By Chukwudi Iwuchukwu LAGOS DECEMBER 11TH (NEWSRANGERS)-At the last count, five multinationals have closed shop and left Nigeria this year alone. They include Unilever, GSK, P&G, Sanofi, and Equinor. Unilever Nigeria exited its home care and skin cleansing categories in Nigeria. Equinox, a Norwegian oil and gas company, sold its oil and gas assets, including…
LAGOS DECEMBER 8TH (NEWSRANGERS)-Nigeria may lose five thousand direct jobs as Procter & Gamble, a multinational consumer company, announced its plan to exit the largest African economy 31 years after coming to the country. On Wednesday, P&G chief financial officer Andre Schulten disclosed that the company will turn Nigeria into an import-only market. Consequently, the…
LAGOS DECEMBER 6TH (NEWSRANGERS)-Nigeria ranks among the top three countries in the world with the highest burden of Human Immuno-deficiency Virus (HIV), with over two million people living with HIV (PLHIV). To reduce the spread of the disease, significant scientific and clinical advances have been made towards developing effective HIV treatments. Launched by the Prevention Access Campaign,…
LAGOS DECEMBER 2ND (NEWSRANGERS)-The Federal Airports Authority of Nigeria (FAAN), has banned the use of ‘Ghana Must Go’ sacks by passengers at all airports in the country. According to a circular by FAAN, titled, ‘Re: Prohibition of Usage Of Ghana Must Go’, signed by Manager, Airport Services, Henok Gizachew, the ban is particularly for passengers…
LAGOS DECEMBER 2ND (NEWSRANGERS)-No fewer than 20,000 refugees have fled the Republic of Cameroon to seek asylum in Taraba State, Nigeria. The refugees camping in five local government areas of Sardauna, Kurmi, Gashaka, Ussa and Takum, are appealing to federal and state governments as well as non-governmental organizations for assistance to ameliorate their sufferings. The…
LAGOS DECEMBER 2ND (NEWSRANGERS)-Economic hardship has forced thousands of Nigerians to migrate in recent years, leading to a brain drain in key sectors. Local media reported that some 143,000 Nigerian doctors and “others” moved to the UK in the year leading up to September 2023. But the claim is misleading: official statistics reveal only 26,715…
LAGOS NOVEMBER 28TH (NEWSRANGERS)-The Nigerian Meteorological Agency (Nimet) has given reasons for the continuous rainfalls at this time of the year in the country. Nimet through its Central Forecast Office (CFO), which was signed by Prof. Mansur Matazu, its Director-General, attributed the rainfalls to an opening that linked mid-latitude trough with the thermal-lows over West-Africa….
By Abiola Daisy Igaga and Bartholomew Okuodo LAGOS NOVEMBER 28TH (NEWSRANGERS)- Since the swearing in of the present government on May 29, 2023, the economic index of Nigeria has become worse in all respect. The country is witnessing heightened inflation, social facilities and infrastructures are in a state of pitiable decay, the rate of unemployment is getting…