Why Cryptocurrency Black Market Is Booming In Nigeria

LAGOS FEBRUARY 22ND (NEWSRANGERS)-It’s been about two weeks since Nigeria’s Apex bank prohibited regulated financial institutions from dealing with Cryptos or face the wrath. At the fear of Nigeria’s Central Bank, financial institutions immediately began to close crypto-related firms. In the wake of such a ban, the demand for Bitcoin by Nigerians had exponentially grown…

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Nigeria Lawmakers Urge Buhari To Declare State Of Emergency On Security Without Delay

LAGOS FEBRUARY 17TH (NEWSRANGERS)-The Senate on Wednesday asked the President, Major General Muhammadu Buhari (retd), to declare a state of emergency on security without further delay. The red chamber made the call following a point of order by Senator Sani Musa (APC, Niger East), on the abduction of students and staff of the Government Science…

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Woman Who Was Married To Four Boko Haram Commanders Recounts Her Ordeal In Insurgents’ Camp

LAGOS FEBRUARY 14TH (NEWSRANGERS)-It was midnight when Falmata Bunu crept through the deadly Boko Haram camp in Northeast Nigeria’s Sambisa forest that had been her home for 15 months. She walked through the deadly forest for several days before finding help. Like the other girls conscripted by the militants, she had been warned that she…

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India Finally Bans Cryptocurrencies, Gives Investors Six Months To liquidate Assets

LAGOS FEBRUARY 14TH (NEWSRANGERS)-India has become the second country to outrightly ban Bitcoin and other cryptocurrencies. This is coming after the Central Bank of Nigeria instructed all financial institutions in the country to block the accounts of all individuals and entities linked to cryptocurrency transactions. There has been a lot of drama surrounding India’s cryptocurrency…

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Kidnappers Take Over Nigeria Capital Terrotory, Abuja

LAGOS FEBRUARY 7TH (NEWSRANGERS)-Residents of the Federal Capital Territory (FCT), Abuja, are living in palpable fear as kidnappers now operate freely without hindrance from security operatives. Around midnight on Thursday, four gunmen scaled the fence to the house of a journalist with Punch Newspapers, Mr Okechukwu Nnodim, in Abuja, shooting sporadically into the air. After…

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Re; Critical Steps Towards the Resolution Of Nigeria As A True Federation (1)

By Jerome-Mario Utomi         LAGOS FEBRUARY 3RD (NEWSRANGERS)-It is pretty obvious that the Nigerian Nation state seems to lack the necessary ingredients of real unity and peace required for her socio-economic development and genuine progress. This counter, cross and Trans arguments is particularly “nourished” by two separate but related factors. First is what many describe as…

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Environmental Group Hails Dutch Court Verdict Against Shell On Bayelsa Spill Victims

LAGOS JANUARY 30TH (NEWSRANGERS)-Environmental Rights Action/Friends of the Earth, Nigeria (ERA/FoEN) has applauded the decision of a Dutch Court of Appeal in favour four Bayelsa farmers impacted by oil spills.  Dutch court on Friday ordered the Nigerian subsidiary of Shell to pay compensation over oil spills in Bayelsa. The Court of Appeal in The Hague …

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