Category archives for: Business

Peter Obi Feliciates Alex Okosi On His Appointment As The MD Of Google Africa

PETER OBI-OKOSI-GOOGLE

LAGOS SEPTEMBER 14TH (NEWSRANGERS)-Peter Obi, the presidential candidate of Labour Party in the 2023 general elections has taken to Twitter to celebrate Alex Okosi.  This followed Okosi’s appointment as the Managing Director of Google Africa.  In a Twitter post, Obi wrote: “I sincerely rejoice with Alex Okosi, a Nigerian who was recently appointed as the […]

How True Is It That CBN Plans To Re-Dominate Naira To Exchange  $1 For N1.25?

CBN-HQ-1

LAGOS SEPTEMBER 14TH (NEWSRANGERS)-A viral message suggests that the Central Bank of Nigeria (CBN), under the directive of President Bola Ahmed Tinubu, plans to re-denominate the Naira by removing two zeroes or shifting two decimal points, accompanied by a transition period during which both old and new Naira would coexist. How true is this claim? […]

U.S. Chamber Of Commerce To Hosts Nigerian President Tinubu For NASDAQ Bell Ringing

TINUBU CHANGES

LAGOS  SEPTEMBER 11TH (NEWSRANGERS)-The U.S. Chamber of Commerce’s U.S.-Africa Business Center will host Nigerian President Bola Tinubu to ring the NASDAQ closing bell on Wednesday, September 20, 2023 at the NASDAQ world  headquarters. .   Press statement made available to NewsRangers via email disclosed that the U.S. Chamber’s bell ringing ceremony with President Tinubu would […]

US Justice Dept. Sues Google Over Abuse Of Power On Online Search Services

GOOGLE AND US JUSTICE DEPT

LAGOS SEPTEMBER 11TH (NEWSRANGERS)-A federal judge will start hearing claims this week from the Justice Department and a group of states that Google abused its power as a monopoly over online search services. Google is synonymous with looking for information online and has leveraged its massively successful search tool to build a giant business spanning […]

Fuel Prices Expected To Rise Again As Oil Cost Climbs Above $90 A Barrel

fuel-pump-located_6dbb13d08e711e0

LAGOS SEPTEMBER 6TH (NEWSRANGERS)-Motorists are braced for higher pump prices after the cost of oil climbed above $90 a barrel for the first time this year as Russia and Saudi Arabia extended cuts to supplies. Oil jumped to its highest price since last November, after the two oil-rich nations said they would prolong a plan […]

Nigeria Leads Global Rankings In Cryptocurrency Awareness-Survey

CRYPTOCURRENCY

LAGOS SEPTEMBER 6TH (NEWSRANGERS)-Nigeria, Africa’s largest economy, has emerged as the world’s most cryptocurrency-aware nation, according to the results of a global survey conducted by ConsenSys and YouGov. The survey aimed to provide insights into how various countries perceive cryptocurrencies and the broader Web3 ecosystem. The primary findings of the poll suggest that Nigeria and […]

Nigerian  Banks To Go On Nationwide Strike From Tuesday

BANKS

LAGOS SEPTEMBER 4TH (NEWSRANGERS)-Banks in Nigeria have issued a notice to embark on a two-day nationwide strike. The banks said financial services would be withdrawn on September 5 and 6, 2023. The National Union of Banks, Insurance and Financial Institution Employees gave the directive in a memo dated September 2, 2023, signed by the union’s […]

Dangote Reacts To High Cement Price Criticism

DANGOTE AND CEMENT

LAGOS AUGUST 31ST (NEWSRANGERS)-Dangote Cement Plc has said that its cement price is in line with or lower than prices across the West African coast. The company also said that the price of a bag of cement from its factories across Nigeria had not increased, contrary to viral reports across various media. There had been […]

Nigerians Slam Dangote Over  “Exorbitant” Cement Price

DANGOTE AND CEMENT

LAGOS AUGUST 27TH (NEWSRANGERS)-Aliko Dangote, Africa’s richest man, is facing mounting criticism from Nigerians questioning the fairness of his business empire. With a total of 15,200 tweets at the time of this report, Dangote Group’s leader has come under public scrutiny for the reported disparities in the prices of his cement products across Africa. According […]

Chiejina Harry: How I Grew From Technician To Building Secured  Crytocurrency Platform In Nigeria

CHIEJINA HARRY

  LAGOS AUGUST 27TH (NEWSRANGERS)-Mr. Chiejina Harry, an entrepreneur and the CEO of HarryskyshowNG, a leading e-commerce platform, has disclosed how he got into cryptocurrency business and launched his company seven years ago. In an interview with NewsRangers, Chiejina recalled he started as a worker as installer of car tracking device with a brand named […]

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