Business | NEWS RANGERS

Goodnews: Tomato, Pepper Prices Slump By 60%

LAGOS AUGUST 13TH (NEWSRNAGERS)-As the new harvest season unfolds, markets across Lagos and Abuja have seen a significant drop in the prices of tomatoes and peppers. At the bustling Ketu and Berger markets in Lagos, traders report that the price of a large basket of tomatoes has plummeted to between N55,000 and N60,000, a sharp […]

Aug 13 2024 | Posted in Business,National | Read More »

Union Bank Upgrades To PCIDSS Version 4.0 Certification

LAGOS AUGUST 13TH (NEWSRNAGERS)-Union Bank, one of Nigeria’s most noteworthy and trusted financial institutions, has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification. This notable achievement, which is an upgrade from the previously awarded Payment Card Industry Data Security Standard (PCIDSS) version 3.2, […]

Aug 13 2024 | Posted in Business,National | Read More »

Nigerian Business Owners Count Losses From #EndBadGovernance Protests

LAGOS AUGUST 10TH (NEWSRNAGERS)-Days after hundreds of thousands of people took to the streets across Nigeria to protest against inflation and other economic hardships, clothing seller Michael Nwankwo is still counting the cost of the business he lost. At least 22 people died, according to Amnesty International, in the demonstrations that started on Thursday last […]

Aug 10 2024 | Posted in Business,National | Read More »

Investors Scramble For Fidelity Bank’s Offers

LAGOS AUGUST 9TH (NEWSRANGERS)-Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public offers and voluminous trading at the stock market. Current weekly […]

Aug 9 2024 | Posted in Business,National | Read More »

NNPCL Distances NIPCO CNG Stations From Lagos Truck Gas Explosion

LAGOS AUGUST 9TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPCL) has clarified issues surrounding the reported fire at the Mobil filling station at Ikeja, Lagos on Thursday. A statement by Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye after the incident, said the explosion had nothing to do with the recently commissioned NNPC Gas Marketing […]

Aug 9 2024 | Posted in Business,National | Read More »

Union Bank Graduates New Management Trainees In 2024

LAGOS AUGUST 8TH (NEWSRANGERS)-Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports complex, ‘The Stable, ’ in Surulere, Lagos, included the financial institution’s […]

Aug 8 2024 | Posted in Business,National | Read More »

First Bank Fires Over 100 Staff After Discovery Of ₦40bn Fraud

LAGOS AUGUST 6TH (NEWSRANGERS)-First Bank sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly diverted ₦40 billion over two years. In details first reported by TechCabal, Adeyinka, who is still on the run, used his authorisation to approve chargebacks to accounts he […]

Aug 6 2024 | Posted in Business,National | Read More »

NNPC Ltd: An All-Round Asset To Nigeria

By Olufemi Soneye LAGOS AUGUST 8TH (NEWSRANGERS)-In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out to paint the picture of NNPC Ltd that […]

Aug 6 2024 | Posted in Business,Features,National | Read More »

Skeletal Activities At Seaports As Clearing Agents, Truck Owners Protest Economic Hardship

LAGOS AUGUST 2ND (NEWSRANGERS)-Despite assurance by the Customs Area Controller (CAC), Apapa Command of the Nigeria Customs Service (NCS), that the seaports will be opened to business, majority of the clearing agents, truckers operating at the Apapa and Tin-Can Island seaports stayed away from work. LEADERSHIP reports that the Apapa Port CAC, Compt. Babatunde Olomu, […]

Aug 2 2024 | Posted in Business,National | Read More »

Global Leaders, Stakeholders Commit To Bold Solutions For Africa At ASIS 3.0

LAGOS AUGUST 2ND (NEWSRANGERS)-The Africa Social Impact Summit (ASIS) 2024, co-convened by The Sterling One Foundation and the United Nations, was held at the Eko Convention Center from July 25-26. This landmark event highlighted the importance of collaboration across sectors, bringing together private sector organizations, NGOs, and other stakeholders to tackle Africa’s most pressing challenges. […]