LAGOS MAY 31ST (NEWSRANGERS)-Nigeria’s new president Bola Tinubu looks set to appoint trusted lieutenants connected to the political scene in Lagos to key posts, handing power to technocrats and officials credited with revitalizing the country’s economic powerhouse. After assuming office yesterday in the capital, Abuja, attention has turned to who Tinubu, 71, will choose to…
LAGOS MAY 30TH (NEWSRANGERS)-Prominent leader of the All Progressives Congress (APC) in Delta State, and member of the Governing Board of the Niger Delta Development Commission (NDDC), Olorogun Bernard Okumagba has congratulated President Bola Tinubu (GCFR) and Vice President Kashim Shettima (GCON) on their momentous inauguration as the 16th President, and Vice President of the…
LAGOS MAY 30TH (NEWSRANGERS)-The Presidential Election Petition Court, on Tuesday in Abuja admitted in evidence, a United States of America (USA) District Court judgment which reportedly indicted Asiwaju Bola Ahmed Tinubu and ordered his forfeiture of $460,000 in drug related offences. The certified true copy of the judgment was tendered by a witness, Barrister Lawrence…
LAGOS MAY 30TH (NEWSRANGERS)-The Labour Party (LP) has called its first witness at the Presidential Election Petitions Court (PEPC) sitting at the Court of Appeal in Abuja. LP opened its case to challenge the 2023 presidential election results on Tuesday. During the resumed proceedings on Tuesday, the court allocated three hours for the hearing of…
LAGOS MAY 30TH (NEWSRANGERS)-Reactions yesterday trailed President Bola Tinubu’s resolve to remove petrol subsidy and unify forex rates, as the Nigeria Labour Congress, NLC, said the President was merely flying a kite and would not have the courage to do it. However, the Manufacturers Association of Nigeria, MAN; the Nigerian Chamber of Commerce, Industry, Mines…
LAGOS MAY 30TH (NEWSRANGERS)-Nigeria’s sovereign dollar-denominated bonds rose on Tuesday after new President Bola Tinubu said at his swearing in on Monday that a costly fuel subsidy would be removed and the central bank should work towards a unified exchange rate. Eurobonds were up as much as 1.77 cents in the dollar, with the 2029…
LAGOS MAY 30TH (NEWSRANGERS)-Petrol stations in Lagos started witnessing queues few hours after President Bola Tinubu announced that “fuel subsidy is gone”. Daily Trust observed that NNPC stations in Ikeja, Alausa were crowded by motorists who rushed to buy the product. Many private stations were not selling as of the time of filing this report….
LAGOS MAY 30TH (NEWSRANGERS)-Newly inaugurated president, Bola Tinubu, lost his balance on stage during Monday’s inauguration ceremony, and needed assistance. Immediately after reciting the national anthem, Tinubu turned away from the podium, and took some laboured steps. A uniformed officer grabbed him by the waist, and kept him upright, then turned him back around to…