LAGOS NOVEMBER 17TH (NEWSRANGERS)-The latest International Monetary Fund (IMF) report on the economic outlook for sub-Saharan Africa has indicated that Nigeria’s ongoing economic reforms are struggling to deliver meaningful results, even 18 months after their implementation. The report, presented on Friday at the Lagos Business School (LBS) by IMF Deputy Director Catherine Patillo, highlighted a…
LAGOS NOVEMBER 16TH (NEWSRANGERS)-Shell companies in Nigeria and staff won awards in recognition of their robust participation at the 42nd Annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE) which ended in Lagos last night. This was as the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo) Ronald Adams…
LAGOS NOVEMBER 14TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revived up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the…
LAGOS OCTOBER 28TH (NEWSRANGERS)-Report indicates that the job title of Senior Software Engineer and 29 others within Nigeria’s workforce typically attract monthly gross salaries of N1,000,000 or more. This is extrapolated from a report titled: Nigerian workplace report 2024 based on a survey conducted by Intelpoint in collaboration with Alt School conducted between December 2023…
LAGOS OCTOBER 25TH (NEWSRANGERS)-The Naira today depreciated to N1,740 per dollar in the parallel market from N1,739 per dollar on Thursday. However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,600 per dollar from N1,601.2…
LAGOS OCTOBER 20TH (NEWSRANGERS)-As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Retail Limited (NRL), a subsidiary of the NNPC Ltd, has sensitized over 1,000 auto mechanics through a comprehensive awareness initiative. The sensitization exercise which took place at…
LAGOS OCTOBER 18TH (NEWSRANGERS)- Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at the just concluded Nigeria Economic Summit in Abuja. Speaking on the theme “Fuelling Growth: The Future…
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…