Category archives for: Business

Union Bank Graduates New Management Trainees In 2024

  LAGOS AUGUST 8TH (NEWSRANGERS)-Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports complex, ‘The Stable, ’ in Surulere, Lagos, included the financial institution’s […]

First Bank Fires Over 100 Staff After Discovery Of  ₦40bn Fraud

LAGOS AUGUST 6TH (NEWSRANGERS)-First Bank sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly diverted ₦40 billion over two years. In details first reported by TechCabal, Adeyinka, who is still on the run, used his authorisation to approve chargebacks to accounts he […]

NNPC Ltd: An All-Round  Asset To Nigeria

  By Olufemi Soneye LAGOS AUGUST 8TH (NEWSRANGERS)-In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out to paint the picture of NNPC Ltd that […]

Skeletal Activities At Seaports As Clearing Agents, Truck Owners Protest Economic Hardship

LAGOS AUGUST 2ND (NEWSRANGERS)-Despite assurance by the Customs Area Controller (CAC), Apapa Command of the Nigeria Customs Service (NCS), that the seaports will be opened to business, majority of the clearing agents, truckers operating at the Apapa and Tin-Can Island seaports stayed away from work. LEADERSHIP reports that the Apapa Port CAC, Compt. Babatunde Olomu, […]

Global Leaders, Stakeholders Commit To Bold Solutions For Africa At ASIS 3.0

LAGOS AUGUST 2ND (NEWSRANGERS)-The Africa Social Impact Summit (ASIS) 2024, co-convened by The Sterling One Foundation and the United Nations, was held at the Eko Convention Center from July 25-26. This landmark event highlighted the importance of collaboration across sectors, bringing together private sector organizations, NGOs, and other stakeholders to tackle Africa’s most pressing challenges.  […]

Naira Massively Appreciates In Against Dollar Amid Nationwide Protest

LAGOS AUGUST 2ND (NEWSRANGERS)-The Naira continued to appreciate against the dollar at the foreign exchange market despite the ongoing nationwide protest against bad governance. This came as the Naira appreciated significantly in both official and parallel foreign exchange markets. FMDQ data showed that Naira significantly appreciated to N1570.00 against the dollar on Thursday from N1608.73 […]

MTN Closes Stores, Service Centres Nationwide Over SIM Blocking Outrage

LAGOS JULY 30TH (NEWSRNAGERS)-Telecoms giant, MTN, has shut all its stores and service centres across Nigeria. This was coming on the heels of an outrage by some of its subscribers across the country after the network provider barred their lines on Sunday. In a viral video on social media Monday, a mob is seen destroying […]

Protests Erupt At MTN Offices Across Nigeria Over Mass SIM Card Blockage

LAGOS JULY 30TH (NEWSRANGERS)-Thousands of Nigerians woke up on Sunday to find their SIM cards barred by MTN Group Limited, sparking widespread outrage.  The telecommunications giant claimed that the affected subscribers had failed to link their National Identification Number (NIN) with their SIM cards.  In response, scores of disgruntled subscribers stormed MTN offices in major […]

NCC Direct Immediate Reactivation Of All Blocked Telephone Lines

LAGOS JULY 29TH (NEWSRANGERS)-The Nigerian Communications Commission has directed telecommunications operators to immediately restore all blocked phone lines due to non-linkage of National Identification Numbers to SIM cards. This directive was disclosed in a statement on Monday by the Director of Media and Public Affairs, Reuben Muoka. The telecom industry regulator explained that this directive […]

Pace Setting Fidelity Bank MD, Nneka Onyeali-Ikpe Marks 60

LAGOS JULY 29TH (NEWSRANGERS)-There is tremendous excitement in the air as the first female Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe clocked 60 years on Sunday July 28, given her outstanding performance in the nation’s financial services sector that had earned her respect amongst banks’ top CEOs. Besides leading […]

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