Massive Job Cut Looms As Dollar Hits N590, Forex Scarcity Bites Harder

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…

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Abba Kyari Hits NDLEA, Accuses Agency Of Assisting Drugs Barons, Claims He Was ‘Framed’

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…

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