LAGOS JUNE 23RD (NEWSRNAGERS)-The Congress of Nigerian Maritime Media Practitioners (CONMMEP) wishes to congratulate the Comptroller General of Customs, Bashir Adewale Adeniyi MFR as he marks one year of brilliant performance and outstanding records of achievements as the helmsman of Nigeria Customs Service -NCS CONMMEP, an association that accurately reports events in the Maritime sector,…
LAGOS JUNE 20TH (NEWSRANGERS)-Indian steel maker, Aarti, is exiting the Nigerian manufacturing sector, joining a long list of companies leaving the country on account of economic woes, BusinessDay can authoritatively confirm. The Ota, Ogun State-based steel maker, has already been put up for sale and big players have submitted unconfirmed bids ranging between $50…
LAGOS JUNE 20TH (NEWSRANGERS)-Elon Musk has boldly declared that the future will be dominated by Neuralink users, potentially eliminating the need for phones. Responding to a parody account of himself on X, Musk tweeted, “In the future, there will be no phones, just Neuralinks,” highlighting his vision for the company’s brain chip technology. The tweet…
LAGOS JUNE 20TH (NEWSRANGERS)-As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week, London-based Diageo Plc sold its controlling stake in Guinness Nigeria Plc to Singapore’s Tolaram Group Inc. The Fouani Group, a local firm, operates a diaper and sanitary pad plant in a complex…
LAGOS JUNE 16TH (NEWSRNAGERS)-Ghana state-owned electricity companies have announced an interruption in power supply over reduced gas supply in Nigeria. In a joint statement on June 13, the Ghana Grid Company LTD (GRIDCO) and the Electricity Company of Ghana (ECG) said the gas supply shortage is expected to last for three weeks. “The Ghana Grid…
LAGOS JUNE 11TH (NEWSRANGERS)-Singapore Airlines has offered US$10,000 compensation payments to passengers who suffered minor injuries during a flight last month that hit sudden, extreme turbulence. On Tuesday, the airline announced that it had sent compensation offers to passengers who were on board flight SQ321 from London to Singapore on 20 May, which dropped 54…
By Simon Okeke LAGOS JUNE 6TH (NEWSRANGERS)-When the previous CEO of FirstBank resigned abruptly, like a janitor who comes to work and quits the same day, without the months-long notice we typically expect from bank leaders, I sensed something was amiss. I wrote, “I just hope it is well with him and his family as…
LAGOS JUNE 5TH (NEWSRANGERS)-Former Anambra Governor and the presidential candidate of the Labour Party in the last general election, Peter Obi, yesterday, said that the Central Bank of Nigeria’s (CBN) revocation of Heritage Bank’s operating licence, has a far-reaching impact on the bank’s depositors given the current hardship in the country. Obi, who stated this…