Benin Trans Border Traders, Okada Riders Shun Naira For Business Transactions

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…

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Nigeria Facing Worsening Economic Disaster – IMF Report

LAGOS FEBRUARY 13TH (NEWSRANGERS)-The International Monetary Fund said Nigeria is facing a worsening economic crisis. The global lender stated this in a new report titled, “IMF Executive Board Concludes Post Financing Assessment with Nigeria.” According to the IMF, stalled per-capita growth, poverty, and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The…

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US To Work With NIMASA To  Lift Entry Ban On Vessels From Nigerian Ports

LAGOS FEBRUARY 12TH (NEWSRANGERS)-The United States Coast Guard (USCG) has offered Nigeria a three-year plan to work with the Nigerian Maritime Administration and Safety Agency (NIMASA) for the removal of the Condition of Entry (CoE) placed on American-bound vessels from Nigeria. Cdr. Juliet Hudson at the USCG headquarters in Washington DC disclosed this during a…

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Clash Of The Titans As Nigeria, Ivory Coast Battle For Supremacy In Afcon 2023 Grand Finale

LAGOS FEBRUARY 11TH (NEWSRANGERS)-Venue: Alassane Ouattara Stadium, Abidjan Date: Sunday, 11 February Kick-off: 20:00 GMT Coverage: Watch live on BBC Three, iPlayer and BBC Sport website, listen to radio commentary on BBC World Service in Africa and follow text commentary online After a record number of goals, unrelenting shocks and an apparent capacity for unceasing…

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