LAGOS APRIL 4TH (NEWSRANGERS)-Nigeria is still struggling to find buyers for its oil as strikes at French refineries and seasonal maintenance at plants elsewhere in Europe curb demand. Little Nigerian crude traded last week, with more than 20 shipments for April loading still hunting for buyers, according to traders specialising in the West African market….
LAGOS APRIL 3RD (NEWSRANGERS)-Close allies of the president-elect, Bola Ahmed Tinubu, are unsure of when he will return to Nigeria from his foreign trips. POLITICS NIGERIA recalls that Tinubu on March 22 travelled abroad “to rest” and plan his transition programme ahead of the May 29 inauguration. His associates said the former Lagos State governor…
LAGOS MARCH 28TH (NEWSRANGERS)-Commercial banks are set to raise their cash withdrawal limits from the current N20,000-N50,000 range to over N80,000-N100,000, according to multiple bank officials. The move, it was learnt, would help bank branches to tackle lingering queues in some cities across the country. The Central Bank of Nigeria had on Friday directed commercial…
LAGOS MARCH 26TH (NEWSRANGERS)-Former President of Nigeria Chief Olusegun Obasanjo has warned against the dangers of the conspiracy against the Igbos of the South East which he described as Igbophobia contending that it would not mean well for the unity and development of the country. Obasanjo who spoke at the one-year anniversary celebration of the…
LAGOS MARCH 25TH (NEWSRANGERS)-Everton midfielder Alex Iwobi promised that Nigeria will bounce back after suffering a shock 1-0 home loss to Guinea-Bissau on Friday in Africa Cup of Nations qualifying. It was one of the biggest upsets in the history of the competition as Mama Balde scored for the Wild Dogs, who are 81 places…
LAGOS MARCH 23RD (NEWSRANGERS)-A total of N453.90 billion was approved today by the Federal Executive Council for the purchase of rolling stock, operational, and maintenance equipment for the currently under-construction Kano-Maradi standard gauge rail line. The Minister of Transportation, Mu’azu Jaji Sambo, disclosed this to State House Correspondents after this week’s Federal Executive Council meeting…
LAGOS MARCH 16TH (NEWSRANGERS)-Nigeria is withholding $743 million in revenue earned by international carriers operating in the country, the highest amount owed by any nation, a spokesperson for the global airlines industry association said on Thursday. Nigeria faces severe shortages of foreign currency, leading to restrictions on imports and meaning investors cannot convert local currency…
LAGOS MARCH 8TH (NEWSRANGERS)-The Federal Operations Unit, Zone A of the Nigeria Customs Service (NCS) on Tuesday said its officials have busted and arrested a two-man syndicate who specializes in forging Customs clearing documents. This is even has the Unit revealed that as at the time of arrest, the syndicate were set to bring in…