LAGOS JULY 5TH (NEWSRANGERS)-Polaris Bank Limited, led by Kayode Lawal, is allegedly involved in a fraud worth N16.5 billion. This is as the Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, has taken over the prosecution of the bank and a staff member, Chinenye Duru, for diverting N16.5 billion belonging to a…
LAGOS JULY 3RD (NEWSRANGERS)- Union Bank of Nigeria has announced the promotion of 337 employees across various departments. This significant milestone underscores the bank’s commitment to recognising and rewarding the hard work, dedication and outstanding contributions of its employees. At a recent town hall meeting, the Managing Director/Chief Executive Officer (MD/CEO) of Union Bank, Yetunde…
LAGOS JULY 3RD (NEWSRANGERS)-Sterling One Foundation, co-conveners of the Africa Social Impact Summit are pleased to announce the Development Bank of Nigeria (DBN) as one of its partners for the third edition of the Africa Social Impact Summit to be held from July 25 – 26, 2024 in Lagos, Nigeria. With this partnership, DBN joins…
LAGOS JULY 2ND (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…
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…
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…
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…
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…
