LAGOS AUGUST 18TH (NEWSRANGERS)-The House of Representatives’ Committee on Finance has invited the Office of the Accountant-General of the Federation, the Nigeria Customs Service and the Budget Office of the Federation to appear on Monday and explain issues surrounding the collection and appropriation of the Nigerian Shippers’ Council, especially a two per cent Ports Development…
LAGOS AUGUST 18TH (NEWSRANGERS)-The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to N15.51tn, rising by 2,286 per cent in six years, data collated from the CBN have shown. The N15.51tn owed by the Federal Government to the central bank is not part of the country’s…
LAGOS AUGUST 18TH (NEWSRANGERS)-Algeria, defending champion of the African Cup of Nations (CAN), will face Sierra Leone, Equatorial Guinea and Ivory Coast, in the clash of Group E of the 2022 edition (January 9-February 6), according to the draw made in Yaoundé on Tuesday. Cameroon, host country of the competition and second most titled nation…
LAGOS AUGUST 18TH (NEWSRANGERS)-The visit of President Muhammadu Buhari and Bola Tinubu to the United Kingdom for medical care amid the ongoing strike by the National Association Residents Doctors (NARD) has sparked outrage across the country. Resident doctors have been on strike for over 15 days in protest of government’s failure to respect agreements on…
LAGOS AUGUST 18TH (NEWSRANGERS)-Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal in which bank officials and a businessman colluded to siphon the said amount from a customer’s account. The case which is currently before an Ikeja High Court, Lagos, details how an official of the bank, Ifeanyichukwu Shallom Isituah and a…
LAGOS AUGUST 18TH (NEWSRANGERS)-The Central Bank of Nigeria has warned that abusers of naira notes will be prosecuted by the financial regulator in collaboration with other regulatory bodies such as the Nigeria Police Force, Federal Inland Revenue Service, the Economic and Financial Crimes Commission and the Nigerian Financial Intelligence Unit. The warning, according to the…
LAGOS AUGUST 18TH (NEWSRANGERS)-The Controller General of Nigeria Customs Service, Hameed Ali, has blamed the Nigerian National Petroleum Corporation (NNPC) for the high rate of smuggling of fuel across Nigerian borders. He said he had on many occasions proposed to the NNPC to establish petroleum retail outlets in neighbouring countries to curtail smuggling of fuel…
LAGOS AUGUST 18TH (NEWSRANGERS)-Cristiano Ronaldo has been linked with rumored transfers to the likes of Real Madrid, Manchester City and PSG, but the 36-year-old Portuguese superstar has called those reports “disrespectful” and “just talk” in a rather peculiar statement posted on his Instagram account. With less than one full year remaining on his current contract…
