LAGOS JANUARY 30TH (NEWSRANGERS)-The Federal Government has suspended the operations of Max Air, following an incident involving one of its aircraft at the Mallam Aminu Kano International Airport on Tuesday. It can be recalled that a Max Air B734 aircraft, with registration marks 5N-MBD, experienced a tyre burst on landing at about 10:51 pm. However,…
LAGOS JANUARY 28TH (NEWSRANGERS)-Itsekiri leaders of Abigborodo, Obotie and Ugbekoko reiterated that the aforementioned communities are the host communities of the land in which on SEPLAT oil company is operating. The Itsekiri leaders in a press statement issued by the Chairman and Secretary of Abigborodo Management Committee, Hon Misan Ukubeyinje, ESQ and Mr Victor Atseponu…
LAGOS JANUARY 28TH (NEWSRANGERS)-Oil marketers have revealed that the landing cost of Premium Motor Spirit (petrol) as of Friday was N922.65 per litre. Dealers said this cost factors in various expenses including shipping, import duties, and exchange rates. The amount is a considerable reduction of N32.35 from the N955 per litre offered at the…
LAGOS JANUARY 25TH (NEWSRANGERS)-The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump’s tariff threats would have catastrophic consequences for global growth, urging states to refrain from retaliation. WTO Director-General Ngozi Okonjo-Iweala, a former Nigerian finance minister, starts her second term as head of the global…
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…