LAGOS OCTOBER 4TH (NEWSRANGERS)- As part of the build up to the 7th annual conference of the Guild of Corporate Online Publishers (GOCOP), the group is gearing up to host media managers in both private and public sectors to a business luncheon on Wednesday, October 4 at the Abuja Continental Hotel (Old Sheraton) by 12…
LAGOS OCTOBER 1ST (NEWSRANGERS)-The Human and Environmental Development Agenda (HEDA Resource Centre) has taken a decisive step by formally petitioning the Nigeria Police Force against Max Air, citing grave concerns over the endangerment of lives due to reported safety violations. This move comes in the wake of Max Air’s purported presentation of altered records to…
LAGOS OCTOBER 1ST (NEWSRANGERS)-The Seme Area Command of the Nigeria Customs Service on Saturday said that it had intercepted 105 wild birds being smuggled through Seme-Badagry Expressway. The Controller of the Command, Comptroller Timi Bomodi, in a statement, said that the Duty Paid Value (DPV) of the birds was worth N24,912,928. Bomodi said officers of…
LAGOS SEPTEMBER 29TH (NEWSRANGERS)-Nigeria plans to overhaul its tax system to shift more of the burden to wealthy citizens while cutting corporate taxes. The move — part of President Bola Tinubu’s reforms to overhaul the beleaguered economy – aims to lift the country’s tax take to 18% of gross domestic product within three years from…
LAGOS SEPTEMBER 28TH (NEWSRANGERS)-Due to the rise in foreign exchange rate, the Nigeria Customs Service (NCS), on Tuesday, said vehicle importers abandoned thousands of imported fairly used vehicles at the seaport. Speaking when members of the Association of Nigerian Licenced Customs Agents (ANLCA) paid him a courtesy visit, the Customs area controller, Tin Can Island…
LAGOS SEPTEMBER 28TH (NEWSRANGERS)-Senator Adams Oshiomhole says government must intervene to stabilise the country’s currency, the naira, saying market forces cannot do such. Nigeria’s currency exchanges for close to N1,000 for a dollar in the parallel market and a pound going for around N1,200 months after the Central Bank of Nigeria (CBN) floated the naira….
LAGOS SEPTEMBER 25TH (NEWSRANGERS)-The Cement Producers Association of Nigeria has warned that the ongoing plan of the federal government to introduce concrete roads will raise the price of cement to N9, 000 per bag from the current price of N5, 000. It also called on the current administration to permanently address the perennial cement price…
LAGOS SEPTEMBER 25TH (NEWSRANGERS)-Nigeria’s external debt has surged by N13.38 tn ($17.38 billion) in the second quarter of 2023 due to a significant devaluation of the naira and changes in foreign exchange policies, according to data from the Debt Management Office (DMO). The country’s external debt rose to N33.25 tn ($43.16bn) in Q2 2023 from…