July 14, 2025
Headlines

Shut Down operation

767 Manufacturers Shut Down Operation, 335 Distressed In 2023 – MAN

News Rangers08 mins

LAGOS MARCH 6TH (NEWSRANGERS)-The Manufacturers Association of Nigeria has said that 767 manufacturers shut down operations while 335 became distressed in 2023. This came against the backdrop of exchange rate volatility, rising inflation and other economic challenges that have worsened the investment climate. MAN stated this in a statement in which it condemned the recently…

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Gas Scarcity Looms As NLNG Shuts Operations Over Flooding

News Rangers03 mins

LAGOS OCTOBER 18TH (NEWSRANGERS)-The Nigeria Liquefied and Natural Gas company has declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said on Monday. Force majeure is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the…

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