Business

NIMASA, Tanzania Counterpart To Share Maritime Administrative Knowledge

News Rangers7 months ago05 mins

LAGOS MAY 21ST (NEWSRANGERS)-The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Tanzanian counterpart, the Tanzania Shipping Agencies Corporation, TASAC, have deepened cooperation in knowledge sharing in the areas of Flag and Port State Control, Seafarer Development and Certification, Cabotage regime implementation, Maritime Security, and digital transformation of processes among others. This was the thrust of deliberations during a working visit by the Maritime Administration of the East African nation…

Why Fidelity Bank Plc Is Too Big To Fail?

News Rangers7 months ago05 mins

LAGOS MAY 20TH (NEWSRANGERS)-Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still before the…

Renaissance African Energy Surpasses Target In First Month Of Operations

News Rangers7 months ago04 mins

LAGOS MAY 15TH (NEWSRANGERS)-In its first month of operating the former SPDC Joint Venture assets, Renaissance Africa Energy Company Limited has demonstrated immediate impact by surpassing production targets by 40 percent. This early success above set target by the JV signals a positive trajectory for Nigeria’s oil output growth and economic prosperity. The Nigerian National…

NIMASA Approves 12 Banks For Payment of $360m CVFF Fund

News Rangers7 months ago07 mins

LAGOS MAY 15TH (NEWSRANGERS)-The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced the appointment of 12 banks as Primary Lending Institutions (PLIs) for the disbursement of the over $360 million Cabotage Vessel Financing Fund (CVFF). Daily Trust reports that the agency, had in 2023, appointed five banks as PLIs for the disbursement of the…

NNPCL Follows Dangote’s Track, Reduces Petrol Pump Price

News Rangers7 months ago03 mins

LAGOS MAY 15TH (NEWSRANGERS)-The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N910 per litre from N935 per litre in Abuja. However, the price adjustment has not yet been implemented in Lagos and other cities across Nigeria. Meanwhile, Dangote Petroleum Refinery initiated the…

Customs Boss Initiates Process Of Purchasing Made-In-Nigeria Cars For The Organisation

News Rangers7 months ago04 mins

LAGOS MAY 12TH (NEWRANGERS)-In alignment with the Renewed Hope Nigeria First policy of President Bola Tinubu, the Comptroller-General of Customs (CGC) of the Nigeria Customs Service (NCS), Adewale Adeniyi, has initiated the process of purchasing locally assembled cars for the organisation. According to the spokesman of the organisation, Abdullahi Maiwada (AC), several car assembly plants…

Dangote Refinery Offers N10 Discount On Petrol To Customers

News Rangers7 months ago02 mins

LAGOS MAY 12TH (NEWSRANGERS)-The Dangote Petrolchemicals Refinery has effected another reduction in the ex-gantry price of its Premium Motor Spirit also known as petrol below the publicly announced N835 per litre. Sources confirmed on Monday that the refinery has reduced its price to N825 per litre for its customers, through a rebate of N10 after…

NNPCL Boss Announces Plans To Resume Oil Exploration In Two Northern States

News Rangers7 months ago03 mins

LAGOS MAY 12TH (NEWSRANGERS)-The Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has announced plans to resume crude oil exploration activities in Kolmani, located between Gombe and Bauchi states. Ojulari made the disclosure during a recent interview with BBC Hausa. According to him, the company is fully prepared to return…

Renaissance African Energy Inaugurates Flare Reduction Project, Increases Gas Output

Shell Nigeria Gas Limited (SNG) Expands Operations As New Customer Connects In Ogun State

‘How Nigeria Help In Aborting Attempted Military Coup In Benin Republic’

Aston Villa Shatters Arsenal’s 18-Match Unbeaten Run

Bomb Explosion Rocks Borno, Kill Four Children, Injures One

Herds Of Elephant Invade Borno Community, Threaten Livelihoods

Why Fidelity Bank Plc Is Too Big To Fail?

Renaissance African Energy Surpasses Target In First Month Of Operations

NIMASA Approves 12 Banks For Payment of $360m CVFF Fund

NNPCL Follows Dangote’s Track, Reduces Petrol Pump Price

Customs Boss Initiates Process Of Purchasing Made-In-Nigeria Cars For The Organisation

Dangote Refinery Offers N10 Discount On Petrol To Customers

NNPCL Boss Announces Plans To Resume Oil Exploration In Two Northern States