LAGOS MARCH 28TH (NEWSRANGERSNGERS)-The Federal Government has declared Friday, March 29 and Monday, April 1, 2024, as public holidays to mark the celebrations of 2024 Good Friday and Easter Monday respectively. The declaration was made by the Minister of Interior, Olubunmi Tunji-Ojo, on behalf of the federal government in a statement signed by the Permanent…
LAGOS MARCH 26TH (NEWSRANGERS)-The President Bola Tinubu-led Nigerian government says it has invited Kaduna-based Islamic cleric, Ahmad Gumi, over his comments on the activities of bandits in the country. The Minister of Information and Orientation, Mohammed Idris, disclosed this while addressing journalists at the State House, Abuja, on Monday. Idris said Gumi was not above…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-The International Monetary Fund (IMF) has urged the Federal Government to completely phase out electricity subsidy in the country as a result of the hardship Nigerians are facing since the removal of fuel subsidy in May 2023. The Bretton Woods Institution made this recommendation as the mechanism for Nigeria to restore macroeconomic…
LAGOS AUGUST 16TH (NEWSRANGERS)-Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more, and blamed foreign exchange shortages on “gross mismanagement” at the central bank. Longer dated notes fell further. The 2051 maturity dropped as much as 1.7 cents on the dollar to 68.894 cents,…