LAGOS JUNE 2ND (NEWSRANGERS)-The foreign exchange (Forex) market in Nigeria was thrown into a panic mood on Monday when the value of the Naira significantly depreciated against the Pound Sterling at the parallel market. Business Post reports that the Naira lost N10 against the British currency at the unregulated segment of the FX market to…
LAGOS MAY 29TH (NEWSRANGERS)-A man, Obiefoh Sunday, who is a housekeeper at the Lagos Continental Hotel, has shown true honesty in his work. His boss, Muhammad Ashraf, on his LinkedIn page wrote about how the young man found some wads of US dollars in one of the rooms he went to clean after the guest…
LAGOS DECEMBER 6TH (NEWSRANGERS)-Forex turnover rose sharply by 173.3%, as the Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N395/$1 during intra-day trading on Thursday, December 3. Also, the Naira appreciated significantly against the dollar, closing at N470/$1 at the parallel market on Thursday, December 3, 2020, as the…
LAGOS MARCH 29TH (NEWSRANGERS)-All Progressives Congress leader, Bola Tinubu, has asked the Federal Government to print more naira notes in order to save the economy from collapse even as the Covid-19 pandemic continues to bite harder. Tinubu said this in a statement he wrote in commemoration of his 68th birthday. The former governor of Lagos State…
LAGOS NOVEMBER 5TH (NEWSRANGERS)-Financial Intelligence Conference to Feature Presentation by Leading Whistleblower Lawyer on How Non-US. Citizens Have Obtained Millions of Dollars in Whistleblower Rewards by Using American Laws Stephen M. Kohn, partner at Kohn, Kohn & Colapinto and the Chairman of the Board of Directors of the National Whistleblower Center, will…
LAGOS SEPTEMBER 16TH (NEWSRANGERS)-The dollar fell while safe havens and currencies of oil-producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions. Oil prices surged nearly a fifth at one point following the strikes on two plants, including the world’s biggest petroleum…
LAGOS APRIL 2ND(NEWSRANGERS)-The children of murdered Saudi journalist Jamal Khashoggi have received multimillion-dollar homes and are being paid thousands of dollars per month by the kingdom’s authorities, the Washington Post has reported. Khashoggi – a contributor to the Post and a critic of the Saudi government – was killed and dismembered in October at the…
LAGOS AUGUST 23RD (NEWSRANGERS)-President Muhammadu Buhari on Wednesday expressed the belief that despite the scoffing of a minority number, Nigeria is resolutely on the road to a new dawn. A statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, quoted the President as saying this while commending two security men who returned…
