LAGOS JUNE 7TH (NEWSRANGERS)-Nigeria’s central bank allowed the naira to drop about 2% on the official market to a record low on Wednesday, but the currency’s rate remained above where it trades at central bank auctions and on the black market. Nigeria is trying to find a way to unify its multiple exchange rate system,…
LAGOS JUNE 7TH (NEWSRNAGERS)-Lionel Messi will join Major League Soccer club Inter Miami, according to the BBC, turning down a deal from Saudi Arabia that would have paid him $400 million annually. The Argentine superstar is being offered a profit-sharing agreement with Adidas and Apple, The Athletic reported, citing people familiar with the transaction. Apple…
LAGOS JUNE 7TH (NEWSRANGERS)-Saudi Arabia is hoping to lure a swathe of world-famous footballers including Luka Modric and Hugo Lloris, a source close to the negotiations has told AFP, after snagging Cristiano Ronaldo and launching bids for Lionel Messi and Karim Benzema. “More than 10” seasoned players including N’Golo Kante and Roberto Firmino have been…
LAGOS JUNE 7TH (NEWSRANGERS)-Senegal has temporarily closed its consulates abroad following attacks on diplomatic missions in Bordeaux, Milan, Paris and New York among others, the foreign affairs ministry said on Tuesday. The closures were announced in the wake of deadly unrest that broke out after a leading opposition figure, Ousmane Sonko, was handed a two-year…
LAGOS JUNE 6TH (NEWSRANGERS)-One week after President Bola Tinubu announced the removal of subsidy payment on Premium Motor Spirit also known as petrol, the presidential candidate of the Labour Party (LP) in the February 25, Peter Obi, on Tuesday broke his silence on the much-criticised move. He said rather than go through a “forceful removal”,…
LAGOS JUNE 6TH (NEWSRANGERS)-A private Nigerian Airline, Air Peace Ltd, has sued the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) before the Federal High Court in Lagos over the alleged disruption of its operations by the unions and its officers. The airline is asking the court to award it N1 billion…
LAGOS JUNE 6TH (NEWSRANGERS)-The House of Representatives has poked holes in the purported launch of Nigeria Air at the twilight of the administration of former President, Muhammadu Buhari, declaring it a fraud. Chairman of the House Committee on Aviation, Nnolim Nnaji, declared the launch of Nigeria Air a fraud after the major stakeholders in the…
LAGOS JUNE 6TH (NEWSRANGERS)-Several Nigerian soldiers died in an attack on a military convoy in the Lake Chad region by jihadist fighters aligned with the Islamic State group, security forces said Tuesday. The convoy was hit by militants from the Islamic State West Africa Province (ISWAP) outside the northeastern village of Metele on Friday, leading…
