Business | NEWS RANGERS

Hardship: FG Announces Plan To Scrap Taxes On Market, Haulage, Business Premises, Others

LAGOS SEPTEMBER 25TH (NEWSRANGERS)-In a bid to alleviate economic hardship and support small businesses, the Federal Government has announced plans to scrap several taxes affecting vulnerable populations and small-scale enterprises. The decision was part of the resolutions at the Federal Executive Council (FEC) meeting held on Monday, chaired by President Bola Tinubu. The FEC approved […]

Sep 25 2024 | Posted in Business,National | Read More »

Nigerians React To Libya Sale Of Petrol At N52/litre

LAGOS SEPTEMBER 24TH (NEWSRANGERS)-Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan Dinar per litre, equivalent to approximately $0.032 or N52 as of September 16, 2024. This is according to a report by Global Petrol Prices, a platform that tracks retail petrol prices across […]

Sep 24 2024 | Posted in Business,International,National | Read More »

Dangote Calls For Complete Removal Of Subsidies, Gives Reasons

LAGOS SEPTEMBER 24TH (NEWSRANGERS)-The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has called on the Federal Government to end fuel subsidies completely. He said the removal would help determine the actual petrol consumption in the country, as he confirmed ownership of two oil blocks in the upstream sector with an expected production […]

Sep 24 2024 | Posted in Business,National | Read More »

NNPCL Moves To Revitalize Brass, Olokola LNG Projects

LAGOS SEPTEMBER 24TH (NEWSRANGERS)-In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines of […]

Sep 24 2024 | Posted in Business,International,National | Read More »

Driving Nigeria’s ICT Growth: The Path to Realising Our Tech Potential

By Oluwole Asalu LAGOS SEPTEMBER 20TH (NEWSRANGERS)-Nigeria is on the verge of a significant technological shift, with vast untapped potential in the Information and Communications Technology (ICT) sector. However, while the opportunities are abundant, challenges such as infrastructure gaps, regulatory hurdles, and the need for targeted investments in education remain. Nigeria’s large, youthful population is […]

Sep 20 2024 | Posted in Business,National | Read More »

OPEC Scribe Gives Reason Behind High Fuel Prices In Nigeria

LAGOS SEPTEMBER 20TH (NEWSRANGERS)-Nigeria’s fuel price hike has sparked widespread concerns, with many pointing fingers at oil producers, particularly local operators like Dangote Refinery. However, OPEC Secretary General, Haitham Al Ghais, has set the record straight, revealing that the real reasons behind high fuel prices lie elsewhere—primarily in taxes imposed by governments, including those of […]

Sep 20 2024 | Posted in Business,National | Read More »

NNPC Ltd/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off

LAGOS SEPTEMBER 19TH (NEWSRANGERS)-The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural US-Nigeria Strategic Energy Dialogue, hosted by the U.S. State Department in […]

Sep 19 2024 | Posted in Business,National | Read More »

NNPCL Releases Estimated Pump Prices Of PMS From Dangote Refinery

LAGOS SEPTEMBER 16TH (NEWSRANGERS)- The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. The NNPC Ltd also wishes to state that, in line with the provisions of the Petroleum Industry Act (PIA), PMS prices are not set […]

Sep 16 2024 | Posted in Business,National | Read More »

Germany To Absolve 250,000 Kenyan Workers In Labour Migration Deal

LAGOS SEPTEMBER 14TH (NEWSRANGERS)-Germany has agreed to open the doors to 250,000 skilled and semi-skilled Kenyan workers in a controlled and targeted labour migration deal. Kenya is struggling with increasing difficulties in providing work and sufficient income for its young professionals, while Germany is facing a shortage of skilled labour. Five Kenyan bus drivers […]

Sep 14 2024 | Posted in Business,International,National | Read More »

GOCOP Partners NCDMB, EMADEB, Dangote, NCAA, Setraco, UBA, NCC, Others For 2024 Conference

LAGOS SEPTEMBER 14TH (NEWSRANGERS)-Partners for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) have begun to emerge with the Nigerian Content Development and Monitoring Board (NCDMB), Emadeb Group and Dangote Group leading the train of partners for the event slated for Thursday, October 3, 2024 at the Reverton Hotel, GRA Lokoja, […]

Sep 14 2024 | Posted in Business,National | Read More »