LAGOS JULY 2ND (NEWSRNAGERS)-Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (PMS) to ₦840 per litre, representing a ₦40 drop from its previous rate of ₦880. The price cut comes amid concerns over rising pump prices and ahead of a planned nationwide distribution rollout scheduled for August 15. The announcement was…
LAGOS JULY 1ST (NEWSRNAGERS)-The Comptroller-General (C-G) of the Nigeria Customs Service (NCS), Mr. Wale Adeniyi, has been elected as Chairman of the World Customs Organisation (WCO) Council. The election was held during the concluding session of the 145th/146th WCO Council Meetings, yesterday, at the WCO Headquarters in Brussels. The WCO is the highest decision-making body…
LAGOS JUNE 27TH (NEWSRNAGERS)-The Cable NG reports that the market capitalisation of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated by 1.27 percent at the close of trading. According to data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion after its…
Mr Osagie and Mrs Soala Okunbor during the retirement event in Lagos. LAGOS JUNE 27TH (NEWSRANGERS)-Country Chair, Shell Companies in Nigeria, Osagie Okunbor who retires at the end of this month, has been commended for his role and record in the…
LAGOS JUNE 27TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC Ltd.) has raised the alarm over an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors, both outside and within various levels of the organisation. NNPCL in a statement titled, “Coordinated Sabotage Campaign Against NNPC Limited’s Leadership” signed by…
LAGOS JUNE 26TH (NEWSRNAGERS)-Again, the Senate has issued a 10 day ultimatum to the Nigerian National Petroleum Company Limited NNPCL to respond to 11 critical financial queries related to discrepancies in its audited financial statements, warning that failure to comply could attract serious constitutional consequences. The Committee on Public Accounts, Senator Aliyu Wadada, SDP, Nasarawa…
LAGOS JUNE 26TH (NEWSRANGERS)-Reports published by Sahara Reporters on June 25 claimed that Fidelity Bank’s MD, Dr. Nneka Onyeali-Ikpe was a party to an ongoing case involving fraud on Woobs Resources account with the bank. This is however not true. The charge sheet dated 12 May 2025 (sighted by this reporter) stated that the…
LAGOS JUNE 25TH (NEWSRANGERS)-Shell Nigeria is celebrating Country Chair Osagie Okunbor, who is retiring this month after 39 years of service. Stakeholders in the oil and gas industry, including government functionaries, regulators, and chief executives of indigenous and international oil companies are joining to honour Okunbor at the milestone ceremonies which began in Abuja last…