LAGOS NOVEMBER 13TH (NEWSRANGERS)-The federal government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has suspended the implementation of the 15 percent ad-valorem import duty on imported Premium Motor Spirit (PMS) and diesel. The Authority stated this in a statement signed by George Ene-lta, Director, Public Affairs Department. President Bola Ahmed Tinubu had…
LAGOS NOVEMBER 12TH (NEWSRNAGERS)-Nigeria’s Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended the leadership and staff of Renaissance Africa Energy Company Limited for driving the oil and gas output increase less than a year after the deal that saw the exit of Shell from onshore Nigeria. The $2.4billion deal resulted in…
LAGOS NOVEMBER 4TH (NEWSRANGERS)-Nigeria’s investigation into an alleged coup attempt has reached a new stage, with no fewer than 30 suspects now set to face trial following weeks of interrogation by military and intelligence authorities, according to a major online news platform in the West African nation. PREMIUM TIMES, which quoted unnamed sources familiar with…
LAGOS SEPTEMBER 23RD (NEWSRNAGERS)-The President Bola Ahmed Tinubu administration has stated that its goal of attracting more funds and investments into the Nigerian oil and gas sector, to grow the country’s industrialization, is at the centre of its decision to devote more executive attention to ongoing reforms in the energy sector. The Special Adviser…
LAGOS SEPTEMBER 11TH (NEWSRANGERS)-Labour Party’s 2023 presidential candidate and former Anambra State Governor, Peter Obi, has called on Nigerian accountants, particularly women, to lead efforts to curb what he described as reckless government borrowing and wasteful spending. Obi made the call on Wednesday at the investiture of Mrs. Blessing Ngozi Osakwe as the 12th…
LAGOS SEPTEMBER 5TH (NEWSRANGERS)-The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost in revenue has largely been driven by substantial gains in non-oil revenue collections, as confirmed in a press statement on Wednesday by Special Adviser to the…
LAGOS AUGUST 14TH (NEWSRANGERS)-The Federal Government has announced a seven-year suspension on the establishment of new federal universities, polytechnics, and colleges of education across the country. The decision was a decisive move to address declining quality and infrastructure in the nation’s tertiary education sector. Minister of Education, Dr. Tunji Alausa disclosed this to State…
LAGOS JULY 10TH (NEWSRANGERS)-Nigeria Government has protested the new United States visa restricts on Nigerians seeking to travel to the United States on non-immigrant visas to single-entry three-month permits as against rolling back up to five-year, multiple-entry visas they enjoyed previously. “We wish to underscore that as is standard globally, visa reciprocity is a…