LAGOS SEPTEMBER 21ST (NEWSRANGERS)-The refineries in Port Harcourt, Kaduna, and Warri are rotting away despite the over $3bn contract sum to resuscitate them, Sunday PUNCH findings have revealed. Visits to the refineries by our correspondents in Rivers, Kaduna and Delta states confirmed that the humongous amount, which is now subject of investigation by the Economic…
LAGOS SEPTEMBER 18TH (NEWSRANGERS)-The Joint Tax Board (JTB) has said that Nigerians without Tax Identification (Tax ID) can continue to operate bank accounts beyond January 1, 2026. The four new Tax Acts recently signed by President Bola Tinubu will come into effect from January 1, 2026. The JTB in a statement, yesterday, in Abuja, was…
LAGOS SEPTEMBER 18TH (NEWSRANGERS)-Private depots in Lagos and environs were deserted, yesterday, as the Dangote Petroleum Refinery rolls out its direct petrol supplies. Checks by Vanguard indicated that private depots were deserted because the operators expected to benefit from the direct supplies. A source that pleaded to be anonymous, said: “The Dangote Petroleum Refinery has…
By Iking Ferry LAGOS SEPTEMBER 15TH (NEWSRANGERS) -Last week, I was in a bank when Mama Ngozi, the same woman that sells tomatoes in Ajah Market, came to withdraw money. She wanted to buy bags of tomatoes for resale. But the cashier told her: “Madam, from January 1st, 2026, you can’t operate this account…
LAGOS SEPTEMBER 13TH (NEWSRANGERS)-The Dangote Petroleum Refinery has announced it will begin the direct distribution of Premium Motor Spirit (PMS) to filling stations across Nigeria from Monday, September 15, 2025, with a corresponding reduction in pump prices. In a statement on Thursday, the company said the gantry price has been reduced to N820 per…
LAGOS SEPTEMBER 11TH (NEWSRANGERS)– Renaissance Africa Energy Company Limited and the Nigerian Navy have committed to a partnership to strengthen maritime security that would support improved crude oil and gas production across the company’s operational assets in the Niger Delta. The commitment was the highlight of a high-level meeting held on Monday at the…
LAGOS SEPTEMBER 11TH (NEWSRANGERS) – The leadership of the Renaissance Africa Energy Company Limited paid a courtesy visit to the Headquarters of the Nigerian Navy on Tuesday in Abuja, to reiterate the company’s commitment to continue to collaborate with key government institutions in the drive to improve Nigeria’s production and export of oil and…
LAGOS SEPTEMBER 10TH (NEWSRANGERS)-Larry Ellison has overtaken Elon Musk as the world’s richest person after shares in his software giant Oracle soared on Wednesday. Ellison’s fortune was up $101 billion mid-morning after the company’s revenue forecasts for the next five years caused its market value to rise 44% to more than $959 billion. The…