LAGOS FEBRUARY 22ND (NEWSRANGERS)-At least two people have died and more than 50 are missing after a coal mine collapsed in northern China’s Inner Mongolia region on Wednesday, state media reported. The collapse occurred in Alxa League in the western part of the region at around 1 pm (0500 GMT), according to state broadcaster CCTV….
LAGOS FEBRUARY 18TH (NEWSRANGERS)-The Neo Africana Centre (NAC), a public policy think tank, has thrown its weight behind the currency swap policy of the Federal Government which has seen some denominations of the old Naira notes give way to redesigned ones. The Centre said it is persuaded to back the policy following the valuable light…
LAGOS FEBRUARY 18TH (NEWSRANGERS)-The Director General (DG) of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has commended Nigerian Navy for always being proactive and of arrest of a vessel MT Sea Eunice for flouting International Maritime Organisation (IMO) regulation. He assured that NIMASA is committed to inter-agency collaboration with the Nigerian Navy….
LAGOS FEBRUARY 18TH (NEWSRANGERS)-The Director General (DG) of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has reiterated that it has become imperative for African countries particularly in the Gulf of Guinea to assist one another to ensure proper harnessing of the regional maritime potential. Dr Jamoh, who was represented by the Agency’s…
LAGOS FEBRUARY 17TH (NEWSRANGERS)-THE Mobile Money business popularly known as Point of Sales (POS) is crumpling in the State of Osun, investigations have revealed. Majority of the people in the business have abandoned it following their inability to access cash, owing to the lingering cash crunch induced by the Central Bank of Nigeria. OSUN DEFENDER…
LAGOS FEBRUARY 16TH (NEWSRANGERS)-President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500 and N1,000 banknotes for 60 days. He, however, said old N500 and N1,000 banknotes are no longer legal tender in Nigeria. The President, who made this known in…
LAGOS FEBRUARY 16TH (NEWSRANGERS)-Nigerian inflation unexpectedly quickened at the fastest pace in almost two decades, adding to pressure on businesses and consumers before next week’s presidential election. The inflation rate rose to 21.8% in January from 21.3% a month earlier and was the highest since September 2005, according to data published on the National Bureau…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-The supreme court has adjourned the hearing of the case brought against the Central Bank of Nigeria (CBN) on the naira redesign policy to Wednesday, February 22. The supreme court said its order suspending the implementation of the February 10 deadline on the old naira notes still subsists. Ruling on an ex…