LAGOS MARCH 6TH (NEWSRNAGERS)-The International Monetary Fund (IMF) has said the reforms of the Bola Ahmed Tinubu government has restored economic stability in the country and further helped in the strengthening of the value of the naira. According to the first deputy managing director of the IMF, Gita Gopinath, the government had embarked on the…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which have already improved crude oil production to about 1.75…
LAGOS FEBRUARY 6TH (NEWSRANGERS0-A former governor of Anambra State and presidential candidate of the Labour Party in the 2023 general election, Peter Obi, has advised that Kemi Badenoch’s remarks about Nigeria should spur the country into improving living conditions for its citizens. Obi explained that despite being a Nigerian, blind patriotism was not enough. In…
LAGOS NOVEMBER 17TH (NEWSRANGERS)-The latest International Monetary Fund (IMF) report on the economic outlook for sub-Saharan Africa has indicated that Nigeria’s ongoing economic reforms are struggling to deliver meaningful results, even 18 months after their implementation. The report, presented on Friday at the Lagos Business School (LBS) by IMF Deputy Director Catherine Patillo, highlighted a…
LAGOS AUGUST 2ND (NEWSRANGERS)-President Bola Tinubu has barely been in power for two months but his radical reforms are already trying the patience of fellow Nigerians. Surging gasoline prices and rampant inflation following the abolition of fuel subsidies and exchange rate reform are hammering the poor in Africa’s most populous nation, where 40% of its…
LAGOS JULY 23RD (NEWSRANGERS)-The Chief Executive Officer, Financial Derivatives Company Limited, Bismarck Rewane has assured Nigerians that the economic reforms and policies of President Bola Tinubu’s administration will start yielding results from the first quarter of 2024. Rewane said this on Saturday, while speaking on Arise News TV programme, adding that there will be more…
LAGOS OCTOBER 10TH (NEWSRANGERS)-The Head of Service of the Federation, Dr.FolashadeYemi-Esan, in a move to deepen on-going reforms and the streamlining of operations at the National Lottery Regulatory Commission (NLRC), has instructed the Governing Board and Management to commence this week, a thorough audit of the Senior Staff of the Commission. The Head of Service’s…
LAGOS JULY 12TH (NEWSRANGERS)-Impressed by the impact of Governor Godwin Obaseki’s reforms in building a vibrant technology and innovation community at the Edo Innovation Hub, a former governorship aspirant of the Peoples Democratic Party (PDP), Engr. Gideon Ikhine has offered a grant of N1 million to two start-ups at the technology hub. Engr. Ikhine made…