LAGOS FEBRUARY 17TH (NEWSRANGERS)-Nigeria ruling Party All Peoples Congress(APC) is divided on the Naira redesign policy of the CBN. While Adams Oshiomole, former chairman of the party, Wednesday, mobilized people in Edo State to engage in protest that resulted in the killing of 4 protesters ,including a pregnant woman. His fellow party man,Governor Nasir El-Rufai of…
LAGOS FEBRUARY 16TH (NEWSRANGERS)-President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500 and N1,000 banknotes for 60 days. He, however, said old N500 and N1,000 banknotes are no longer legal tender in Nigeria. The President, who made this known in…
LAGOS AUGUST 16TH (NEWSRANGERS)-Nigerian President Muhammadu Buhari’s flip-flop over the sale of Exxon Mobil Corp.’s assets could discourage investment in Africa’s largest oil producer in the wake of industry reform meant to grow the sector. A $1.28 billion bid by Lagos and London-listed Seplat Energy Plc for shares in Exxon’s local subsidiary was initially backed…
LAGOS MAY 4TH (NEWSRANGERS)-Nigeria’s armed forces have dismissed suggestions that they should take over from President Muhammadu Buhari, who is facing mounting pressure over the country’s worsening insecurity. It was not the first time Nigeria’s armed forces have issued a statement backing Buhari, but the latest has come after weeks of criticism of the 78-year-old…
LAGOS MAY 1ST (NEWSRANGERS)-With his country ensnared in mounting jihadist violence, bandit attacks and kidnappings, Nigerian President Muhammadu Buhari is under fire from allies and enemies alike for appearing incapable of tackling the security crisis. April saw an almost daily toll of bloody assaults and abductions in Africa’s most populous nation. In the past week…
LAGOS MARCH 3RD (NEWSRANGERS)-The Federal Government has announced a complete ban on mining activities in Zamfara, declaring the state as “no fly zone’’. The National Security Adviser (NSO), retired Maj. -Gen. Babagana Monguno, made this known when he briefed State House correspondents at the end of the meeting of the National Security Council. The meeting…
LAGOS DECEMBER 23RD (NEWSRANGERS)-IF anyone still doubted that criminals have overrun parts of Nigeria, the audacious bandits that stormed Government Science Secondary School, Kankara, Katsina State, on December 11 and ferried away over 300 boys erased all such illusion. The kidnapping was spectacular in itself; the fact that the terrorists struck in a town a…
LAGOS DECEMBER 9TH (NEWSRANGERS)-The Attorney-General of the Federation, Abubakar Malami (SAN), says the National Assembly lacks the power to invite the President, Major General Muhammadu Buhari (retd.), to speak on security matters. Malami, who is also the Minister of Justice, said this in a statement titled, ‘Buhari’s Summon: NASS Operates Outside Constitutional Bounds’ on Wednesday….