Category archives for: Business

Maritime Journalists Association Of Nigeria Hails Re-Appointment Of Usman As NPA Boss

LAGOS JANUARY 23RD (NEWSRANGERS)-Group under the aegis of Maritime Journalists Association of Nigeria (MAJAN) has congratulated Hadiza Bala Usman on her re-appointment as the Managing Director of Nigerian Ports Authority (NPA), for a second term of five years. Speaking on behalf of the Association, The President of MAJAN,  Comrade Ugochukwu described her re-appointment as an […]

43 African Immigrants Drown Off Libya In First Mediterranean Shipwreck Of 2021

LAGOS JANUARY 22ND (NEWSRANGERS)-At least 43 West African migrants trying to reach Europe drowned off the coast of Libya on Tuesday, after their boat capsized in rough seas, in the first shipwreck of 2021 in the central Mediterranean, United Nations agencies said on Wednesday. Ten survivors were rescued and brought to shore by coastal security […]

PTML Customs Command Faults N48bn Revenue Shortfall On Gridlock, Covid-19

LAGOS JANUARY 22ND (NEWSRANGERS)-The PTML Area Command of Nigeria Customs Service said it generated a total of N189.3 billion from January to December 2020, recording a shortfall of N48.9 billion in its target for the year. The command had been tasked with the responsibility of generating N238 billion in 2020. The amount generated is however […]

Outdated NIMC Facilities Stalling NIN-SIM Linkage, Telecom Operators Cry Out

LAGOS JANUARY 19TH (NEWSRANGERS)-With about 22 days to the February 9 deadline for the enrolment, verification and linking of the National Identification Numbers (NIN) to Subscriber Identification Module (SIM) cards, telecoms operators have raised the alarm over the challenge they have with the backend integration of the National Identity Management Commission (NIMC). The Guardian gathered […]

Powerful Pen: Maritime Stakeholders Brainstorm On Effects Of Apapa Gridlock On Nigeria Economy

LAGOS JANUARY 16TH (NEWSRANGERS)-   Maritime Stakeholders on Thursday brainstorm on the effect of Apapa gridlock on the economy of Nigeria. The event  took place on Thursday at Apapa, Lagos during a special congress organized by the  Powerful Pen Media Chapel, owned by Maritime Journalists Association of Nigeria (MAJAN), under the leadership of Comrade Ray Ugochukwu, […]

Prices Of Food Stuff Crashes In Nigeria As Foreign Rice Continues To Ease Off-Survey

LAGOS JANUARY 16TH (NEWSRANGERS)-It appears Nigerians are in for good times in the new year, as the price of bags of local and foreign rice, onions, pepper, tomatoes, amongst others recorded a significant drop in price. This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics. […]

USADF, AllOn Open 2021 Edition Of US$2,000,000 NigeriaOff-Grid Energy Challenge

LAGOS JANUARY 15TH (NEWSRANGERS)-The U.S. African Development Foundation (USADF) and All On today announced the official opening of the 2021 Nigeria Off-Grid Energy Challenge, which will provide up to $100,000 in blended finance per enterprise for successful applicants. The Rockefeller Foundation is also providing support via the All On Hub for the program whose application […]

How Surging Shipping Rates Pose New Headwind for the Global Economy

LAGOS JANUARY 15TH (NEWSRANGERS)-Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020. Shortages of consumer goods like paper towels and work-from-home gear early in […]

Ogoni: Supreme Court Shuts Down First Bank Hqts Over N200bn Judgement Against Shell

LAGOS JANUARY 13TH (NEWSRANGERS)-The Port Harcourt head office of First Bank Plc has been shut down in compliance with an enforcement order following the judgement of the Supreme Court in a matter between Ejemah community in Eleme Local Government Area and Shell Petroleum Development Company (SPDC). The judgement sum and interest as at Tuesday, January […]

New Privacy Policy; Twitter Suffers Loss As Million Boycott WhatsApp

LAGOS JANUARY 12TH (NEWSRANGERS)-Millions of users of the messaging platform, WhatsApp across the globe, including Nigerians, have started exiting the platform following a new privacy policy recently announced, though to take effect from on February 8. This privacy policy, which many users of the Facebook-owned WhatsApp consider offensive, has triggered a mass exodus of subscribers to other less popular but […]

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