LAGOS AUGUST 10TH (NEWSRANGERS)-Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021 driven by rising global demand as restrictions are eased, untapped market opportunities, a rebound in commodity prices and a rise in oil prices. Leading data and analytics…
LAGOS AUGUST 10TH (NEWSRANGERS)-Judgment day finally came for two Nigerian fraudsters, Tobilola Ibrahim Bakare and Alimi Seun Sikiru as they lost cash and properties in upscale Lekki axis of Lagos to the Federal Government following their arrest and successful prosecution by the Economic and Financial Crimes Commission, EFCC. The forfeited assets include the sums of…
LAGOS AUGUST 10TH (NEWSRANGERS)-Nigerian security forces searched Monday for a Swiss man and his Nigerian colleague after the pair were abducted by gunmen in the country’s southwest. The Swiss national was kidnapped along with a Nigerian citizen on Saturday, Ogun state police spokesman Abimbola Oyeyemi said. Two of the gunmen were shot dead by police…
LAGOS AUGUST 10TH (NEWSRANGERS)-In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. The company today is announcing its $1.3 million…
LAGOS AUGUST 10TH (NEWSRANGERS)-A leader of Nigeria’s Jewish community, jailed for a month without charge after being arrested with three visitors from Israel, has been freed. Authorities suspected the visitors had links with a separatist group which had hailed their arrival in Nigeria. Lizben Agha, from the Igbo ethnic group, was released after appeals, including…
LAGOS AUGUST 7TH (NEWSRANGERS)-Hundreds of Christians, mostly youth, alongside dozens of church leaders of various denominations on Friday staged a peaceful protest over the demolition of the Ekkliziyan Yan’uwa a Nigeria (EYN) Church, otherwise called Church of Brethren in Maduganari, Maiduguri Borno State. A protest erupted on Thursday after the demolition of the church by the…
LAGOS AUGUST 7TH (NEWSRANGERS)-A Sudanese court on Thursday sentenced to death six members of the country’s paramilitary forces convicted of killing six people at a pro-democracy student protest in central Sudan two years ago. Sudan has been on a fragile path to democratic rule since the ouster of longtime dictator Omar al-Bashir in April 2019,…
LAGOS AUGUST 7TH (NEWSRANGERS)-Gunmen on Thursday night attacked the Divisional Police Headquarters in the Orlu Local Government Area of Imo State. The attack claimed the lives of four persons which included a police Inspector and three of the attackers. While parts of the police Division were burnt, cars parked on the premises were not spared….
