Obi  Kicks Against  FG’s  Lavish Borrowing, Spending

LAGOS JANUARY 9TH (NEWSRANGERS)-LABOUR Party, LP, presidential candidate during the February 25, 2023 General Elections, Peter Obi, has kicked against what he described as Federal Government’s disturbing pattern of huge borrowing and profligate spending on non-essential procurements, warning that such pattern would soon wreck the economy. .The former Anambra State governor also condemned Federal Government’s…

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Bloomberg Predicts Continuous Slip Of Naira In 2024 As The 2nd Worst Performing Currency Globally

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…

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Tinubu Obtains $2.7bn World Bank Loans Amid Rising External Debt Servicing Costs

LAGOS DECEMBER 28TH (NEWSRANGERS)-Nigeria secured total loans of $2.7 billion from the World Bank under the administration of President Bola Tinubu amid concerns over the country’s rising external debt servicing costs.  The four approved loans are for power ($750 million), women empowerment ($500 million), girl’s education ($700 million), and renewable energy ($750 million), according to…

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Yuletide: Nigerian Soldiers Groan, Slam FG  Over Non-Payment Of December Salaries

LAGOS DECEMBER 26TH (NEWSRANGERS)-Nigerian Soldiers have criticised President Bola Tinubu’s government for failing to pay their December salaries, which they say will dampen the celebration of Christmas and New Year festivals. The soldiers accused President Tinubu and the military chiefs of being insensitive to their plight.  They added that the government has turned them into…

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RVSAP Takes Advocacy On Rural Vocational Skills Acquisition To Muslim Communities In C/River  

LAGOS DECEMBER 24TH (NEWSRANGERS)-A department in the  Ministry of Humanitarian Affairs and Poverty Alleviation Programmes, the “Rural Vocational Skill Acquisition Programme (RVSAP), has commenced advocacy and sensitization to inform Nigerians about the renewed hope of  President  Tinubu’s led Government to Hausa Communities in Cross Rivers State  National Programme Manager, ‘South’ Mr. Portrait Peterson, made this…

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