LAGOS SEPTEMBER 2ND (NEWSRANGERS)-Amidst the fintech boom in Nigeria and increasingly tight regulations on the industry, African technology giant, SystemSpecs, has called for a balance between innovation and regulation to ensure a healthy financial technology ecosystem that will benefit all stakeholders. According to Ezinne Obikile, the Executive Director in charge of the payment business at…
LAGOS SEPTEMBER 1ST (NEWSRANGERS)-The House of Representatives Committee on Customs has given the Nigerian Customs Service (NCS) two weeks to reduce its 18 cargo clearing stages to four. The committee made the resolution on Tuesday, in Abuja, after an interactive session with stakeholders. It insisted that the Comptroller General of Customs should appear in person…
LAGOS AUGUST 26TH (NEWSRANGERS)-A section of Abonnema Wharf in Port Harcourt Local Government Area of Rivers State was on Wednesday gutted by fire. The incident has caused panic in the area as several petrol tankers parked in the area made frantic efforts to leave at the same time. The cause of the fire was yet…
LAGOS AUGUST 26TH (NEWSRANGERS)-The Nigerian Ports Authority (NPA) has frowned on the persistent extortion of truck drivers through multiple illegal roadblocks by uniformed security operatives from government security agencies, unions and associations along the port corridors, hindering the ease of doing business. The authority said investigations revealed that the combined team of the police, Navy,…
LAGOS AUGUST 24TH (NEWSRANGERS)-African technology giant, SystemSpecs, has supported calls for collaboration to engender the sustainability of Nigeria’s fast-growing ICT sector. According to an Executive Director of SystemSpecs, Deremi Atanda, the superstructure that holds the fabric of the society has shifted from physical engagement to one dominated by technology in the post-COVID-19 era. Nigeria, therefore,…
LAGOS AUGUST 21ST (NEWSRANGERS)-There is a growing concern over the increase in attacks on barges anchored at the ports in Lagos, Vanguard Maritime Report can authoritatively report. Investigations by Vanguard Maritime Report revealed that the increase in attacks may not be unconnected to the success recorded by the attackers who come in speed boats and heavily…
LAGOS AUGUST 20TH (NEWSRANGERS)-Cargoes destined for Nigerian seaports are now being diverted to neighbouring countries of Ivory Coast, Ghana and Cameroon by importers due to the consistent server breakdown experienced at seaports, LEADERSHIP learnt. For the past few days, Apapa and Tin-Can Island ports complex have been experiencing persistent server breakdown, a situation that has…
LAGOS AUGUST 20TH (NEWSRANGERS)-The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days. The local currency fell to 517 against the US currency at the parallel market on Wednesday. At the Investors and Exporters’ window, the naira weakened by 0.06 per cent to close…