LAGOS JANUARY 7TH (NEWSRANGERS)-The Federal High Court sitting in Abuja has ordered the seizure of funds and assets that the Economic and Financial Crimes Commission, EFCC, traced to a banker, Mr Aleshe Ayodeji, who allegedly deposited fake currencies worth over N20million, with the Central Bank of Nigeria, CBN. EFCC alleged that Ayodeji, who was in…
LAGOS DECEMBER 28TH (NEWSRANGERS)-Like a joke, and as Fela sang in one of his all time hits, “the thing wey dey cos our suffer, e don dey show him face to us…” Finally, those who have been BEHIND the SUFFERING of Nigerians have now been exposed to us. For this, our GRATITUDE should go to…
LAGOS DECEMBER 27TH (NEWSRANGERS)-Once again, Mr Godwin Ifeanyichukwu Emefiele, governor of the Central Bank of Nigeria, is in the news. Central bankers the world over have dominated newspaper headlines as they have sought to tighten monetary conditions to stave off rising prices in their respective economies. As domestic inflation rises relentlessly, Mr Emefiele, a late…
LAGOS DECEMBER 23RD (NEWSRANGERS)-Nigeria’s currency is poised for its eighth straight day of losses and on track for its longest losing streak since 2020, less than two months before a presidential election. The naira traded at 453.16 to the dollar as of 4:30 p.m. local time on Thursday in the spot market. The currency has…