Business – Page 8 – NEWS RANGERS

Maritime Stakeholders Hail NPA, Police Crack Down On Illegal Checkpoints Along Apapa, Tin Can Port Corridors

News Rangers3 months ago05 mins

LAGOS JUNE 24TH (NEWSRANGERS)-The Nigerian Ports Authority (NPA) and the Nigeria Police Force have launched a coordinated crackdown on unauthorized checkpoints and illegal roadblocks along the Apapa and Tin Can Island port corridors, a move aimed at reducing congestion, eliminating extortion, and improving cargo movement across Nigeria’s busiest maritime routes. The initiative was announced…

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Maritime Media Practitioners To Hold 2-Day AGM, Award Ceremony With Lecture On Maritime Security

News Rangers3 months ago02 mins

LAGOS JUNE 21ST (NEWSRANGERS)-The Congress of Maritime Media Practitioners (CONMMEP), a courageous and consistent Media Advocacy group has announced its 2026 Annual General Meeting (AGM), Lecture and Awards Ceremony. The event, themed -“Maritime Security, Trade Facilitation & The Media”, will hold over two days in Lagos. As the nation is about entering electioneering season…

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Shell Appoints Elohor Executive Vice President And Country Chair Nigeria As Marno Bows Out

News Rangers3 months ago03 mins

LAGOS JUNE 17TH (NEWSRANGERS)-Former Managing Director Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni, currently on assignment as Asset Director at Brunei Shell Petroleum, has been named Executive Vice President and Country Chair Nigeria, taking over from Marno de Jong who leaves Shell to pursue an opportunity elsewhere, after a 34-year career…

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Negative Reactions Trail Apapa Customs Newly Introduced Access Control As Agents Set For Showdown

News Rangers3 months ago04 mins

LAGOS JUNE 15TH (NEWSRNAGERS)-Negative reactions have began to trail the Customs Area Controller, Apapa Command of Nigeria Customs Service, Compt Emmanuel Oshoba, over his recent announcement that the command was restricting stakeholders access to the command’s premises as part of security awareness. In a widely circulated notice to all licensed customs agents on Sunday,…

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Shell Identifies Strategic Pathways To Advance Gas Utilisation At Abuja Business Forum

News Rangers4 months ago03 mins

LAGOS JUNE 9TH (NEWSRANGERS)-Shell Nigeria Gas (SNG) has been sharing its experiences as it pioneered gas distribution nearly 30 years ago, saying the expansion of pipeline natural gas infrastructure and the market‑making role of gas distributors have been critical in moving gas from a policy aspiration to a practical energy solution for Nigerian industries. “When…

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Importers Abandon Nigerian Ports For Benin, Ghana, Togo Due To High Tariff

News Rangers4 months ago04 mins

LAGOS MAY 27TH (NEWSRANGERS)–Importers have abandoned Nigerian ports for Benin, Ghana, Togo and Burkina Faso due to the increase in tariffs by shipping lines, hike in terminal charges, poor services, delays in refunding container deposits, unapproved charges and other financial irregularities amounting to billions of naira. The Board of Trustees of Importers Association of Nigeria…

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Nigeria Govt Cancels $717m World Bank Power Loan Amid Blackouts

News Rangers4 months ago09 mins

LAGOS MAY 26TH (NEWSRANGERS)-The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a $1.52bn power sector recovery programme amid mounting tariff shortfalls, worsening financial pressures, and persistent implementation challenges across the industry. Documents obtained by The PUNCH from the World Bank website…

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Global Oil Prices Fall As US, Iran May Be Announcing Terms For Peace Negotiations

News Rangers4 months ago04 mins

LAGOS MAY 23RD (NEWSRANGERS)-Oil prices abruptly reversed course Thursday afternoon, turning from gains to losses on news that the US and Iran may be only hours away from announcing terms for peace negotiations. Futures on Brent crude (BZ=F), the international benchmark, fell 2.6% to trade around $102.30 per barrel after gaining as much as…

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