LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take effect on March 1, 2025. A circular, signed by John Onojah, the acting director of the financial policy and regulation department, explained that the revised charges aim to address increasing operational costs and…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-MRS Oil Nigeria Plc has announced a reduction in the prices of Premium Motor Spirit (PMS), popularly known as petrol across in the country. Announcing the reduction on its official X handle on Monday, the company said petrol will now be sold at ₦925 per litre in Lagos, reflecting a drop from…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The Lagos State Government has announced plans to enforce traffic rules against red light and speed-limit infractions across the state henceforth. The state Commissioner for Transportation, Oluwaseun Osiyemi, disclosed this on Thursday, February 6 at a media briefing and unveiling of the advanced technology initiative at Alausa, Ikeja, Lagos. According to the…
LAGOS FEBRUARY 2ND (NEWSRANGERS)-On Friday, almost immediately after the Trump administration announced that tariffs against China, Mexico, and Canada will begin on Saturday, the stock market plunged. White House press secretary Karoline Leavitt told reporters that tariffs of 25 percent would be implemented against Canada and Mexico, and a 10 percent tariff against China. Right…
LAGOS OCTOBER 9TH (NEWSRANGERS)-Access Bank has announced that it will temporarily shut services for a system upgrade aimed at optimising its offerings to customers. In an email sent to its customers on Tuesday, the bank stated that the upgrade will take place in phases, starting on Saturday, October 12, at 10 pm and ending on…
LAGOS SEPTEMBER 25TH (NEWSRANGERS)-In a bid to alleviate economic hardship and support small businesses, the Federal Government has announced plans to scrap several taxes affecting vulnerable populations and small-scale enterprises. The decision was part of the resolutions at the Federal Executive Council (FEC) meeting held on Monday, chaired by President Bola Tinubu. The FEC approved…
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 MAY 25TH (NEWSRANGERS)-Eko Electricity Distribution Company (Eko Disco) has announced the new, deregulated meter prices for metres deployed under the Meter Asset Provider (MAP) Scheme. The distribution company disclosed this in a statement on its official X account on Friday, revealing prices offered by six different MAP vendors for both single-phase and three-phase metres….