Category archives for: Business

Sunny Bath Joins dmg Events As Vice President For Data Management

LAGOS DECEMBER 4TH (NEWSRANGERS)-dmg events, an international events company, has appointed Sunny Bath to the role of Vice President for Data Management.  In his new role Sunny will be ensuring the most efficient use of data across the full scope of the dmg events’ portfolio, defining the company’s data road map and its technical requirements, […]

Nigeria Banks Sack Over 2,929 Staff Within Three Months

LAGOS DECEMBER 3RD (NEWSRANGERS)-Banks in Nigeria sacked total of 2,929 workers in the third quarter of 2019 according to fresh data from the National Bureau of Statistics.   The details are contained in a report on Selected Banking Sector Data: Sectoral Breakdown of Credit, ePayment Channels and Staff Strength data posted on the NBS website. […]

Three Injured, Six Arrested As Ghanaian, Nigerian Traders Clash

LAGOS DECEMBER 3RD (NEWSRANGERS)-Six persons have been arrested following a bloody clash between Ghanaian and Nigerian traders in Accra. Three persons, according to the police, were injured during the Monday morning fight at Kwame Nkrumah Circle.The fight follows the closure of shops belonging to some Nigerian traders. Earlier report suggested that the aggrieved Nigerian traders […]

Three Killed, Scores Injured As Truck Drivers, Dock Workers Clash At Tin Can Port

LAGOS DECEMBER 2ND (NEWSRANGERS)-Touts allegedly working for dock workers at TinCan, Lagos, at the weekend killed three truck drivers during a protest to stop extortion and other corrupt practices. It was gathered that the killings occurred on Friday evening at TinCan Second Gate, when some of the truck drivers insisted that collecting N20,000 bribe to […]

Bank Customers To Present Tax Clearance From Next Year

LAGOS  DECEMBER 2ND (NEWSRANGERS)-Evidence  of tax payment will be a condition for operating a bank account from January, according to the Financial bill passed by the National Assembly. The Bill, submitted to the lawmakers with Budget 2020 by President Muhammadu Buhari, is designed to improve financial operations of the country and streamline the tax regime. […]

‘Nigerians’ll No Longer Pay N50 On POS Transactions Above N1,000 From Next Year’

LAGOS DECEMBER 1ST (NEWSRANGERS)-The Federal Government has reviewed its policy on stamp duty charges, levied on electronic payments. This is captured in the new proposed finance bill, presently with the Senate. The new bill ensures that the N50 stamp duty charge will now be levied on electronic payments above N10,000 as against payments above N1,000. […]

Robbers Target PoS Operators In Lagos

LAGOS NOVEMBER 26TH (NEWSRANGERS)-Nigerians who have taken to operating Point of Sales as a means of business and survival are living in fear following reported cases of robbers hunting and targeting them. Operators in Mowe, Obafemi Owode Local Government Area of Ogun State and those in Ayobo area of Lagos State have already experienced the […]

Nigerian Naira Fast Becoming The Weakest Currency In Africa – See Current Exchange Rate

LAGOS NOVEMBER 25TH (NEWSRANGERS)-Take a look at the current exchange rate of the Naira compared to other African countries South Africa: Rand 1= 79 Naira Angola: 1 kwanza = 12 Naira Botswana: 1 Pula = 28 Naira Cape Verde: 1 Escudo = 8 Naira Algeria: 1 Dinar = 12 Naira Egypt: 1 Pound = 35 […]

Shell Wins Best Company To Work For Award

LAGOS NOVEMBER 21ST (NEWSRANGERS)-Shell companies in Nigeria have emerged winner in the best 100 companies  to work for in the latest Jobberman 2019 Report released in Lagos on Thursday. Shell led the pack of top 100 companies that respondents admire, respect and desire to work for the most.  Jobberman Chief Executive Officer, Hilda Kabushenga Kragha, said “Shell […]

Ghanaians Give Foreign Traders Final Ultimatum To Vacate Market

LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Ghana Union of Traders Association (GUTA), yesterday, gave a final ultimatum to foreigners involved in retail trade to leave the markets.  In furtherance with the eviction order, GUTA, consented to open temporarily, all recently closed shops to enable the owners pack their wares and move out. The traders Union in a […]

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