Peter Obi Clears The Air On liquidated UK Firm, Next International

LAGOS JANUARY 13TH (NEWSRANGERS)-Labour Party Presidential Candidate, Peter Obi, has cleared the air on the circumstances surrounding the liquidation of one of his companies, Next International (UK) Ltd. A statement issued late Wednesday by Obi-Datti Media Office dismissed speculations that the company was liquidated by UK authorities, explaining that the owners voluntarily liquidated the firm…

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Importation Drops By 40% As Importers Shun Nigerian Ports For Neighbouring Countries

LAGOS JANUARY 12TH (NEWSRANGERS)-Against the backdrop of rising exchange rate and other exogenous factors, importation into the nation’s seaports dropped by 40 per cent, even as importers are abandoning Nigerian ports for neigbouring countries over high cost of doing business  Stakeholders who spoke with Daily Sun yesterday, said that incessant increases in Customs duty, falling of naira…

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President Buhari To Declare Open 9th African Shippers’ Day In Lagos

LAGOS JANUARY 12TH (NEWSRANGERS)-President Muhammadu Buhari is expected to declare open the 9th African Shippers’ Day in Lagos. The event will be hosted by the the nation’s Port Economic Regulator, Nigerian Shippers’ Council in collaboration with Union of African Shippers’ Councils (UASC) will hold the 9th edition of African Shippers’ Day in Lagos from Monday…

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300 People Escape Death As Bird Strike Forces Turkish Airlines Back To Uganda Airport

LAGOS JANUARY 12TH (NEWSRANGERS)- Turkish Airlines flight number 606 was today forced to return to the ground after a bird strike during take-off. The A330 however had to fly around Kampala and Entebbe for over an hour to burn fuel to achive the right weight for landing. According to the Uganda Civil Aviation Authority,  the regulator of…

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Imported Vehicles Trapped As Nigeria Customs Hike Duty On Automobile

LAGOS JANUARY 11TH (NEWSRANGERS)-Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s decision to raise duty on imported vehicles by 10 per cent, The PUNCH has learnt. The agents, in exclusive interview with our correspondent in Lagos on Sunday, accused the service of effecting…

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Group  Hails NUPRC For Demanding Oil Well Owners Names

LAGOS JANUARY 9TH (NEWSRANGERS)-The Human and Environmental Development Agenda (HEDA Resource Centre) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over its decision to identify the real owners of all lease and licence holder operators in Nigeria’s oil and gas sector.  In a statement issued and signed by its Chairman, Olanrewaju Suraju made available…

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