By Pam Menaker The lawyer for the families who lost loved ones in two Boeing crashes of 737 MAX jets argued today (Oct. 11, 2024) that the plea deal between the U.S. Department of Justice (DOJ) and Boeing should not be accepted by the federal district court judge in Texas who is overseeing the criminal…
LAGOS OCTOBER 12TH (NEWSRANGERS)-The Eko Electricity Distribution Company (EKEDC) has announced that UNISTAR meters will be phased out by November 14, 2024, urging customers to apply for new meters to avoid being switched to postpaid billing. In a notice posted on Friday, October 11, 2024, the company emphasized that UNISTAR meters are no longer compatible…
LAGOS OCTOBER 11TH (NEWSRANGERS)-A consortium of investors from South Korea has concluded plans to build four 100,000-barrel capacity refineries in various locations in Nigeria, the Federal Government announced on Tuesday. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, stated this at the maiden edition of a summit organised by the Crude Oil…
LAGOS OCTOBER 9TH (NEWSRANGERS)-Access Bank has announced that it will temporarily shut services for a system upgrade aimed at optimising its offerings to customers. In an email sent to its customers on Tuesday, the bank stated that the upgrade will take place in phases, starting on Saturday, October 12, at 10 pm and ending on…
LAGOS OCTOBER 9TH (NEWSRANGERS)-Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri Ph.D. has denied report making the rounds that he directed the Nigerian National Petroleum Company Limited (NNPCL) to stop running its own refineries and focus solely on equity participation in other refineries. A statement signed by the Minister sighted by NewsRangers denied statements…
LAGOS OCTOBER 7TH (NEWSRANGERS)- Nigeria must key into global financial inclusion and the Guild of Corporate Online Publishers (GOCOP) must lead in the awareness that may help Nigeria achieve this. The charge was handed down to GOCOP by Yusuf Mamman, Nigeria’s former ambassador to Spain, chairman of the 2024 Annual General Conference of GOCOP holding…
LAGOS OCTOBER 7TH (NEWSRANGERS)-The Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria (SCiN), Osagie Okunbor, has received an “Award of Excellence to an Astute and Visionary Technocrat” from the newly instituted executive leadership of the Petroleum Technology Association of Nigeria (PETAN). Okunbor received the award…
LAGOS OCTOBER 7TH (NEWSRANGERS)-The Central Bank of Nigeria has released updated saving deposit interest rates for various Deposit Money banks (DMBs). According to CBN, banks now offer an average savings deposit rate of 8.03% compared to the previous average rate of 7.88%. A savings rate is the interest rate Nigerian banks pay their customers to…