Customs Officers Passing Night In Offices Risk Arrest-CAC

LAGOS MAY 26TH (NEWSRANGERS)-The PTML Area Command of Nigeria Customs Service (NCS) has banned its operatives from using their offices as homes. Customs Area Controller of the command, Compt. Ali Mahmud Ibrahim expressed displeasure over intelligence reports that some officers and non-officers of the service turned their offices into bedrooms and kitchens after closing hours….

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CBN Raises Interest Rate from 18% To 18.5%…The Development Is Third This Year

LAGOS MAY 24TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the decision  on Wednesday after the policy-setting committee meeting at the CBN headquarters in Abuja. The development is the third consecutive time the apex bank will be raising…

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