LAGOS MARCH 24TH (NEWSRANGERS)-Travellers and travel stakeholders have expressed mixed feelings over the reduction of Basic Travelling Allowance and Personal Travel Allowance (BTA/PTA) to $2000 from $4000. The development which took effect immediately is said to have disrupted the travel plans of some travellers amidst pressure at the black market. With the new policy, Form…
LAGOS MARCH 24TH (NEWSRANGERS)-The Honourable Minister Of Transportation, Mu’azu Jaji Sambo has called on all Muslim faithful to pray for Nigeria in the holy month of Ramadan. Sambo while sharing the Ramadan goodwill message urged members of the public to share love among themselves, especially with the less privileged, and pray for our dear Nation…
LAGOS MARCH 15TH (NEWRANGERS)-Nigeria launched a $672 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa’s largest economy. The fund – targeting 15 to 35-year-olds – comes at a time when there are concerns locally about the failure of U.S. startup-focused lender SVB Financial…
LAGOS MARCH 11TH (NEWSRANGERS)-There was a protest on Wednesday by some traders selling items on the premises of the Lagos State Vehicle Inspection Centre’s headquarters in the Ojodu area of the state. PUNCH Metro gathered that the traders, on Wednesday, arrived to open their shops on the premises also housing the Federal Road Safety Corps,…
LAGOS MARCH 8TH (NEWSRANGERS)-The Federal Operations Unit, Zone A of the Nigeria Customs Service (NCS) on Tuesday said its officials have busted and arrested a two-man syndicate who specializes in forging Customs clearing documents. This is even has the Unit revealed that as at the time of arrest, the syndicate were set to bring in…
LAGOS MARCH 6TH (NEWSRANGERS)-Organised Labour in the Maritime industry has issued a 14-day strike notice to the Federal Government over the refusal of the International Oil Companies, IOCs, to obey Marine Notice 106 and extant Stevedoring regulations, among other grievances. Under the aegis of the Maritime Workers Union of Nigeria, MWUN, other grievances of organised…
LAGOS MARCH 4TH (NEWSRANGERS)-Nigeria’s Supreme Court on Friday ordered the central bank to extend until Dec. 31 the use of old banknotes, whose withdrawal from circulation became an election issue after it caused cash shortages, widespread hardship and anger. The timing left many Nigerians fed up, hungry and exhausted right before a national election to…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-The African diaspora, made up of individuals and communities of African descent living outside the continent, has long been a source of financial support for African countries. In recent years, the shift towards digitalisation has made it easier for diaspora investors to connect with and invest in African businesses and projects. “We…