LAGOS SEPTEMBER 6TH (NEWSRANGERS)-Nigeria, Africa’s largest economy, has emerged as the world’s most cryptocurrency-aware nation, according to the results of a global survey conducted by ConsenSys and YouGov. The survey aimed to provide insights into how various countries perceive cryptocurrencies and the broader Web3 ecosystem. The primary findings of the poll suggest that Nigeria and…
LAGOS SEPTEMBER 4TH (NEWSRANGERS)-Banks in Nigeria have issued a notice to embark on a two-day nationwide strike. The banks said financial services would be withdrawn on September 5 and 6, 2023. The National Union of Banks, Insurance and Financial Institution Employees gave the directive in a memo dated September 2, 2023, signed by the union’s…
LAGOS AUGUST 31ST (NEWSRANGERS)-Dangote Cement Plc has said that its cement price is in line with or lower than prices across the West African coast. The company also said that the price of a bag of cement from its factories across Nigeria had not increased, contrary to viral reports across various media. There had been…
LAGOS AUGUST 27TH (NEWSRANGERS)-Aliko Dangote, Africa’s richest man, is facing mounting criticism from Nigerians questioning the fairness of his business empire. With a total of 15,200 tweets at the time of this report, Dangote Group’s leader has come under public scrutiny for the reported disparities in the prices of his cement products across Africa. According…
LAGOS AUGUST 27TH (NEWSRANGERS)-Mr. Chiejina Harry, an entrepreneur and the CEO of HarryskyshowNG, a leading e-commerce platform, has disclosed how he got into cryptocurrency business and launched his company seven years ago. In an interview with NewsRangers, Chiejina recalled he started as a worker as installer of car tracking device with a brand named…
LAGOS AUGUST 25TH (NEWSRANGERS)-The leadership of the Nigerian Maritime Administration and Safety Agency (NIMASA) has come under fire as 17 vessels and helicopters it acquired in 2019 to fight insecurity on Nigerian waters have not yet been deployed, SaharaReporters has learnt. Sources told SaharaReporters that apart from the fact that the kind of vessels imported…
LAGOS AUGST 17TH (NEWSRANGERS)-Nigeria’s state-oil firm NNPC said on Wednesday it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim Bank that will support the government’s reforms to stabilize the exchange rate market. A commitment letter and term sheet was signed on Wednesday for an emergency $3 billion crude oil repayment loan,…
LAGOS AUGUST 16TH (NEWSRANGERS)-Nigeria is considering selling stakes in about 20 state-run companies in a bid to raise funds and improve governance at the entities, Bloomberg reported on Tuesday. The Nigerian National Petroleum Company Limited (NNPC) is among firms the government may sell a stake in, according to the chief executive officer at the Ministry…