Nigerian Filling Stations Fail To Reduce Fuel Pump Price Despite Drop In Crude Oil Price

LAGOS JUNE 20TH (NEWSRANGERS)-The majority of Nigerian filling stations have yet to reduce premium motor spirit pump prices despite the significant drop in crude oil prices and Dangote Refinery’s gantry petrol price. A market survey on Thursday morning showed that petrol prices stood between N1317 and N1336 per liter across filling stations in Abuja. This is the…

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Customs Fail To Implement Tinubu’s Order On Suspension Of Duties On Food Items-Importers

LAGOS AUGUST 6TH (NEWSRANGERS)-Despite President Bola Tinubu’s June announcement suspending import duties and tariffs on essential food items for six months, Nigerian importers claim they are still being forced to pay these fees. The presidential directive aimed to curb soaring prices of food, raw materials, and manufacturing inputs, and also covered agricultural production inputs like…

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CBN Dollar Sales Fail To Stop Naira Weakness As  Its Slips To Weakest Level Since March

LAGOS JULY 15TH (NEWSRNAGERS)-Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite central bank intervention amid seasonal demand for dollars and continuing investor skepticism. The naira stood at 1,563.8 per dollar at its official close on Friday, according to FMDQ. That’s the weakest since March 18,…

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Age Cheats: More Cameroon U-17 Players Fail Test Enforced By Eto’o

LAGOS JANUARY 6TH (NEWSRANGERS)-Cameroon’s Under-17s face a race against time to field a team for regional African Cup of Nations qualifiers after more players failed age tests ordered by Samuel Eto’o, president of the country’s governing body, Fecafoot. The former Barcelona and Inter Milan striker’s insistence on using Magnetic Resonance Imaging (MRI) screening saw the…

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