LAGOS FEBRUARY 16TH (NEWSRNAGERS)-If all that glitters are gold then event of Thursday in honour of Comptroller-General of Customs, Bashir Adewale Adeniyi best suit the description. The event put together by Nigeria Maritime journalist held at Oranmiya Hall of Airport Hotel Ikeja, Lagos was a night of praise for the Customs Boss. Present at the…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Shell has identified key enablers for boosting local content in the oil and gas industry, saying strategic partnerships, capacity building and adherence to regulations would help Nigeria to derive more value from the participation of local business in such operations. The remark was made by the General Manager, Nigeria Content Development of…
LAGOS FEBRUARY 14TH (NEWSRANGERS)-Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations if it continues with policies to encourage investments and boost output in the sector, Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Ronald Adams has said. “Deep water is a compelling consideration for Nigeria if the country must meet its oil production targets and implement ambitious…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Nigerians Customs Service has suspended the implementation of the widely criticised four per cent Free-on-Board value on imports. A statement signed by the Customs National Public Relations Officer, Abdullahi Maiwada, disclosed the latest development on Tuesday in Abuja. The amount, as stipulated in Section 18(1)(a) of the Nigeria Customs Service Act…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take effect on March 1, 2025. A circular, signed by John Onojah, the acting director of the financial policy and regulation department, explained that the revised charges aim to address increasing operational costs and…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-MTN Nigeria, one of the country’s leading telecommunications providers, has started significantly increasing its data tariffs. The company also confirmed this in a response shared on its X (formerly Twitter). The company wrote: “Y’ello! Thanks for stopping by, We apologise for any inconvenience and delayed Response. A price increase has been implemented…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-MRS Oil Nigeria Plc has announced a reduction in the prices of Premium Motor Spirit (PMS), popularly known as petrol across in the country. Announcing the reduction on its official X handle on Monday, the company said petrol will now be sold at ₦925 per litre in Lagos, reflecting a drop from…
LAGOS FEBRUARY 10TH (NEWSRANGERS)-The imposition of a four per cent increase in charges on all consignments imported into the country by the Nigeria Customs Service (NCS), last week, drew disapproval from manufacturers, economists and other stakeholders at the weekend. The stakeholders said the hike could plunge Nigerians into deeper financial crisis. Experts also said raising…