LAGOS AUGUST 16TH (NEWSRANGERS)-President Bola Tinubu on Tuesday said the biting sanctions imposed by the Economic Community of West African States on the Niger junta would not be lifted despite the military leaders’ promise to negotiate with the regional bloc to resolve the crisis in the francophone country. Tinubu, who stated this when he received…
LAGOS AUGUST 16TH (NEWSRANGERS)-Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more, and blamed foreign exchange shortages on “gross mismanagement” at the central bank. Longer dated notes fell further. The 2051 maturity dropped as much as 1.7 cents on the dollar to 68.894 cents,…
LAGOS AUGUST 15TH (NEWSRANGERS)-The presidency has officially declared that there will be no increase in petroleum product prices at the present moment. A Twitter post from the Nigerian Television Authority read: “The presidency says there is no increase in petroleum product prices at this time as the President is convinced based on the information before…
LAGOS AUGUST 15TH (NEWSRANGERS)-President Bola Ahmed Tinubu has praised the solidarity of the Economic Community of Central African States (ECCAS) on the political impasse in the Republic of Niger. The President spoke when he received the Special Envoy of President Ali Bongo Ondimba and the Minister of Foreign Affairs of the Republic of Gabon,…
LAGOS AUGUST 14TH (NEWSRANGERS)-The Nigeria Labour Congress (NLC) has threatened to declare a nationwide strike if there is further hike in the pump price of petrol from the existing N617 naira. It vowed to proceed on total, comprehensive and indefinite nationwide shutdown of the country. This was made known by the NLC President, Joe Ajaero,…
LAGOS AUGUST 14TH (NEWSRANGERS)-Nigeria’s Intervention Team comprising prominent Islamic scholars in the country at the weekend met with the coup leaders in Niger where both parties agreed to intensify the option of dialogue in resolving the political crisis in that country. The Islamic Ulammas led by Sheik Bala Lau met with General Abdourahmane Tchiani for…
LAGOS AUGUST 14TH (NEWSRANGERS)-The Nigerian Presidential Election Petition Tribunal has reserved its judgment. Apprehension and expectation are playing hide and seek in the air. Judgment Day is here. Theologians, writers and musicians have painted poignant colours of the judgment day. From the 1998-direct-to-video film of John Terlesky with that same title – Judgment Day –…
LAGOS AUGUST 10TH (NEWSRANGERS)-ECOWAS leaders have ordered immediate invasion of Niger, charging the regional body’s standby force to restore constitutional order following the seizure of power in a military coup late last month. President of ECOWAS, Omar Alieu Touray, made the declaration during a meeting of the organisation on Thursday afternoon. “We direct the committe…
