LAGOS JANUARY 18TH (NEWSRANGERS)-Former Governor of Anambra State and Labour Party’s presidential candidate in the last election, Mr Peter Obi, has explained the motivation behind his extensive contributions to education, healthcare, and empowerment initiatives. Responding to a journalist’s question about his decision to commit over N1.5 billion to humanitarian causes in 2024, during a visit…
LAGOS AUGUST 8TH (NEWSRANGERS)-Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports complex, ‘The Stable, ’ in Surulere, Lagos, included the financial institution’s…
LAGOS JUNE 29TH (NEWSRNAGERS)-The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a report by Bloomberg on Friday, devaluation, insufficient dollar liquidity, and market volatility have hindered efforts by the Central Bank of Nigeria to strengthen the currency. Besides the naira, Egypt’s pound and Ghana’s…
LAGOS DECEMBER 30TH (NEWSRANGERS)-A US-based media company, Bloomberg L.P., has predicted a continued decline of the Nigerian naira in 2024, potentially making it the worst-performing currency globally for the second year in a row. Bloomberg’s market analysis reveals a staggering 55% depreciation of the naira this year, reaching about 1,043 to the dollar as of…
LAGOS NOVEMBER 28TH (NEWSRANGERS)-The Federal Executive Council (FEC), yesterday, approved a total expenditure of N27.5 trillion for next year, endorsing the continuation of spurious appropriation benchmarks and unambitious public spending. Details of the appropriation may be laid before the National Assembly tomorrow. With the 2024 – 2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP),…
LAGOS JULY 23RD (NEWSRANGERS)-The Chief Executive Officer, Financial Derivatives Company Limited, Bismarck Rewane has assured Nigerians that the economic reforms and policies of President Bola Tinubu’s administration will start yielding results from the first quarter of 2024. Rewane said this on Saturday, while speaking on Arise News TV programme, adding that there will be more…
LAGOS SEPTEMBER 8TH (NEWSRANGERS)-Donald Trump has dropped another hint at a White House campaign in 2024, with the former US president telling Indian television that a run for office would “make a lot of people very happy”. “Everyone wants me to run. I am leading in the polls,” Trump said in an excerpt of an…
LAGOS JULY 4TH (NEWSRANGERS)-Confederation of African Football president, Patrice Motsepe, has announced the postponement of the 2023 Africa Cup of Nations finals in Ivory Coast to 2024. Motsepe confirmed the postponement in Rabat, Morocco’s capital on Sunday. The tournament was to be hosted in June-July 2023, which is the height of the rainy season in…