LAGOS MAY 21ST (NEWSRANGERS)-Nigeria’s foremost deep-water oil and gas company, Shell Nigeria Exploration and Production Company Limited (SNEPCo), paid N366 billion in 2018 as revenue to the federal government from its exploration activities, while it made another N2.1 billion as statutory payment to the Niger Delta Development Commission, SNEPCo’s Managing Director, Bayo Ojulari, has said….
An electric truck without a driver is being tested for the first time on Sweden‘s roads after the vehicle built by Swedish start-up Einride got permission from the regulator to mix with other traffic within an industrial area. While the first ride for the cab-less vehicle, “T-pod“, on a public road commenced on Wednesday, the…
LAGOS MAY 19TH (NEWSRANGERS)-The Federal Inland Revenue Service (FIRS) says it will soon begin the collection of Value Added Tax (VAT) on online transactions. The Chairman of the agency, Babatunde Fowler, made the disclosure in an interview with the News Agency of Nigeria (NAN) in New York on Saturday, May 18. Fowler said: “Soon, we…
LAGOS MAY 16TH (NEWSRANGERS)-The Nigerian Stock Exchange (NSE) opens the week tradings’ on a bearish note. At the moment, All Share-Index (ASI) declined by 1.26% to close at 28,484.44 basis points. Year-to-Date the ASI was down by 9.37%. In reference to the equity market, The capitalization closed at N10.701 trillion in contrast to N10.842 trillion…
LAGOS MAY 15TH (NEWSRANGERS)-Association of Licensed Telecommunications Operators of Nigeria (ALTON), has warned Nigerian Civil Aviation Authority (NCAA) that it will be putting national security under threat should it go ahead with its threat to demolish no fewer than 7,000 masts across the country. It was alleged that Nigerian Civil Aviation Authority (NCAA) has threatened…
LAGOS MAY 14TH (NEWRANGERS)-The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts which is enough to provide uninterrupted electricity to about 2.4 million homes, Managing Director, The Shell Petroleum Development Company of Nigeria Limited…
LAGOS MAY 8TH (NEWSRANGERS)-Emerging facts have revealed how Heritage Energy Operational Services Limited, HEOSL, operator of Oil Mining Lease OML30, has been tackling challenges confronting it’s host communities, with the determination to improving on the lives of the people and development of the host communities. On March 17, 2017, the management of Heritage Energy Operational…
LAGOS MAY 7TH (NEWSRANGERS)-Panasonic has announced that the LUMIX DC-S1 has been named ‘Best Full Frame Photo/Video’ mirrorless camera at the prestigious 2019 Technical Image Press Association (TIPA) World award. The TIPA World Award is widely recognized as one of the most coveted photo and imaging accolades in the world. Based on a strict…
