$7.5bn Loan Issued By US Banks To Nigeria In 2015 Surge  As Tinubu Removes Subsidy

LAGOS AUGUST 12TH (NEWSRANGERS)-Nigeria’s central bank has reported a $7.5 billion loan from U.S. banks JP Morgan and Goldman Sachs in financial statements published for the first time since 2015, sending the country’s international bonds tumbling on Friday. Nigeria’s government has had to seek overdrafts from the central bank to plug a widening deficit amid…

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Queues Hits Abuja, Lagos, Other Cities As Tinubu Announces Fuel Subsidy Removal

LAGOS MAY 30TH (NEWSRANGERS)-Petrol stations in Lagos started witnessing queues few hours after President Bola Tinubu announced that “fuel subsidy is gone”. Daily Trust observed that NNPC stations in Ikeja, Alausa were crowded by motorists who rushed to buy the product. Many private stations were not selling as of the time of filing this report….

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Inauguration: Tinubu Removes Fuel Subsidy, Pledges To Be President For All

LAGOS MAY 29TH (NEWSRANGERS)-President Bola Ahmed Tinubu has appealed to Nigerians to burry political differences and join him in a new journey of healing, nation-building and economic prosperity.  In his inaugural address after taking the oaths of office and allegiance administered by the Chief Justice of Nigeria Justice Kayode Ariwoola, at the Eagles Square, Abuja,…

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