LAGOS FEBRUARY 12TH (NEWSRANGERS)-A public policy think tank, the NEO AFRICANA CENTRE (NAC), has expressed concern over the tension in the country occasioned largely by the currency swap that has led to the ongoing cash that the people are experiencing. The Centre said that while it is worried about the scarcity of both the old…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-A branch of the Guaranty Trust Bank in the Mararaba area of the Federal Capital Territory was reportedly engulfed in flames in the early hours of Friday, The PUNCH reports. The GTBank branch is located along the Nyanya and Mararaba Expressway before Abacha Road, Karu. Mararaba is a border town, between the…
LAGOS FEBRUARY 10TH (NEWSRANGERS)-Labour Party (LP) Presidential Candidate in the February 25, 2023 Election, Peter Obi with the Titans of Corporate Nigeria, Aliko Dangote, President of the Dangote Group (3rd left), Tony Elumelu, Chairman, UBA PLC & Heirs Holdings (2nd left), Femi Otedola, Executive Chairman, Geregu Power PLC (2nd right), Aigboje Aig-imoukhuede, former GMD,…
LAGOS FEBRUARY 9TH (NEWSRANGERS)-The Telecommunication and Technology Sustainability Working Group (TTSWG), a consortium of key stakeholders and professionals synergising to promote sustainability in the sector, had an annual end-of-year meeting for its members and other stakeholders in December 2022 in Victoria Island, Lagos. The event, tagged ‘Sip and Tech’, provided the opportunity for networking, bonding,…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The managing director of the Yobe Micro Finance Bank, Sheriff Almuhajir, has alleged that the sum of N4.3 billion approved by the Central Bank of Nigeria, CBN, for banks in Yobe State has been diverted elsewhere. Mr Almuhajir made the claim in a video posted on his Facebook page on Tuesday. “My people…
LAGOS FEBRUARY 7TH (NEWSRANGERS)-A loud whir fills the back of a print shop in Nigeria’s capital Abuja as machines churn out grinning faces of presidential election frontrunners. The country’s election advertizing campaign season is in full throttle. The run-up to a vote is usually a chance for small businesses like Shimatex Prints to cash in…
LAGOS FEBRUARY 4TH (NEWSRANGERS)-Following the recent completion and commissioning of the $1.5 billion Lekki deep seaport, some landlocked countries have indicated interest in moving their cargoes from Lekki in Lagos to other African countries, given the opportunity of smooth operations and efficiency of the port. This comes as the newly inaugurated Dala Dry Inland Port…
LAGOS FEBRUARY 4TH (NEWSRANGERS)-Former presidential candidate of the African Democratic Party, ADC and CBN Deputy Governor, Kingsley Moghalu has said the country’s currency, Naira, has become a commodity in the black market. Moghalu also said the current scarcity of the Naira was a way of the currency responding to its smuggling, arbitrage and other forms…