LAGOS JUNE 28TH (NEWSRANGERS)-New Nigerian President Bola Tinubu has moved at lightning speed in his first month in office, implementing a raft of radical changes aimed at finally unleashing the full potential of Africa’s sluggish economic giant. But while his rapid headway on reforms has wowed investors, some analysts, observers and business leaders warn that…
LAGOS JUNE 26TH (NEWSRANGERS)-Food giant Nestle’s businesses in Nigeria and other African countries are ramping up sourcing of local raw materials like starch and turmeric, a move that may help reduce foreign exchange exposure that has been a headache for the sector. In the wake of the COVID-19 pandemic and the supply chain problems it…
LAGOS JUNE 26TH (NEWSRANGERS)-A lecturer at the Federal University of Agriculture, Abeokuta, Prof. Samuel Oluwalana, has said Nigeria is losing a huge amount of money for its failure to export human faeces, cockroaches, as well as, scorpions to foreign countries. The lecturer noted that the American government gets $3.5 billion every year because it is…
LAGOS JUNE 23RD (NEWSRANGERS)-A glut of unsold Nigerian oil has built up again with as much as half of output due to be loaded next month still searching for buyers. Traders of the nation’s oil said the surplus has been caused in part by a request for back taxes from shipping companies, which caused a…
LAGOS JUNE 23RD (NEWSRANGERS)-The NFF led by President Ibrahim Gusau face by far their sternest test yet as it concerns the future of Super Eagles coach Jose Peseiro. Peseiro’s contract runs out at the end of this month and even though he has qualified Nigeria to the 2023 AFCON to be hosted by Cote d’Ivoire…
LAGOS JUNE 22MD (NEWSRANGERS)-Sunday Igboho, the prominent Yoruba freedom fighter, has declared his intention to return to Nigeria and resume his agitation efforts. POLITICS NIGERIA reports that Igboho reassured his followers that he would soon be back in Ibadan, Oyo State, where his campaign for a Yoruba nation has gained significant traction. In a viral…
LAGOS JUNE 19TH (NEWSRANGERS)-Bill Gates, co-chair of the Bill and Melinda Gates Foundation, will visit Nigeria next week. The billionaire will also be visiting Niger Republic. According to a statement seen by TheCable, Gates’ visit to the two countries is to discuss global health and development with national and local leaders, foundation partners, grantees, scientists,…
LAGOS JUNE 16TH (NEWSRANGERS)-The Zone 2 Police Command ,Onikan, Lagos, has busted an international kidnap syndicate in Ogun State and nuetralized for members of the gang during a gun battle. One unregistered Bajaj motorcycle, four AK 47 riffles, six magazines loaded with live ammunition were recovered from the criminal hideout of the syndicate. The syndicate…