LAGOS JANUARY 17TH (NEWSRANGERS)-The International Monetary Fund (IMF) identifies 10 African countries with manageable debt, shedding light on their economic stability. Nigeria stands out despite domestic concerns. Tanzania (41.8% Debt-to-GDP Ratio) Tanzania takes the lead among Africa’s least indebted nations with a debt-to-GDP ratio of 41.8%. The East African nation’s relatively low ratio indicates a…
LAGOS JANUARY 17TH (NEWSRANGERS)-Nigeria is discussing as much as $1.5 billion of World Bank funding to help ease a severe dollar shortage that has contributed to the naira’s steep decline. “We’re hoping to get $1 billion or $1.5 billion from the World Bank” for budgetary support, Finance Minister Wale Edun said Wednesday in a Bloomberg…
By Max Barlow LAGOS JANUARY 11TH (NEWSRANGERS)-The 2023 Africa Cup of Nations gets underway this week with some of the continent’s biggest stars set to lock horns in the Ivory Coast. Premier League players such as Mo Salah, Andre Onana, Nicolas Jackson, Alex Iwobi, Papa Matar Sarr, Idrissa Gueye and Mohammed Kudus are all set…
LAGOS JANUARY 11TH (NEWSRANGERS)-Niger, Senegal, and Rwanda will be among the world’s highest growth economies in 2024, the World Bank said in its report on global economic prospects released this week. Niger is forecast to grow at 12.5% this year driven by its oil sector which has made up for low uranium production.Its growth rate…
LAGOS JANUARY 10TH (NEWSRANGERS)-Nigeria’s Minister of Foreign Affairs, Amba Yusuf Tuggar has commended the release of Niger Republic former President, Mohammad Bazoum’s wife and son from house arrest by the National Council for the Safeguard of the Homeland, the ruling military junta in the country. A statement issued on Tuesday by the minister’s media aide,…
LAGOS JANUARY 10TH (NEWSRANGERS)-Watch out! Peter Obi is steadily emerging as the main opposition figure, delivering alternative viewpoints on important national conversations and criticizing the government in selected fronts. It is a departure from the past when also-rans in presidential races would recoil into their shells in shock and shame, only to return in four…
LAGOS JANUARY 8TH (NEWSRANGERS)-TB Joshua, a charismatic Nigerian leader of one of the world’s biggest evangelical churches, secretly committed sexual crimes on a mass scale, a BBC investigation spanning three continents has found. Testimony from dozens of survivors suggests Joshua was abusing and raping young women from around the world several times a week for…
LAGOS JANUARY 5TH (NEWSRANGERS)-One month after the federal government promised to crash the cost of Liquefied Petroleum Gas (LPG), also known as cooking gas, households and businesses are still paying high prices for every kilogram of the commodity. This is because the price has remained on the high side, as investigation by Daily Trust revealed…
