LAGOS NOVEMBER 25TH (NEWSRANGERS)-Take a look at the current exchange rate of the Naira compared to other African countries South Africa: Rand 1= 79 Naira Angola: 1 kwanza = 12 Naira Botswana: 1 Pula = 28 Naira Cape Verde: 1 Escudo = 8 Naira Algeria: 1 Dinar = 12 Naira Egypt: 1 Pound = 35…
LAGOS OCTOBER 8TH (NEWSRANGERS)-Rwanda’s Mara Group launched two smartphones on Monday, describing them as the first “Made in Africa” models and giving a boost to the country’s ambitions to become a regional technology hub. The Mara X and Mara Z will use Google’s Android operating system and cost 175,750 Rwandan francs ($190) and 120,250 Rwandan…
LAGOS OCTOBER 6H (NEWSRANGERS)-Nigerian President Muhammadu Buhari said on Friday that a wave of deadly violence against Nigerians and other foreign nationals in South Africa last month was an embarrassment to the continent. In September, rioting and attacks on foreigners led to at least 10 deaths, dozens of injuries and hundreds of arrests, triggering anger…
LAGOS SEPTEMBER 16TH (NEWSRANGERS)-MultiChoice recently reduced the price of DStv in various African countries, including Uganda, Kenya, Tanzania, and Mozambique. MultiChoice said the monthly DStv subscription fees were reduced to make the service more competitive against streaming services. The price cuts, however, were not the same in all countries, as each country has different cost…
LAGOS SEPTEMBER 15TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP), Mr. Peter Obi, on Friday mourned the passing of renowned academic, Obi Prof. Chukuka Okonjo, describing him as one of the best intellectuals ever to come out of Africa. He spoke shortly after the news of the death of the 91 years old…
LAGOS AUGUST 10TH (NEWSRANGERS)-International legal and finance expert, Dr Adesegun Akin-Olugbade, has been appointed as a member of the World Trade Board, becoming the first African member of the organization. The Nigerian joins 20 other global trade and finance leaders on the board. According to the Chairman of World Trade Board, Simon Paris, the appointment…
LAGOS AUGUST 1ST (NEWSRANGERS)- Equatorial Guinea’s President Teodoro Obiang Nguema will celebrate forty years in power on Saturday, highlighting his status as Africa’s longest-serving head of state. Since he seized control in a 1979 military coup, rights groups have described Obiang Nguema, 77, as one of the continent’s most brutal and corrupt dictators. In his…
LAGOS AUGUST 1ST (NEWSRANGERS)-The fledgling mobile money market in Nigeria is about to get a major shake-up. MTN Nigeria, the country’s largest telecoms operator, has been granted a “super agent” license which allows it set up an agent network through which it can provide financial services. It’s the first step in MTN’s plans to finally…
