Category archives for: Business

Polaris Bank Partners Nigeria Conservation Foundation On Land Restoration, Tree Planting

LAGOS JULY 2ND (NEWSRANGERS)-In pursuit of its Corporate Social Responsibilities (CSR), Polaris Bank Limited, is partnering the Nigeria Conservation Foundation (NCF), on land restoration through tree planting initiative. The bank’s initiative, kicked off on Monday with a tree planting project at the Tai Solarin University of Education (TASUED), Ijagun, Ijebu Ode, Ogun State. At the […]

Ex-CBN Deputy Gov Faults Tinubu’s Hasty Removal Of Fuel Subsidy, Naira Devaluation

LAGOS JULY 2ND (NEWSRANGERS)-Former Deputy Governor of the Central Bank of Nigeria (CBN), Professor Kingsley Moghalu, has said the removal of fuel subsidy and devaluation of naira by President Bola Tinubu were right policies wrongly implemented. The Professor of Political Economics said both the petrol (fuel) subsidy and defence of naira by the previous administration […]

Nigeria Content Creators Can Now Earn Revenue From FaceBook

LAGOS JULY 2ND (NEWSRANGERS)-Content creators in Nigeria can now earn money from ad revenue as Meta has made good its promise of making the country eligible for monetisation. Meta had promised in May this year that it would allow Facebook monetisation in Nigeria by June. It said, “Monetisation won’t be limited to just Instagram. Nigerian […]

Empty ATMs Dot Bank Premises As PoS Operators Take Currency Commercialisation

LAGOS JULY 2ND (NEWSRNAGERS)-A year and a few months after relief from the worst cash crunch in the modern economy, Nigeria appears to have slid into another dimension and created a new business from commoditising the national currency. As it was during the prolonged cash crunch that almost ruined the economy in the first quarter of last […]

Naira Emerged As Worst Performing Currency In 2024

LAGOS JUNE 29TH (NEWSRNAGERS)-The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a report by Bloomberg on Friday, devaluation, insufficient dollar liquidity, and market volatility have hindered efforts by the Central Bank of Nigeria to strengthen the currency. Besides the naira, Egypt’s pound and Ghana’s […]

Fidelity Bank Reaffirms Support for Digital Innovation in Africa

LAGOS JUNE 27TH (NEWSRNAGERS)-Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development of the African technology sector to actualize its potentials. This was revealed at the Africa Technology Expo (ATE 2024) which took place over the weekend. Held at the Landmark Event Center, Victoria Lagos, the well-attended event provided an […]

Sterling HoldCo Delivers To Shareholders, Receives Commendations At Inaugural AGM

LAGOS JUNE 27TH (NEWSRNAGERS)- Major shareholders of one of Nigeria’s leading financial conglomerates, Sterling Financial Holdings Company PLC., expressed their delight with the leadership and financial performance of the group at its recently held inaugural annual general meeting. The comments came as a result of the group’s continued abilities to post impressive growth numbers in […]

Nigeria Customs Pays Tributes To Late Deputy Comptroller Etop Andrew Essien

LAGOS JUNE 25TH (NEWSRANGERS)-The Comptroller General of Customs, Bashir Adewale Adeniyi MFR, on behalf of the entire officers and men of the Nigeria Customs Service, extends heartfelt condolences to the family of Deputy Comptroller Etop Andrew Essien. The Nigeria Customs Service in a statement signed by Abdullahi Maiwada , Chief Superintendent of Customs National Public Relations Officer  […]

CONMEP  Salutes Adeniyi On His One Year Brilliant Performance As Customs Boss

LAGOS JUNE 23RD (NEWSRNAGERS)-The Congress of Nigerian Maritime Media Practitioners (CONMMEP) wishes to congratulate the Comptroller General of Customs, Bashir Adewale Adeniyi MFR as he marks one year of brilliant performance and outstanding records of achievements as the helmsman of Nigeria Customs Service -NCS CONMMEP, an association that accurately reports events in the Maritime sector, […]

Indian Steel Maker Sets To Exit Nigeria, Puts Coy For Sale

  LAGOS JUNE 20TH (NEWSRANGERS)-Indian steel maker, Aarti, is exiting the Nigerian manufacturing sector, joining a long list of companies leaving the country on account of economic woes, BusinessDay can authoritatively confirm. The Ota, Ogun State-based steel maker, has already been put up for sale and big players have submitted unconfirmed bids ranging between $50 […]

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