LAGOS MAY 30TH (NEWSRANGERS)-Following President Bola Tinubu’s policy statement during his inaugural speech on Monday, on the removal of subsidy, most filling stations in Calabar have shut down while those selling have hiked the price from 210 to 750 naira per litre. Vanguard also observed that commuters who cannot afford to pay 300 naira per…
Figures obtained on Monday from the Nigeria Electricity System Operator, an arm of the Federal Government’s power transmission company, showed that the national electricity grid actually crashed from a peak of 3,703 megawatts to as low as 9MW on Sunday. Nigeria witnessed widespread blackout on Sunday after the national grid collapsed around 6.49pm, before engineers…
LAGOS JANUARY 27TH (NEWSRANGERS)Long queues resurfaced in Abuja on Wednesday as fuel marketers claimed to have run out of petrol, leaving motorists frustrated and commuters stranded. Checks by Daily Sun show that, while most filling stations claimed to have run out of stock, they actually had products but preferred hoarding. The few that dispensed the…
LAGOS DECEMBER 21ST (NEWSRANGERS)-No fewer than 170 investors who invested about N10.8 billion with a Quintessential Investment Company owned by one Joshua Adeyinka Kayode are groaning in pains as they could no longer access neither the capital invested nor the profit accruable. The Company promised to pay back all investor’s Investments on April 14, 2021…