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African Development Bank Holds Workshop In Combating Illicit Financial Flows At Abuja

African Development Bank Holds Workshop In Combating Illicit Financial Flows At Abuja

LAGOS APRIL 20TH (NEWSRANGERS)-The African Development Bank will hold a Workshop on Strengthening the Role of Parliament in Combating Illicit Financial Flows from Africa (IFFs) from 24 to 26 April 2018 in Abuja. Since the approval of the Bank Group’s Policy on the Prevention of Illicit Financial Flows and its accompanying Strategic Framework and Action […]

Buhari: Shell To Invest $15bn In Nigeria

Buhari: Shell To Invest $15bn In Nigeria

LAGOS APRIL 20TH (NEWSRANGERS)-The Shell Group is preparing to invest $15bn in Nigeria, President Muhammadu Buhari said yesterday. The president disclosed this at the Commonwealth Business Forum at Guildhall, London, where he also canvassed for a healthier business relationship among Commonwealth nations. “Before I came here (Commonwealth Business Forum), the Shell group came and saw […]

Oil Price Dives As West Hints At Suspending Further Syria Strikes

Oil Price Dives As West Hints At Suspending Further Syria Strikes

LAGOS APRIL 16TH (NEWSRANGERS)-The price of oil fell sharply on Monday as traders started to see a decreased likelihood of further escalation between Western powers and Syria, following Friday night’s air strikes on the conflict-stricken nation. Both major oil benchmarks have fallen on Monday morning. Brent oil — the international benchmark — is down 1.36% […]

EFCC Drags Globacom To Court Over Alleged $6.7m Fraud

EFCC Drags Globacom To Court Over Alleged $6.7m Fraud

LAGOS APRIL 16TH (NEWSRANGERS)-The Economic and Financial Crimes Commission has charged telecommunications company, Globacom Limited, before the Lagos State Special Offences Court in Ikeja for an alleged fraud of $6,786,674.61. The firm was charged alongside its Indian Chief Marketing Officer, Ashok Israni, who was listed as the first defendant in the case. The one count […]

2018: Application Opens For She Leads Training And Funding For Women

2018: Application Opens For She Leads Training And Funding For Women

LAGOS APRIL 16TH (NEWSRANGERS) — Applications are now open for the She Leads Africa Accelerator 2018, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entrepreneurs. Entrepreneurs building technology enabled businesses across Nigeria are eligible to apply for coaching, networking opportunities and the chance to receive funding for their […]

Abuja Customs Worried Over Apapa Command Depreciating Revenue Performance

Abuja Customs Worried Over Apapa Command Depreciating Revenue Performance

LAGOS APRIL 16TH (NEWSRANGERS)-The Customs hierarchy in Abuja is greatly worried by the depreciating revenue performance of the Apapa Command, expressing fears that the command may not meet its 2018 target of N426 billion. The fear of Hameed Ali, the Comptroller-General of Customs is understandable because the target given to the Apapa Command is almost […]

Airlines Operators Cry Out Over Astronomical Increase In Aviation Fuel

Airlines Operators Cry Out Over Astronomical Increase In Aviation Fuel

LAGOS APRIL 16TH (NEWSRANGERS)-Airlines operators have cried out following the rise in the price of Jet A1, otherwise known locally as aviation fuel, to an all-time high of N260 per litre from N180 per litre. The skyrocketing price of the product has provoked panic in the sector with many predicting that more airlines may be […]

Mahama, Obi, Dangote, Others experts To Speak At 2018 Commonwealth Business Forum In London

Mahama, Obi, Dangote, Others experts To Speak At 2018 Commonwealth Business Forum In London

LAGOS APRIL 16TH (NEWSRANGERS)-Former Ghana President John Mahama, Former Governor of Anambra State, Mr Peter Obi, Africa’s richest man, Alhaji Aliku Dangote, and several other experts will speak and contribute their experience and leadership at the 2018 Commonwealth Business Forum holding April 16-18 in London, UK. The Forum will take place in conjunction with the […]

Bitcoin Company Stuns Customers, Absconds With Millions In Calabar

Bitcoin Company Stuns Customers, Absconds With Millions In Calabar

LAGOS ARIL 14TH (NEWSRANGERS)-A Bitcoin company in Calabar has disappeared into thin air with millions of Naira of customer’s money. As early as 8am yesterday, customers besieged the company’s office on Bassey Duke only to discover that the company had closed shop and vanished with their money. Several phone calls were made by the customers […]

African Development Banks Signs $100m Loan For Development Of Agriculture In Africa

African Development Banks Signs $100m Loan For Development Of Agriculture In Africa

LAGOS APRIL 12TH (NEWSRANGERS)– The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC). This Facility is innovatively structured as two successive loans of US $100 million, each with a tenor of up to 2 years, thus signifying the African Development Bank’s strong […]

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