Category archives for: Business

Federal Govt, Karmod Nigeria To Partner On National Cooperative Housing Scheme

LAGOS OCTOBER 17TH (NEWSRANGERS)The Minister of Works and Housing, Babatunde Fashola, on Tuesday, said the Federal Government will be willing to partner with 21st-century innovative companies like Karmod Nigeria in the implementation of the planned national cooperative housing scheme aimed at providing affordable houses for Nigerians. According to Fashola, the scheme will help tremendously in addressing the […]

Access Bank Women Empowerment Programme Targets 2m Women For Health Month

LAGOS OCTOBER 17TH (NEWSRANGERS)- The W Initiative, a flagship women empowerment programme from Access Bank Plc, has announced plans for its 2019 W Health Month aimed at improving community awareness on health issues that affect women and their families by bridging knowledge gap, providing access to health checks and encouraging healthy lifestyle habits. Slated to run […]

N98.82m Counterfeited Banknotes Are In Circulation In Nigeria-CBN

LAGOS OCTOBER 17TH (NEWSRANGERS)- The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82 million was recorded in 2018. The bank said this in the Currency Operations 2018 Annual Report, posted on its website. The CBN said the figure indicated a […]

ACFTA: Standard Organisation Of Nigeria Sets To Tackle Fake, Substandard Products

LAGOS OCTOBER 17TH (NEWSRANGERS)-The Director General, Standards Organisation of Nigeria, SON,Dr Joseph Odumodu has said that the Agency is ready to tackle issues of fake and substandard products coming into Nigeria, with the approval  of African Continental Free Trade Agreement, ACFTA, by government. The SON boss made this known through his representative, Engineer Enebi Olutoye […]

American,Brazillian, Southwest Airlines Ground Boeing 737s After Checks Reveal Cracks In Planes

LAGOS OCTOBER 10TH (NEWSRANGERS)-An American airline has grounded two Boeing jets after finding cracks in parts that connect the wings to the fuselage. A Brazilian airline has also grounded 11 Boeing 737s after finding evidence of “the need to replace a specific component”. Southwest Airlines and Brazil’s Gol Linhas Aereas were among the companies which […]

London Appeal Court Rejects Bid To Dismiss Nigeria $875m Case Against US Bank

LAGOS OCTOBER 9TH (NEWSRANGERS)-An $875 million (716.7 million pounds) Nigerian government lawsuit against U.S. bank JPMorgan is clear to move forward after a London-based appeals court on Tuesday rejected the bank’s bid to have the case dismissed. The bank had asked the court to quash the Nigerian government’s case, arguing that it had no prospect […]

All Is Set For Second Africa Investment Forum In South Africa By November

LAGOS OCTOBER 8TH (NEWSRANGERS)-The second edition of the Africa Investment Forum, a game-changer to tilt capital flow into the continent, will take place from 11-13 November 2019 at the Sandton Convention Centre in Johannesburg, South Africa. The forum, organized by the African Development Bank and its partners, is the largest multi-stakeholder and multi-disciplinary marketplace aimed […]

Rwanda’s Mara Group Launches First ‘Made In Africa’ Smartphones

LAGOS OCTOBER 8TH (NEWSRANGERS)-Rwanda’s Mara Group launched two smartphones on Monday, describing them as the first “Made in Africa” models and giving a boost to the country’s ambitions to become a regional technology hub. The Mara X and Mara Z will use Google’s Android operating system and cost 175,750 Rwandan francs ($190) and 120,250 Rwandan […]

NLNG Hails GOCOP 2019 Conference Theme, Commends Support

LAGOS OCTOBER 6TH (NEWSRANGERS)-The Management of Nigeria LNG Limited has commended the 2019 conference theme of the Guild of Corporate Online Publishers (GOCOP) describing it as very relevant at this time considering the prevailing economic issues in Nigeria. The organization thanked GOCOP for its constant support, adding that they value its partnership with them in […]

Ohaneze Youths Accuse Nigeria Custom Officials Of Sabotaging Igbo Traders

LAGOS OCTOBER 4TH (NEWSRANGERS)-The Ohaneze Youth Council has accused officials of the Nigerian Customs Service (NCS) of extorting Igbo traders. The group alleged that the NCS officials have been carrying out, relentless extortion and exploitation of Igbo traders and businessmen in the country, particularly Lagos state. The council stated that it is embittered by the […]

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