LAGOS JANUARY 25TH (NEWSRANGERS)-China has responded to U.S. President Donald Trump’s threats of imposing tariffs on goods exported to the United States. Since taking office, the American leader has signed numerous executive orders and reiterated his intention to impose tariffs of up to 20% on many countries trading with Washington. In an interview with Fox…
LAGOS JANUARY 22ND (NEWSRANGERS)-The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Norman Didam over alleged corrupt practices. The 30-month debarment bars Viva Atlantic Limited, Technology House Limited, and Didam from participating in World Bank Group-financed projects…
LAGOS JANUARY 22ND (NEWSRANGERS)-Nigerians have vowed to drag the federal government to court over approval of a 50 percent increase in calls, data, and other telecommunication tariffs. In an instant multiplier effect, Point of Sales Operators have hinted at plans to increase their service charges. The President of the National Association of Telecoms Subscribers, Adeolu…
LAGOS JANUARY 20TH (NEWSRANGERS)-Olufemi Soneye is the Chief Corporate Communications Officer, CCCO, of the Nigerian National Petroleum Company Limited, NNPCL. In this interview, Soneye speaks on the game-changing nature of the ongoing pipelines and depots rehabilitation project which he says is set to resolve longstanding challenges in petroleum supply and strengthen the country’s energy infrastructure…
LAGOS JANUARY 18TH (NEWSRANGERS)-A Nigerian man has turned to social media for help after his account was suspended by a popular mobile bank, leaving him unable to access the ₦250,000 in his account. The individual, who operates a POS service, posted his ordeal on X (formerly Twitter), explaining that he is now in debt to…
LAGOS JANUARY 18TH (NEWSRANGERS)-It is all of 40 years of friendship in ruins as the debt dispute between high-profile Nigerians Nduka Obaigbena and Femi Otedola worsens, findings reveal. First Bank, with Otedola as Chairman, is unrelentingly taking drastic steps to recover an estimated $225.8m from General Hydrocarbons Limited, an oil servicing firm with Obaigbena as…
LAGOS JANUARY 16TH (NEWSRANGERS)-The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Malam Mele Kyari, said on Wednesday in Abuja that the company remitted N10 trillion to the federation account as of September 2024. This was even as he declared that NNPCL remains the only company in Nigeria that publishes 100…
LAGOS JANUARY 16TH (NEWSRANGERS)-Rwanda said Wednesday it had made its first oil discovery, with confirmation of 13 reservoirs in Lake Kivu, which makes up part of its border with DR Congo. “The good news is that we have oil,” Francis Kamanzi, CEO of the Rwanda Mines, Petroleum and Gas Board, told a parliamentary hearing according…