By Tony Ogunlowo LAGOS JANUARY 9TH (NEWSRANGERS)-‘Titanic’ can mean something that is very big, gigantic or enormous and it was also the name of a ship that sank on its maiden voyage. When the Titanic sank in 1912 it sank due to a number of avoidable factors: a ship deemed unsinkable that wasn’t fitted with…
LAGOS DECEMBER 30TH (NEWSRANGERS)-The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies, The PUNCH reports. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements…
LAGOS DECEMBER 16TH (NEWSRANGERS)-Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates…
LAGOS DECEMBER 15TH (NEWSRANGERS)-The Independent National Electoral Commission (INEC) has described the reports circulating on social media about the alleged death of its Chairman, Prof. Mahmood Yakubu as “false.” Recall that unconfirmed reports circulating online claimed that Yakubu died in a London hospital. However, in a statement on Saturday, the Chief Press Secretary to the…
LAGOS DECEMBER 13TH (NEWSRANGERS)-The Federal Government of Nigeria is to benefit from a Five Hundred Million Dollar loan facility from the World Bank for the Human Capital Opportunities for Prosperity and Equity (HOPE) project in the country. The Honourable Minister of Budget and Economic Planning Sen. Abubakar Atiku Bagudu made this known during a courtesy…
LAGOS DECEMBER 13TH (NEWSRANGERS)As the year 2024 gradually draws to an end and Nigerians embark on end of year holiday plans, there are concerns about incessant kidnappings on the highways across the country. The situation is worsened by the astronomical increase in the price of flight tickets, making that option a no-go-area for the average…
LAGOS DECEMBER 3RD (NEWSRANGERS)-After roughly 65 years of operations in Nigeria, Swiss cement and other building materials’ maker, Holcim, on Sunday announced that it was set to leave the country. The company said in a brief statement that it will exit its Nigerian business through the sale of its almost 84 per cent stake in…
LAGOS NOVEMBER 20TH (NEWSRANGERS)-The Nigerian Consumer Credit Corporation (CREDICORP) has kicked off its Project S.C.A.L.E. (Securing Consumer Access for Local Enterprises), a transformative initiative to accelerate growth of Nigeria’s local industries by providing consumer credit to Nigerians specifically for purchase of goods and services of local vendors and manufacturers. This is a part of President…