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…
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…
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…
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…
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 …