LAGOS MAY 5TH (NEWSRNAGERS)-With significant interest, the Newspaper Proprietors’ Association of Nigeria (NPAN) has received the news that the Competition and Consumer Protection Tribunal (CCT) upheld the $220 million fine imposed on Meta Platforms Incorporated, the parent company of Facebook, WhatsApp and Instagram. The penalty was imposed after a 30-month investigation between 2021 and 2023…
By Ifeanyi Nwabuogu LAGOS MAY 2ND (NEWSRNAGERS)-Men of Nigerian Custom Service (NCS) has intercepted high tech drones, unregistered pharmaceutical and other sophisticated items valued at N912 billions between the month of January and April 2025 in the year under review. This was disclosed to newsmen by Controller General of Nigerian Custom Service, Wale Adeniyi in…
LAGOS APRIL 30TH (NEWSRANGERS)-The Command, Control, Communications, Computers and Intelligence (C4i) centre of the Nigerian Maritime Administration and Safety Agency (NIMASA) has uncovered a staggering 1,723 vessels involved in unauthorised activities within Nigeria’s Exclusive Economic Zone (EEZ) between January 2024 and January 2025. These vessels were found to have engaged in what are known as…
LAGOS APRIL 30TH (NEWSRNAGERS)-In a significant restructuring of its management, the Nigerian National Petroleum Company (NNPC) Ltd has terminated the services of a number of senior staff members, TheCable understands. Among those departing immediately are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, managing director of the Kaduna Refinery….
LAGOS APRIL 28TH (NEWSRANGERS)-C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy. The deal which is subject to regulatory…
LAGOS APRIL 28TH (NEWSRANGERS)-The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014. The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it in the…
LAGOS APRIL 28TH (NEWSRNAGERS)-After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with an unexpected gift: Sterling OneBank-branded buses waiting to take them home, free…
LAGOS APRIL 27TH (NEWSRANGERS)-At least 14 people have been killed and 750 injured in a massive explosion at one of Iran’s key ports, authorities say. The blast took place at Shahid Rajaee, the country’s largest commercial port, near the southern city of Bandar Abbas on Saturday morning. It blew out windows and roofs of nearby…