LAGOS MAY 17TH (NEWSRANGERS)-Nigeria’s inflation rate increased marginally in April 2026, rising to 15.69 per cent from 15.38 per cent recorded in March, according to the latest Consumer Price Index, CPI, report released by the National Bureau of Statistics, NBS, on Friday. The data showed a 0.31 percentage point year-on-year increase, indicating that the general price…
LAGOS MAY 13TH (NEWSRANGERS)-Both Republicans and Democrats on the House and Senate subcommittees that oversee defense spending pointedly questioned Defense Secretary Pete Hegseth about the Iran ceasefire, the cost of the war and the administration’s decision to enter the conflict without Congress’ approval. Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of…
LAGOS MARCH 16TH (NEWSRANGERS)-Chelsea have been fined £10.75 million by the Premier League and handed a one-year transfer ban that will remain suspended for two years following an investigation into undisclosed payments linked to player transfers during the club’s previous ownership. Roman Abramovich, a Russian businessman who owns the London club, has been said…
LAGOS MARCH 10TH (NEWSRANGERS)-The escalating increase in the prices of cement has sent shockwaves to operators in the housing/construction sector, leading to delays and abandonment of projects. Depending on the location, a 50- kilogramme(kg) bag of cement, which cost N7,500 in the last quarter of 2025, is now goes for between N11,500 and N15,000 in the…
LAGOS MARCH 3RD (NEWSRANGERS)-Iran struck the U.S. Embassy in Saudi Arabia’s capital with a drone early Tuesday as it kept hitting targets around the region, while the United States and Israel pounded Iran with airstrikes in what U.S. President Donald Trump suggested was just the start of a relentless campaign that could last more than…
LAGOS JANUARY 18TH (NEWSRNAGERS)-A 19-year-old unlicensed driver, Nsikak Okon, has been arrested by the operatives of the Edo State Police Command for allegedly knocking down three officers while evading police check. The incident, according to a statement by the Police Public Relations Officer of the command, ASP Eno Ikoedem, occurred along Iyekogba Estate Gate, Benin…
LAGOS DECEMBER 11TH (NEWSRANGERS)-On December 1st, 2025, NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Limited, achieved a record production level of 355,000 barrels of oil per day, its highest daily output since 1989. The milestone marks a significant step forward for Nigeria’s upstream sector and reflects the company’s ongoing transformation anchored…
LAGOS SEPTEMBER 18TH (NEWSRANGERS)-At least six additional deaths have been confirmed following the fire outbreak at Afriland Towers, a six-storey commercial building on Broad Street, Lagos Island, Lagos State. The victims were employees of United Capital, a financial and investment services firm occupying the 3rd and 4th floors of the tower. The confirmation comes just…