LAGOS MAY 3RD (NEWSRANGERS)-Nigeria Segun Agbaje of Guaranty Trust Bank (GTB) is among the four nominees shortlisted for 2018 African Banker award. Other nominees are Mohamed El Kettani of Attijariwafa Bank, Morocco, James Mwangi – Equity Group Holdings Plc, Kenya and Joshua Oigara of KCB, Kenya A press statement made available to NewsRangers disclosed that…
LAGOS MAY 3RD (NEWSRANGERS)-Nigeria and China agreed on a currency-swap agreement worth $2.4 billion to boost commercial ties and reduce the need to use the dollar in bilateral trade. Yi Gang, governor of the People’s Bank of China, and Godwin Emefiele, his Nigerian counterpart, signed a three-year swap of 15 billion yuan or 720 billion…
LAGOS APRIL 26TH (NEWSRANGERS)-Nigerian hackers, grouped as Gold Galleon, are menacing shipping firms and bleeding them of thousands of dollars. Network security firm Secureworks has red-flagged the group, whose focus appears solely to be the maritime industry. The group, according to a report by Maritime Executive, an online platform, uses basic email scams and publicly…
LAGOS APRIL 20TH (NEWSRANGERS)-The African Development Bank will hold a Workshop on Strengthening the Role of Parliament in Combating Illicit Financial Flows from Africa (IFFs) from 24 to 26 April 2018 in Abuja. Since the approval of the Bank Group’s Policy on the Prevention of Illicit Financial Flows and its accompanying Strategic Framework and Action…
LAGOS APRIL 20TH (NEWSRANGERS)-The Shell Group is preparing to invest $15bn in Nigeria, President Muhammadu Buhari said yesterday. The president disclosed this at the Commonwealth Business Forum at Guildhall, London, where he also canvassed for a healthier business relationship among Commonwealth nations. “Before I came here (Commonwealth Business Forum), the Shell group came and saw…
LAGOS APRIL 16TH (NEWSRANGERS)-The price of oil fell sharply on Monday as traders started to see a decreased likelihood of further escalation between Western powers and Syria, following Friday night’s air strikes on the conflict-stricken nation. Both major oil benchmarks have fallen on Monday morning. Brent oil — the international benchmark — is down 1.36%…
LAGOS APRIL 16TH (NEWSRANGERS)-The Economic and Financial Crimes Commission has charged telecommunications company, Globacom Limited, before the Lagos State Special Offences Court in Ikeja for an alleged fraud of $6,786,674.61. The firm was charged alongside its Indian Chief Marketing Officer, Ashok Israni, who was listed as the first defendant in the case. The one count…
LAGOS APRIL 16TH (NEWSRANGERS) — Applications are now open for the She Leads Africa Accelerator 2018, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entrepreneurs. Entrepreneurs building technology enabled businesses across Nigeria are eligible to apply for coaching, networking opportunities and the chance to receive funding for their…