LAGOS MAY 26TH (NEWSRANGERS)-Nigerian banks require up to one month to provide customers with dollars for their offshore expenses, a move that will limit access to the currency at a time when the central bank is squeezing supplies to banks, industry sources said on Wednesday. Nigeria is facing chronic dollar shortages while rising demand has…
LAGOS AUGUST 24TH (NEWSRANGERS)-The national power grid has collapsed for the second time in less than a month, worsening the blackout being experienced by households and businesses in parts of Nigeria. The collapse, which occurred around 1:00pm on Monday, was confirmed by two of the electricity distribution companies in the country. The grid had on…
LAGOS AUGUST 10TH (NEWSRANGERS)-No fewer than 816 people were reported to have died of Cholera disease infection within a month in Nigeria. The Nigeria Centre for Disease Control (NCDC) who made the disclosure in a statement made available to NewsRangers said between the 1st of January and 1st of August 2021, 31,425 suspected cases of…
LAGOS MAY 6TH (NEWSRANGERS)-The federal government on Wednesday , extended the suspension imposed on local and international flights by additional four weeks. Speaking at the briefing of the presidential task force on COVID-19 , Secretary to the Government of the Federation, , Boss Mustapha said after due consultation, the federal government decided to extend the…