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…
LAGOS MARCH 26TH (NEWSRANGERS)-As speculation swirls over the sales performance of Apple’s flagship devices, specifically the iPhone X, a Wall Street firm has claimed an upcoming product from the U.S. technology giant will be different from anything it has previously released. An analyst from Bank of America Merrill Lynch said on Friday, March 23, that…
LAGOS MARCH 26TH (NEWRANGERS)-Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media. Reports said the 62-year-old was rushed to the hospital late on March 25 with pain in his chest and died several hours later. Mavrodi’s…
LAGOS MARCH 25TH (NEWSRANGERS)-The Nigerian Communications Commission (NCC) said the country’s phone subscriptions have reached 147 million as at January this year. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, disclosed this during the NCC Special Day at the ongoing 29th Enugu International Trade Fair. The fair was organised by the Enugu Chamber of…
LAGOS MARCH 23RD (NEWSRANGERS)-Professor Kingsley Chiedu Moghalu, former Deputy Governor of Central Bank of Nigeria, attributed Nigeria’s economic poor performance to lack of worldview that will help it realize its potential Professor Moghalu stated this in Lagos at the 2018 edition of The Bullion Lecture, the annual lecture series of Centre for Financial Journalism (CFJ…
LAGOS MARCH 23RD (NEWSRANGERS)-Nasir el-Rufai, governor of Kaduna state, says it is incorrect to say the execution process of the economic and recovery growth plan (ERGP) does not truly reflect the needs of Nigerians. He said this in response to a statement made by Bill Gates at the expanded national economic council presided over by…
LAGOS MARCH 23RD (NESRANGERS)-The present economic templates being used by the Muhammadu Buhari government do not have the ability to address the unique needs of Nigerians at present, American business magnate, Bill Gates, has said. The philanthropist and founder of Microsoft corporation however said Nigeria has the ability to approach ‘upper middle-income status’ like Brazil,…
