LAGOS MARCH 2ND (NEWSRANGERS)-Shell companies in Nigeria underlined their participation at the 8th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri. The Minister was briefed on the range of Shell businesses in Nigeria and recent investments…
LAGOS MARCH 28TH (NEWSRANGERS)-The value of used vehicles imported into Nigeria decreased by 47 percent in 2022 to N325.05 billion from N617.48 billion in 2021, according to data from foreign trade from the National Bureau of Statistics (NBS). NBS reports that used cars with diesel or semi-diesel engines cost N72.32 billion to import in the…
LAGOS JUNE 23RD (NEWSRANGERS)-The valuation of six top Nigerian players has drop ahead of the summer transfer window, The PUNCH reports. The summer transfer window for 2021 will be reopened on July 1 and closes August 31. The players, who have already seen their market values drop significantly are Alex Iwobi, Victor Osimhen, Samuel Chukwueze,…
LAGOS MAY 7TH (NEWSRANGERS)-Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money; Bank of England (BOE) Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have been on a tear this year; reminding some investors of the 2017 crypto bubble in which…
LAGOS MARCH 1ST (NEWSRANGERS)-The prevailing market volatility at the crypto market led to heavy losses of global investors’ funds when roughly $70 billion worth of crypto positions evaporated into thin air within a day. The downward trend gained momentum immediately after the flagship crypto touched below the $45,000 value amid several large sell orders placed…
LAGOS JULY 14TH (NEWSRANGERS)- The value of Nigeria footballers plying their trade in overseas countries have dropped drastically in the transfer market. Super Eagles play-maker, Alex Iwobi has seen his market value drop by as much as €6.5m and that is €32m to €25.5m, according to transfermarkt.com which officially rates every player. The Nigeria international…