LAGOS FEBRUARY 14TH (NEWSRANGERS)-Nigerian Breweries Plc has issued a new price review notification to all its customers in the West Zone. According to a letter dated Monday, February 12, 2024, the price review, effective Monday, February 19, 2024, is deemed necessary to offset the impact of increased production expenses. “This is to inform you that…
LAGOS FEBRUARY 13TH (NEWSRANGERS)-The International Monetary Fund said Nigeria is facing a worsening economic crisis. The global lender stated this in a new report titled, “IMF Executive Board Concludes Post Financing Assessment with Nigeria.” According to the IMF, stalled per-capita growth, poverty, and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-The United States Coast Guard (USCG) has offered Nigeria a three-year plan to work with the Nigerian Maritime Administration and Safety Agency (NIMASA) for the removal of the Condition of Entry (CoE) placed on American-bound vessels from Nigeria. Cdr. Juliet Hudson at the USCG headquarters in Washington DC disclosed this during a…
Lagos February 12th (newsrangers)-Due to the instability and volatility of foreign exchange in the country, several foreign-used vehicles imported into the country have been abandoned at vehicle terminals in Tin-Can Island Ports Complex, Apapa, LEADERSHIP can report. Aside from abandonment, vehicle Importation has gone down drastically due to the same forex instability and volatility. It…
LAGOS FEBRUARY 11TH (NEWSRANGERS)-The House of Representatives Committee on Ports and Harbours has commended the Nigerian Ports Authority (NPA) for its unprecedented revenue generation and remittance into the Consolidated Revenue Fund (CRF). The committee also praised the authority for its efforts in infrastructure and equipment renewal at the nation’s seaports despite challenges beyond its control….
LAGOS FEBRUARY 8TH (NEWSRANGERS)-There was pandemonium on Wednesday at the Tin-Can Island Port as hoodlums attacked members of the Lagos State Cargo and Transport Committee (LASTCOC), killing one and injuring several others. Confirming the attack to newsmen, a member of the committee, Mr Seyi Adekanbi, said they were going to Tin-Can port to inform sensitive…
LAGOS FEBRUARY 7TH (NEWSRANGERS)-Nigerians are feeling the heat, not just from their stoves, but from their wallets as the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has skyrocketed to N1,300 per kilogram. This sharp increase, up from less than N500 in 2018, has sent shockwaves through households nationwide, adding another layer…
LAGOS FEBRUARY 5TH (NEWSRANGERS)-According to Ethiopia’s Transport Minister, Alemu Sime, the country spent €6 billion alone last year importing gasoline and diesel. Apart from being financially unsustainable, the pollution levels in the cities are out of control. The only way out of the conundrum, according to Minister Sime, is an immediate ban on non-electric vehicles…