LAGOS JUNE 14TH (NEWSRANGERS)-The Nigerian stock market rose to its highest level since July 2008 on Tuesday, the first day of trading after the suspension of the Central Bank Governor, Godwin Emefiele. According to a report by Bloomberg, investors are betting on a currency devaluation and sent the main index of the Nigerian Exchange to above 57,437…
LAGOS APRIL 15TH (NEWSRANGERS)-The Lagos State Commissioner of Police, Idowu Owohunwa, has ordered the immediate removal of the Divisional Police Officer of Okokomaiko, SP Emmanuel Edebagha, for lack of supervision of his men. The CP also ordered immediate disciplinary action against Edebagha and all officers involved in the act. This was disclosed by the state…
LAGOS APRIL 5TH (NEWSRANGERS)-The Nigeria Labour Congress, NLC, has warned that those pushing for subsidy removal in Nigeria are out to set the country on fire. The warning came against the backdrop of an announcement that the outgoing government of President Muhammadu Buhari had left the decision of petrol subsidy removal to the incoming government….
LAGOS NOVEMBER 5TH (NEWSRANGERS)-The Nigeria Immigration Service on Friday dismissed eight of its personnel from the service for various offences relating to indiscipline, employment racketeering and other forms of corrupt practices. Also, 18 officers were sanctioned for the same reason. Last month, the Comptroller-General, NIS, Isah Idris, ordered the investigation into a case of extortion…
LAGOS OCTOBER 7TH (NEWSRANGERS)-Following the report of the Medium Term Expenditure Framework Fiscal Strategy Paper (MTEF/FSP,) the Senate has approved the removal of Government-Owned Enterprises (GOEs) from the 2023 national budget. The affected agencies are; Nigerian Ports Authority (NPA), National Agency for Food and Drugs Administration and Control (NAFDAC), Nigerian Maritime Administration and Safety Agency (NIMASA)…
LAGOS JANUARY 25TH (NEWSRANGERS)-The Federal Government, through the Minister of Finance, Budget and National Planning, Zainab Ahmed, has suspended the planned petrol subsidy removal. Speaking during a meeting held at the National Assembly in Abuja on Monday, the Minister said the suspension is till further notice. The PUNCH had earlier reported that the Minister of…
LAGOS JULY 29TH (NEWSRANGERS)-Festus Keyamo, Nigeria’s Minister of State for Labour, has urged the ruling All Progressives Congress, APC, to dismiss Mai Mala-Buni, the head of the caretaker committee, as soon as possible. Keyamo’s declaration comes after the party barely defeated the People Democratic Party’s Eyitayo Jegede in a legal battle between Ondo state governor…
LAGOS JULY 9TH (NEWSRANGERS)-Some elders of the All Progressives Congress (APC) in Kwara State on Thursday called for the immediate suspension of the Minister of Information and Culture, Alh Lai Mohammed, from the party. They equally demanded the removal of Mohammed as a minister from the cabinet of President Muhammadu Buhari. Addressing a news conference…