Crisis Looms In Rivers As Youths Shut Down LG Secretariat, Demand Chairman’s Removal

LAGOS JUNE 18TH (NEWSRANGERS)-In Rivers State, youths have taken action by shutting down the Asari Toru Local Government Secretariat, demanding the removal of their Chairman. This development occurs amidst a heated dispute between Local Government Area (LGA) chairmen and Governor Sim Fubara. Reportedly, the Chairman, whose tenure expires today, has fled his office as residents…

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Tension Looms In Delta Intervention Agency, DESOPADEC Over HODs Appointment 

  LAGOS NOVEMBER 14TH (NEWSRANGERS)-Tension mounts in the Delta State Oil Producing Areas Development Commission, DESOPADEC over the recent appointment of heads of departments in the agency by the management team led by the Managing Director, Chief Festus Ochunogor without carrying the board along. According to our source, the next board meeting might run into…

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Forex Crisis: Factory Shutdown Looms In Nigeria As Naira Tumbles To 1,025/$

LAGOS OCTOBER 11TH (NEWSRANGERS)-The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria Employers’ Consultative Association, and manufacturers, who spoke to The PUNCH, expressed concern about the falling value of the naira, warning that it would lead to the shutting…

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Massive Job Cut Looms As Dollar Hits N590, Forex Scarcity Bites Harder

LAGOS MARCH 24TH (NEWSRANGERS)-The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, The PUNCH has learnt. The development may lead to massive job loss in the manufacturing industry, among other sectors, according to the Manufacturers Association of Nigeria. The…

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Civil War Looms In Ethiopia After Govt Orders Attacks On A Key Region

LAGOS NOVEMBER 4TH (NEWSRANGERS)-Ethiopian prime minister Abiy Ahmed ordered an attack against the forces of the ruling party of Tigray Region, one of 10 autonomous regions of Ethiopia, raising the probability of a full-blown civil war in Africa’s second largest country by population. Abiy accused Tigray People’s Liberation Front (TPLF) of attempting to attack a…

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