Category archives for: Business

Nigeria Is Expected To Be Major Player In 2019 Africa Investment Forum In South Africa

LAGOS JULY 12TH (NEWSRANGERS)— Nigeria will feature significantly in the 2019 Africa Investment Forum scheduled to take place in Johannesburg, South Africa this November, business leaders and government heard at a roadshow event held in the capital Abuja. Following the hugely successful inaugural edition held last year, the African Development Bank’s innovative investment marketplace set […]

Nigeria Customs To Pay N5.5b Fine Over Seizure Of 90 Containers Of Imported Rice

LAGOS JULY 11TH (NEWSRANGERS)-A Federal High Court in Abuja on Wednesday, has awarded damages amounting to over N5.5billion in favour of a firm, Maggpiy Trading TFZE., against the Nigerian Customs Service (NCS) and the Board Chairman, over the unlawful seizure of 90 containers of rice imported. In a judgment , Justice Inyang Ekwo upheld the […]

Oil Hits 4.5% In Six-Week As Storm Builds In Gulf Of Mexico

LAGOS JULY 11TH (NEWSRANGERS)-Oil prices rose 4.5% a barrel on Wednesday to their highest level in more than a month after U.S. crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm. Brent crude futures settled at $67.01 a barrel, up $2.85, or […]

NCAA Enlists Lagos Aviation School As Appoved Training Organisation

LAGOS JULY 10TH (NEWSRANGERS) Lagos Aviation Academy (LAA) announced that it has been enlisted by the Nigerian Civil Aviation Authority (NCAA) as an Approved Training Organization (ATO). This feat enables the academy to run additional courses such as the Cabin Crew Ab-Initio Programme and the Basic Flight Dispatcher Course. In a statement made available to […]

Customs Investigative Officer, Okonmah Bags European- American University Honours Doctorate Degree

LAGOS JULY 9TH (NEWSRANGERS)-Custom Investigative Officer, Dr. (Chief) Steve Okonmah added another feather to his chains of achievements as he was honoured recently with Honours Doctorate Degree by the European-American University Commonwealth of Dominica African Regional Operations. The institution, having fully studied Okonmah’s impressive work experience, achievements and outstanding roles in leadership it, therefore deemed […]

CRS: 500 Widows To Benefit From FirstBank Empowerment Programme

LAGOS JULY 7TH (NEWSRANGERS)-First Bank of Ngeria Limited is to empower 500 widows in 2019 as part of its Corporate Social Responsibilities and Sustainable Week (CSR). Already, the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their initiative for widows, Widows Trust Fund with funding to grow their micro-medium […]

African Development Bank To Woo Nigerian Investors Ahead Of 2nd Africa Investment Forum

LAGOS JULY 5TH (NEWSRANGERS)-The African Development Bank Group and the Africa Finance Corporation, will meet industry and business leaders in Abuja, Nigeria on Monday, 09 July 2019 as part of a roadshow to woo investors ahead of its second Africa Investment Forum (AIF) in November. AIF − the continent’s biggest investment marketplace for accelerated economic […]

Shell Wins 2019 Coveted Nigeria Oil And Gas Excellence Award

LAGOS JULY 4TH (NEWSRANGERS)-Shell Companies in Nigeria on Wednesday won the coveted Excellence Award at the Nigeria Oil and Gas Conference and Exhibition, held in Abuja. This is coming on the heels of a streak of other industry leadership awards recently garnered by Shell including the best local content company from the Nigeria Content Development […]

Facebook, Instagram, WhatsApp Services Down Worldwide

LAGOS JULY 4TH (NEWSRANGERS)Facebook acknowledged Wednesday an outage affecting users in various parts of the world and said it was working on a fix. Online monitoring service DownDetector reported earlier the outage began around 1200 GMT and affected as well as its Instagram and WhatsApp services. #Facebookdown and #instagramdown were trending on Twitter as users […]

Boeing Promises $100m To Help Families Affected By Deadly Crashes

LAGOS JULY 3RD (NEWSRANGERS)-Boeing Co on Wednesday promised $100 million to help families affected by the deadly crashes of the company’s 737 MAX planes in Indonesia and Ethiopia. The multiyear payout is independent of lawsuits filed by families of the 346 people killed in the two crashes, which happened in October 2018 and March of […]

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