FG Approves N453.90bn For Construction Of Kano-Maradi Rail Line

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…

Read More

Nigeria Tops List Of Countries Withholding Airline Funds, Owes $743m-IATA

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…

Read More

Supreme Court Extends Usage Of Old Banknotes To Dec 31 Amid Cash Crunch

LAGOS MARCH 4TH (NEWSRANGERS)-Nigeria’s Supreme Court on Friday ordered the central bank to extend until Dec. 31 the use of old banknotes, whose withdrawal from circulation became an election issue after it caused cash shortages, widespread hardship and anger. The timing left many Nigerians fed up, hungry and exhausted right before a national election to…

Read More

Ex-Sierra Leone President Mike Koroma Leads ECOWAS Election Monitoring Team To Defence Hqtrs

  LAGOS FEBRUARY 24TH (NEWSRANGERS)-Ahead of the 2023 general elections, the former Sierra Leone President, Mr Mike Koroma today 23 February 2023 led Economic Community of West African States (ECOWAS)Election Monitoring Team to the Defence Headquarters (DHQ) in Abuja. Elated over the warm reception accorded to him and other members of the ECOWAS Election team,…

Read More