Nigeria Customs Service Suspend Implementation Of 4% FOB Charge

LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Nigerians Customs Service has suspended the implementation of the widely criticised four per cent Free-on-Board value on imports. A statement signed by the Customs National Public Relations Officer, Abdullahi Maiwada, disclosed the latest development on Tuesday in Abuja. The amount, as stipulated in Section 18(1)(a) of the Nigeria Customs Service Act…

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Nigeria Lawmakers Demand Suspension Of 50% Telecom Tariff Hike

LAGOS FEBRUARY 12TH (NEWSRANGERS)-The House of Representatives has asked the MinisCommunications, Innovation, and Digital Economy to suspend the approval granted to telecommunications companies (telcos) for a 50% tariff increase. The resolution was passed during plenary on Tuesday following the adoption of a motion of urgent public importance sponsored by Oboku Oforji, a Peoples Democratic Party…

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Nigeria Apex Bank Announces New ATM Transaction Fees Effective March 1

LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take effect on March 1, 2025. A circular, signed by John Onojah, the acting director of the financial policy and regulation department, explained that the revised charges aim to address increasing operational costs and…

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Pope Francis Frowns On   Trump’s Mass Deportation Illegal Migrants From US

LAGOS FEBRUARY 12TH (NEWSRANGERS)-Pope Francis has frowned on United States President, Donald Trump’s deportations of illegal migrants from his country. The Pontiff spoke on the issue as Venezuela brought home nearly 200 undocumented migrants from the United States, even as the UN warned there should be no forced returns to the troubled Caribbean country. The…

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Nigerians React As MTN Hikes Data Charges By 200% , Releases New Pricing Structure

LAGOS FEBRUARY 12TH (NEWSRANGERS)-MTN Nigeria, one of the country’s leading telecommunications providers, has started significantly increasing its data tariffs. The company also confirmed this in a response shared on its X (formerly Twitter). The company wrote: “Y’ello! Thanks for stopping by, We apologise for any inconvenience and delayed Response. A price increase has been implemented…

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