LAGOS JUNE 5TH (NEWSRANGERS)-The reported drop in the price of cooking gas in the country has ignited heated reactions among Nigerians on Twitter. On Sunday, Wale Adedayo, a freelance writer, took to the microblogging platform to share a receipt for cooking gas purchased on June 1. The receipt showed that 12.5 kg of cooking gas…
LAGOS JUNE 4TH (NEWSRANGERS)-The planned industrial action scheduled for Wednesday by the Nigeria Labour Congress (NLC) has experienced a setback as the union appears divided with the South-west and northern states’ chapters pulling out of the proposed action, THISDAY has learnt. This is as one of the spokespersons of the All Progressives Congress (APC), Bayo…
LAGOS JUNE 1ST (NEWSRANGERS)-The House of Representatives has asked the new administration to provide palliatives to mitigate the effect of the petroleum subsidy removal on Nigerians. The resolution was contained in a report submitted by a committee set up last year to investigate subsidy. The committee’s report was considered and approved on Thursday by the…
LAGOS MAY 30TH (NEWSRANGERS)-Nigeria’s sovereign dollar-denominated bonds rose on Tuesday after new President Bola Tinubu said at his swearing in on Monday that a costly fuel subsidy would be removed and the central bank should work towards a unified exchange rate. Eurobonds were up as much as 1.77 cents in the dollar, with the 2029…