LAGOS NOVEMBER 13TH 9NEWSRANGERS)-Nigeria will boost incentives for foreign investors in an attempt to address a decline in capital coming into the country as part of the government’s plans to revive the economy. The administration in Abuja will introduce measures to eliminate double taxation and allow speedy remittances of foreign money, Doris Uzoka-Anite, the minister…
LAGOS NOVEMBER 7TH (NEWSRANGERS)-Canada is investigating an explosion at its embassy in Nigeria that killed two people, Foreign Minister Melanie Joly said on Monday, as Ottawa joined Washington and London in issuing a warning against nonessential travel to the West African nation. “We can confirm there was an explosion at our High Commission in Nigeria….
LAGOS OCTOBER 20TH (NEWSRANGERS)-The House of Representatives on Thursday suspended a move by the Minister of Works, Dave Umahi, to divert from asphalt to the use of concrete for construction of roads across Nigeria. This is according to an Order Paper from the House obtained by People’s Gazette, after a member from Yobe State, Ms…
LAGOS OCTOBER 20TH (NEWSRANGERS)-Niger’s junta said on Thursday that it had thwarted an escape attempt by ousted President Mohamed Bozoum who has been imprisoned by the military since a July 26 coup despite international calls for his release. The interim authorities said that Bazoum and his family, with the help of accomplices in the security…
LAGOS OCTOBER 16TH (NEWSRANGERS)-The ruler of the Kingdom of Saudi Arabia, King Salman bin Abdulaziz has summoned an emergency meeting of the member states of the Organisation of Islamic Cooperation (OIC). Naija News reports that the emergency meeting is called to discuss the ongoing conflict in the Gaza strip between Hamas and Israel. In a statement posted on…
LAGOS OCTOBER 16TH (NEWSRANGERS)-Jose Peseiro will be without the service of the Super Eagles duo Victor Osimhen and Kelechi Iheanacho when Nigeria take on Mozambique in their second friendly game of the international break, PUNCH Sports Extra reports. The game is scheduled to take place at the Estadio Municipal de Portimäo. Both players have been…
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…
LAGOS OCTOBER 10TH (NEWSRANGERS)-The price of 12.5kg cylinder of Liquefied Petroleum Gas (LPG) also known as cooking gas has skyrocketed to N13,500 in Lagos. A gas retailer, who spoke to New Telegraph yesterday, said the increment was attributed to the high depreciation of the naira to the dollar. He lamented that last month, they sold…