Suspected Armed Robbers Jump To Death At Court Premises

LAGOS JUNE 2ND (NEWSRANGERS)-Two suspects standing trial for conspiracy and armed robbery, Damilare Adeniran and gift john have plunged to their death at the Iyaganku Magistrates’ Court premises, Ibadan. Recounting the unfortunate incident to Radio Nigeria, the Prosecutor, Inspector Femi Omilana said the two suspects  jumped down from the two storey building while standing trial…

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Harsh Economy: Another Multinational Coy Exits Nigeria After 14-Year Operation

LAGOS MAY 2ND (NEWSRANGERS)-The American multinational and makers of “Huggies”, Kimberly-Clark, has exited the Nigerian market, citing the harsh economy. The company’s decision comes after it has operated locally in Nigeria for 14 years, according to a statement issued on Friday.   According to the statement, the company intended to adjust global strategic priorities and the prevailing…

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How Employee Defrauds First Bank Of ₦40bn

LAGOS MAY 2ND (NEWSRANGERS)-In an astonishing turn of events, First Bank, one of Nigeria’s financial giants with a market capitalisation of ₦829 billion, has been rocked by a colossal fraud scandal. An employee from their head office in Iganmu, Lagos, stands accused of siphoning off an eye-watering ₦40 billion ($29 million) over nearly two years….

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