LAGOS APRIL 20TH (NEWSRANGERS)-The Lagos State Emergency Management Agency (LASEMA) says the death toll from the building collapse in the Ojodu-Berger area has increased to five. The three-storey building, located at 9&10 Oremeta street, crumbled on Saturday, trapping employees of a restaurant and customers beneath the debris. The agency had initially reported that one person…
LAGOS APRIL 6TH (NEWSRANGERS)-Canada in March marked the first drop in employment in three years, the national statistical agency said Friday, as uncertainty over US tariffs led businesses to cut staffing and stall hiring. Some 33,000 net jobs were shed in the month, pushing the unemployment rate up 0.1 percentage points to 6.7 percent, according to Statistics Canada. The…
LAGOS DECEMBER 6TH (NEWSRANGERS)-Naira devaluation raised Nigeria’s external debt by about N30.03tn between 2023 and June 2024 when considered in naira terms, an analysis by The PUNCH showed. Despite a reduction in the country’s debt when measured in US dollars, the exchange rate shift has made Nigeria’s foreign obligations far more costly in local currency….
LAGOS SEPTEMBER 28TH (NEWSRANGERS)-President Javier Milei’s government has applied a drastic austerity program with the aim of eliminating the budget deficit and taming chronic inflation (STRINGER) (STRINGER/AFP/AFP) Poverty in Argentina rose to affect over 52 percent of the population in the first six months of self-declared “anarcho-capitalist” Javier Milei’s presidency, according to official data released…
LAGOS MAY 30TH (NEWSRANGERS)-Prices of essential food items in Nigeria surged significantly in April 2024 compared to the same period last year, according to the latest Selected Food Price Watch report from the National Bureau of Statistics (NBS). The report revealed a concerning rise in the cost of staple foods across the board. Here’s a…
LAGOS DECEMBER 19TH (NEWSRANGERS)-The rate of inflation in Canada unexpectedly remained stuck at 3.1% last month, giving the central bank another reason to keep its policy rate at the highest level in two decades. The consumer price index rose by 3.1% in November from a year ago, matching the increase a month earlier, Statistics Canada…
LAGOS OCTOBER 16TH (NEWSRANGERS)-The number of Americans confirmed dead as a result of the war in Israel rose to 30 on Sunday. “At this time, we can confirm the deaths of 30 U.S. citizens. We extend our deepest condolences to the victims and to the families of all those affected,” a spokesperson for the State…
LAGOS JUNE 26TH (NEWSRANGERS)-As Muslim faithful prepare for the Eid-el-Kabir celebration, price of rams and basic food commodities in various markets across Nigeria has led to widespread lamentation among Nigerians, the News Agency of Nigeria reports. Different market surveys conducted by NAN correspondents in various states of the federation on Sunday, showed that the situation…