public policy for the UK Rebecca Stimson outlined all the ways Facebook would change its course of action (like…