LAGOS MARCH 24TH (NEWSRANGERS)-The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, The PUNCH has learnt. The development may lead to massive job loss in the manufacturing industry, among other sectors, according to the Manufacturers Association of Nigeria. The…
LAGOS MARCH 24TH (NEWSRANGERS)-If the directive by the House of Representatives executive by Central Bank of Nigeria (CBN) on the introduction of the enforcement of the use of coins as a legal tender to tackle price inflation and stabilise the economy it means Nigerians are expected to revert to the use of coins in soonest. The…
LAGOS MARCH 7TH (NEWSRANGERS)-The Federal Government has said there are other challenges that led to the nationwide power outage apart from the issue of the drop in water level at dams. The Minister of Power, Engineer Abubakar Aliyu, said this Wednesday while fielding questions from State House reporters after the Federal Executive Council (FEC) meeting…
LAGOS MARCH 15TH (NEWSRANGERS)-Embattled Police Chief, Abba Kyari has claimed that the National Drug Law Enforcement Agency, NDLEA has been assisting drug dealers to bring in Cocaine into Nigeria. This newspaper earlier reported that Kyari and four other police officers under the IRT were arrested in February for attempting to bribe an NDLEA officer with…
By Jerome-Mario Chijioke Utomi LAGOS MARCH 3RD (NEWSRANGERS)-Among many other comments in the recent past, I heard some say that across the globe, funding education now comes with a crushing weight that government alone can no longer bear. To this group, it calls for private public-private partnership and support from good spirited individuals to the…
LAGOS MARCH 2ND (NEWSRANGERS)-Various women groups on Wednesday occupied the gate of the National Assembly in protest against the rejection of women-related bills at plenary. The lawmakers on Tuesday rejected all women-related bills including the one seeking to give at least ten slots to women as ministers and commissioners in the federal and state governments…
LAGOS MARCH 2ND (NEWSRANGERS)-–As Nigeria today marked the one-year anniversary of the first shipment of COVID-19 vaccines to the country via the COVAX Facility, efforts are stepping up to ensure vaccine delivery targets are met. One year on from the first shipment, more than 65.8 million COVID-19 vaccines have been received in Nigeria through COVAX,…
LAGOS FEBRUARY 24TH (NEWSRANGERS)-Protests by freight forwarders and customs brokers at the Lagos Port, which began at the weekend, may have cost the country over N200 billion as port activities remained paralysed as of yesterday evening. Port expert and President of National Council of Managing Directors of Licensed Customs Agents, Mr. Lucky Amiwero, told New…
