Cryptocurrency Investors Will Lose Their Money-Bank Of England Governor

LAGOS MAY 7TH (NEWSRANGERS)-Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money; Bank of England (BOE) Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have been on a tear this year; reminding some investors of the 2017 crypto bubble in which…

Read More

A Glance At The Profile Of Bello Koko, The Newly Appointed Acting DG Of NPA

LAGOS MAY 7TH (NEWSRANGERS)-Mohammed Bello Koko was born 25 March 1969, in Koko-Besse local government area of Kebbi State, Northwest Nigeria. He received his secondary education at the Government College, Sokoto in 1986. In 1992, Koko received a bachelor’s degree in management studies from the University of Sokoto. He later obtained an MBA in business…

Read More

Buhari Approves Panel To Probe Embattled NPA MD Hadiza

LAGOS MAY 7TH (NEWSRANGERS)-President Muhammadu Buhari has approved the recommendation of the Ministry of Transportation under Rt. Hon. Rotimi Amaechi for the setting up of an Administrative Panel of Inquiry to investigate the Management of the Nigerian Ports Authority, NPA. A statement issued by the President’s media aide stated the Managing Director, Hadiza Bala Usman…

Read More

Why Buhari Fires NPA MD, Hadiza Bala Usman

LAGOS MAY 6TH (NEWSRANGERS)-A major shakeup Thursday evening rocked the Nigerian Ports Authority (NPA) with the immediate suspension of Hadiza Bala Usman as the agency’s Managing Director and Chief Executive Officer. President Muhammadu Buhari instantly approved Mohammed Koko to step into the shoes left by the daughter of the Late Dr. Bala Usman, the famous…

Read More

FG Extends NIN-SIM Linkage Deadline To Next Month End

 LAGOS MAY 4TH (NEWSRANGERS)-The Federal Government has approved the extension of   National Identification Number (NIN) and Subscriber Identity Module (SIM) integration exercise deadline to June 30. This is contained in a statement co-signed by Director, Public Affairs, Dr. Ikechukwu Adinde, Nigerian Communications Commission (NCC) and Head, Corporate Communications,Mr Kayode Adegoke National Identity Management  Commission(NIMC). The…

Read More

CBN Queries Board Of First Bank For Appointing New MD ‘Without Approval’

LAGOS APRIL 29TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief Executive Officer, without regulatory approval. The query is contained in a letter dated April 28, 2021, signed by the CBN Director, Banking Supervision, Haruna Mustafa, and obtained…

Read More