LAGOS FEBRUARY 1ST (NEWSRANGERS)-Residents of some communities and markets in the Illela Local Government Area of Sokoto State have begun to abandon the Nigerian currency for CFA franc because of the shortage of New Naira Notes, SaharaReporters has gathered. Investigations showed that Illela, a border town with Niger Republic and of about 105 kilometres from…
LAGOS JANUARY 27TH (NEWSRANGERS)-Bandits have turned down a N5. 3 million ransom which was paid to them with the old naira notes. They said the old notes will soon cease to become a legal tender hence their decision to reject it. Recall that the leader of the bandits, who raided Azara, Janjala and Kadara communities…
LAGOS JANUARY 16TH (NEWSRANGERS)-As Nigerians prepare to elect a new president next month, the Presiding Overseer of the Citadel Global Community Church (formerly Latter Rain Assembly), Pastor Tunde Bakare, yesterday advised them to shun those promoting ‘emilokan’ and politics of entitlement. Bakare also pointed out that good politicians seeking for votes from the electorates do…
LAGOS JANUARY 12TH (NEWSRANGERS)-Against the backdrop of rising exchange rate and other exogenous factors, importation into the nation’s seaports dropped by 40 per cent, even as importers are abandoning Nigerian ports for neigbouring countries over high cost of doing business Stakeholders who spoke with Daily Sun yesterday, said that incessant increases in Customs duty, falling of naira…
LAGOS JANUARY 12TH (NEWSRANGERS)-The crisis rocking the All Progressives Congress in Enugu State took a turn for the worse on Wednesday as major party stakeholders boycotted the APC presidential campaign rally in the state. The presidential candidate of the party, Bola Tinubu, was reportedly received by major stakeholders of the APC at the Akanu Ibiam…
LAGOS NOVEMBER 14TH (NEWSRANGERS)-Bureau de change operators in Adamawa State are rejecting foreign currencies from customers due to growing uncertainty in the parallel market. Some of the money changers interviewed at Jimeta Modern Market in Yola said they were apprehensive over the sudden and continued crash of the dollar which destabilized the parallel market. The…
LAGOS SEPTEMBER 1ST (NEWSRANGERS)-Presidential candidate of the Labour Party, LP has commended President Muhammadu Buhari for calling on Nigerians to shun ‘money bags’ politicians. Obi made this commendation in a statement via his verified Twitter handle on Wednesday. He said, “I share fully in the sentiments and views attributed to H.E President @MBuhari on the…
LAGOS JUNE 17TH (NEWSRANGERS)-Igbo leaders, on Wednesday, reiterated their aversion to the taking the position of the Vice President in any of the major political parties in Nigeria, a position they started drumming up early enough in the current political arrangement in the country. But it comes as they threw their weight firmly behind Peter…