LAGOS DECEMBER 9TH (NEWSRANGERS)-No less than 40 people were killed in a fire incident at a factory while the workers slept in the middle of the night. In a report by The BBC, the blaze broke out at the four-storey building in the city’s congested old quarter early on Sunday morning. At least 100 people…
LAGOS NOVEMBER 1ST (NEWRANGERS)-Nigeria is considering selling naira-denominated bonds abroad next year to fund infrastructure projects, Finance Minister Zainab Ahmed said. Africa’s biggest oil producer faces a significant increase in financing needs as it struggles to boost revenue required to fund increased spending on infrastructure. Almost 60% of Nigerians don’t pay tax and the state…
LAGOS OCTOBER 31ST (NEWSRANGERS)-In a major seizure, police in Goa, western India on Tuesday arrested a Nigerian Ifeanyi Pascal Obi, a.k.a Alex and confiscated drugs worth about Rs 3 crore(about $400,000) from him, local media reported on Wednesday. Tuesday’s haul was a massive one considering that the value of the seized drugs was the same…
LAGOS OCTOBER 25TH (NEWSRANGERS)-WHAT kind of President is Muhammadu Buhari? In moments of national crisis, he abandons his duty post in preference for foreign trips of dubious value. Showing scant interest in domestic affairs, the President has embarked on another international trip, this time, to Sochi, Russia, for a three-day summit on gas and trade….