LAGOS MARCH 4TH (NEWSRANGERS)-The National Association of Seadogs (Pyrates Confraternity) has weighed in on the economic crisis in Nigeria with a clarion call on President Bola Tinubu and the political leadership to stop further grandstanding and get to work to fix the economy, curb insecurity and tame food inflation. The NAS Capoon, Mr Abiola Owoaje…
LAGOS FEBRUARY 29TH (NEWSRANGERS)- – Two senior executives at Binance have been detained in Nigeria as the country cracks down on cryptocurrency exchanges, the Financial Times reported on Wednesday, citing people familiar with the matter. The executives flew to Nigeria following the country’s decision to ban several cryptocurrency trading websites last week but they were…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-Ace economist and chieftain of the Labour Party, Pat Utomi, has issued a stern warning that the naira may fall to N10,000 per dollar if nothing is done urgently. Utomi gave this warning on Sunday at an event organised by activist Dr Moses Paul to mark the first anniversary of the 2023…
LAGOS FEBRUARY 26TH (NEWSRANGERS)-A bill to grant independence to any section of Nigeria that seeks self-determination is among 40 others that have been submitted for alterations for the review of the 1999 constitution of Nigeria. The house review committee will to be inaugurated im February 26 in Abuja. Also received is a bill for the…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-Nigeria has agreed to restore electricity supply to Niger Republic as the Economic Community of West African States (ECOWAS) yesterday lifted the sanctions on Niger, Mali, Burkina-Faso and Guinea. The sanctions were lifted after the extraordinary summit of ECOWAS on the political, peace and security situation in the sub-region held at the…
LAGOS FEBRUARY 23RD (NEWSRANGERS)-Argentina scheduled exhibitions against El Salvador and Nigeria in the United States next month as part of Copa America preparations, replacing a China tour canceled after Lionel Messi didn’t play at Inter Miami’s preseason game in Hong Kong. Argentina will play El Salvador on March 22 at Philadelphia’s Lincoln Field and Nigeria…
LAGOS FEBRUARY 18TH (NEWSRANGERS)-Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low against the dollar. The situation has provoked anger and protests across the country. The latest government statistics released Thursday showed…
LAGOS FEBRUARY 16TH (NEWSRANGERS)-The Naira has suffered another setback as trans-border businessmen and women who hitherto used to transact their businesses in Naira and other currencies have stopped accepting the currency as payment for business transactions. The traders claim that using the Naira to transact their businesses has become counterproductive following its continued depreciation, adding…