LAGOS MAY 8TH (NEWSRANGERS)-An historic intercontinental rail link is aiming to link Europe to Morocco with an ambitious underwater tunnel. The Moroccan National Company for Strait Studies (SNED) announced last week it is are starting feasibility research on a revived 40-year-old train project that can connect Europe and Africa by 2030. The project highlights a…
Some foreign airlines operating in Nigeria on Saturday announced plans to begin the sales of tickets in US dollars, New Telegraph reports. Industry insiders claim that the airlines have promised to sell dollar tickets in order to clear the backlog of monies they have stashed in Nigeria. According to sources, the plan was accepted by…
LAGOS NOVEMBER 26TH (NEWSRANGERS)-Nigeria’s central bank pledged major changes to get a grip on inflation and steady the country’s battered currency, signaling tighter monetary policy ahead. The Central Bank of Nigeria will switch to inflation targeting instead of trying to control money supply in its battle to slow price increases, Governor Olayemi Cardoso said in…
LAGOS OCTOBER 24TH (NEWSRANGERS)-Marketers of cooking gas under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers exposed the plans by some operators of gas terminals in Nigeria and some sets of cabals running the business, to increase the price of 12kg of gas to N25,000. The marketers also revealed that the high…