LAGOS JANUARY 6TH (NEWSRANGERS)-The Intermediate People’s Court in the eastern city of Wenzhou on Tuesday jailed 17 people for smuggling pangolin scales into China. The members of the gang were convicted of importing 23 tonnes of scales from pangolins — the world’s most trafficked mammal — worth 180 million yuan ($28 million) from Nigeria between…
LAGOS DECEMBER 6TH (NEWSRANGERS)-A North Korean citizen was publicly executed by authorities for violating “emergency quarantine measures,” according to Radio Free Asia. The November firing squad shooting of a man accused of smuggling with his Chinese business partners was ordered in an effort to scare other citizens into strict compliance with the totalitarian nation’s emergency…
LAGOS NOVEMBER 5TH (NEWSRANGERS)-The Chinese authorities have temporarily suspended entry into China by Nigerians and other nationals in Nigeria holding valid Chinese visas or residence permits due to the COVID-19 pandemic. Our correspondent learnt that the United Kingdom, Belgium, Luxembourg, Philippines and a few others were also affected by the policy. It was gathered that…
LAGOS OCTOBER 8TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr. Peter Obi, has said that borrowing progressive economic ideas from China will be more beneficial to Nigeria than taking public loans to pump into the economy. Obi who made this remark at the 60th Founder’s Day Lecture of…
LAGOS SEPTEMBER 4TH (NEWSRANGERS)-The Premier League terminated a lucrative broadcasting contract with its licensee in China on Thursday, dealing a further blow to the English top-flight as clubs adjust to heavy losses as a result of the coronavirus. Streaming service PPTV agreed a reported $700 million (£524 million) deal for the right to broadcast all…
LAGOS AUGUST 17TH (NEWSRANGERS)-The House of Representatives said on Monday that Nigerian government officials signed empty repayment loan documents for the development of the Nigeria Rail sector even before the terms of the loans were negotiated. The House also said that it discovered that the Ministry of Transportation signed a commercial contract worth $33 billion…
LAGOS AUGUST 17TH (NEWSRANGERS)-Minister of Transportation, Rotimi Amaechi, has said the Federal Government would require about $5.3 billion loan from China to fund the Ibadan-Kano standard gauge rail project. Amaechi disclosed this over the weekend after inspecting the Lagos-Ibadan rail project, saying the Ibadan-Kano rail project would take-off once the loan was received. “We are waiting…
LAGOS AUGUST 13TH (NEWSRANGERS)Chukwuemeka Ezike sends thousands of dollars’ worth of bitcoin a month in order to trade with Chinese exporting companies. In return, he receives spare auto parts, construction equipment, and juices for a family business his father started more than 30 years ago. Ezike works full-time at Singapore-based crypto exchange Huobi as its…