LAGOS MARCH 16TH (NEWSRANGERS)-THE decision of the federal government, through the Central Bank of Nigeria (CBN) to introduce the cashless policy in January, 2012, with Lagos serving as the pilot scheme, was no doubt, without the usual mixed feelings. While many Nigerians were in bed with the apex bank’s position that the policy would go…
LAGOS MARCH 16TH (NEWSRANGERS)-The price of liquefied natural gas (LPG), also known as cooking gas, has once again been reduced, according to a market survey by Legit.ng. Nigerians have also taken to social media to share the new prices at which dealers are selling cooking gas, expressing a sigh of relief. New data showed that…
LAGOS MARCH 16TH (NEWSRANGERS)-Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is according to a statement on Thursday by the spokesman of Renaissance Africa Energy Holdings Tony Okonedo who said the acquisition was completed on the same day. “This follows the…
LAGOS MARCH 16TH 9NEWSRANGERS)-The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol from N825 per litre to N815 per litre. It was gathered that the new pricing structure introduced on Thursday was…
LAGOS MARCH 12TH (NEWSRANGERS)-The landing cost of premium motor spirit dropped to N774.82 per litre, cheaper than the ex-depot price of Dangote Refinery’s fuel, which stood at N825 per litre. This is according to the latest competency centre daily energy data released by the Major Energies Marketers Association of Nigeria on Tuesday. Data from MEMAN…
LAGOS MARCH 10TH (NEWSRANGERS)-Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of challenging top producers Ivory Coast and Ghana, where crops have been ravaged by climate change and disease. Nigeria has struggled to diversify its oil-dependent economy but investors have taken another look at cocoa…
LAGOS MARCH 8TH (NEWSRANGERS)- – The Congress of Nigerian Maritime Media Practitioners (CONMMEP) today extended its warmest congratulations to women around the world on the occasion of International Women’s Day. This year’s celebration honors the vital contributions women make to society, with a particular focus on their growing presence in the maritime sector. As the…
LAGOS MARCH 8TH (NEWSRANGERS)-Ihuoma NZ LIMITED an African Diagnostics and Analysis Laboratories, which is the establishment project for the first private company in Niger Republic and west Africa specialized in services and consulting for crop management. According to one of the directors, Jeff Kings, it has become urgent at this momentous epoch in Africa to…