LAGOS MARCH 5TH (NEWSRANGERS)-The Nigeria Employers’ Consultative Association has warned that the Ministry of Interior’s expatriate employment levy will deter investment in the country. The association also faulted the levy, saying there would be a need for certain regulations to be put in place before such tax could be imposed. In a statement on Sunday,…
LAGOS MARCH 4TH (NEWSRANGERS)-Peter Obi, the candidate of the Labour Party (LP) in the 2023 presidential election, has lamented over the continuous loss of profit by business organizations in the country. Obi called for a more favorable business environment to enable local and international businesses to thrive. Obi, who made the call while reacting to…
LAGOS MARCH 4TH (NEWSRANGERS)-The House of Representatives has dismissed a petition against the Managing Director of the Nigeria Ports Authority (NPA), Muhammed Bello-Koko. Recall that a Non-Governmental Organisations in Nigeria, had petitioned the House Committee on Public Petitions alleging that the MD recorded a bad debt of N178 billion in the audited financial statement of…
LAGOS MARCH 1ST (NEWSRANGERS)-Wema Bank, Nigeria’s foremost innovative bank and Africa’s first fully digital bank, ALAT, has been recognised as the member of the month by the Fintech Association of Nigeria for its outstanding contributions to the fintech and innovation ecosystem. The Fintech Association of Nigeria [FinTech NGR] is a non-profit and non-political organisation established…
LAGOS FEBRUARY 29TH (NEWSRANGERS)- – Two senior executives at Binance have been detained in Nigeria as the country cracks down on cryptocurrency exchanges, the Financial Times reported on Wednesday, citing people familiar with the matter. The executives flew to Nigeria following the country’s decision to ban several cryptocurrency trading websites last week but they were…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-An intense lobbying is ongoing at the highest hierarchy of the Nigerian government as powerful government officials attempt to cover up a multi-billion naira corruption scandal involving senior officials of the Nigerian Customs Service (NCS), PREMIUM TIMES has gathered. At least 40 NCS personnel, most of them in the service’s highest hierarchy,…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed that more than $26bn was channelled through a cryptocurrency platform, Binance, in the last one year. Cardoso disclosed this on Tuesday at a press briefing after the 293rd meeting of the Monetary Policy Committee in Abuja. The Binance exchange is a…
LAGOS FEBRUARY 26TH (NEWSRANGERS)-The unruly behaviours of intending beneficiaries of the sales of seized rice in Lagos on Friday, February 23rd, 2024 which unfortunately led to a number of death of innocent Nigerians, has made the Nigeria Customs Service to suspend the exercise indefinitely. Announcing the decision to halt the noble exercise in which about…