Category archives for: Business

Japanese Restaurant Where Monkeys Serve As Waiter, Get Bananas As Salary

LAGOS JULY 4TH (NEWSRANGERS)-In a bid to attract new customers and retain old ones, restaurants always make efforts to do something unique. In such one-of-its-kind effort, a restaurant in Japan has included monkeys to serve. The Kayabukiya Tavern is a traditional-style Japanese restaurant. It looks like an ordinary food point with modest premises until one […]

Ekiti Govt, UNOPS, SHS To Build 50,000 Affordable Homes Over 10 Years

LAGOS JULY 1ST (NEWSRANGERS)-The government of Ekiti State, SHS Holdings, and UNOPS have today (1 July 2020) announced a deal to build at least 50,000 affordable homes over the next decade. A statement made available to NewsRangers disclosed that  all of the new affordable homes built will include renewable energy and disease preventative technology – […]

Saudi Triples VAT To 15% After Twin Shock Of Covid-19

 LAGOS JULY 1ST (NEWSRANGERS) – Saudis braced Wednesday for a tripling in value added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom’s worst economic decline in decades. Retailers in the country reported a sharp uptick in sales this week of everything from gold and […]

Nigerians To Pay More For Airfare As Domestic Flights Resume

LAGOS JUNE 30TH (NEWSRANGERS)-The Nigerian government has approved the resumption of domestic flight as soon as practicable inline with existing international and local guidelines on COVID-19. The Chairman of the Presidential Task Force (PTF) on COVID-19, Boss Mustapha, who made this known at its bi-weekly briefing on Monday, said Nigerians should expect a hike in […]

COVID-19 Lockdown Abuse: Civil Aviation Authority Bans Private Jets From Charter Services

LAGOS JUNE 30TH (NEWSRANGERS)-In a move it says will check the abuse of private jets in the country and regularize their operations, the Nigeria Civil Aviation Authority (NCAA) has banned the use of private jets for charter flight services. The ban came into effect Monday. THEWILL recalls that private jets, which usually operate on a […]

Trade Michro Grand Car Hire Service Open In Abuja, FCT

LAGOS JUNE 30TH (NEWSRANGERS)-For   transportation comfort   of visitors, corporate officials, tourists, politicians and residence of Abuja  a new car hire service have just been opened  in Abuja, the Federal Capital Territory (FCT). Known as Trade Michro Grand (TMG) Car Hire Service, the essence of the business outfit is to provide comfortable and cheap car hire […]

Windfall: Tanzanian Miner Becomes Millionaire After Selling Two Gemstone For $3.4m

LAGOS JUNE 26TH (NEWSRANGERS)-A small-scale miner in Tanzania has become an overnight millionaire after selling two rough Tanzanite stones – the biggest ever find in the country. Saniniu Laizer earned £2.4m ($3.4m) from the country’s mining ministry for the gemstones, which had a combined weight of 15kg (33 lb). “There will be a big party […]

Nigeria’s Economy Faces Worst Recession in Four Decades- s World Bank Report

LAGOS JUNE 25TH (NEWSRANGERS)-The collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s, according to the latest World Bank Nigeria Development Update (NDU). The report, “Nigeria In Times of COVID-19: Laying Foundations for a Strong Recovery,” estimates that […]

Court Orders Zenith Bank To Refund Unacknowledged $8,541 To Customer

LAGOS JUNE 20TH (NEWSRANGERS)-A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse payment of 8,541 dollars from the account of one of its customers, Mr Ida Gabriel. Delivering judgment, Magistrate Aliyu Shafa, held the defendant (Zenith Bank Plc) was not able to prove to the court that the said […]

Presidency Strategizes To Retain On Customs, NPA, Police In Nigeria Ports

LAGOS JUNE 19TH (NEWSRANGERS)-The Presidential Enabling Business Environment Council (PEBEC) has disclosed that it is aiming to ensure that only the Nigerian Customs Service, Nigerian Ports Authority (NPA), and Nigerian Police Force will be at seaports once the Single Window and functional scanners are put in place. PEBEC said as there would be no need […]

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