LAGOS FEBRUARY 8TH (NEWSRANGERS)-As the naira scarcity persists, some banks are shutting their branches over rising customer attacks, according to findings by The PUNCH. This came a day after the Lagos State Police Command issued a warning that some groups were planning to unleash violence in the state due to the naira scarcity. The PUNCH…
LAGOS FEBRUARY 4TH (NEWSRANGERS)-Anger and frustration have become the lots of Nigerians as they now sleep in various Bank Automated Teller Machines (ATM) locations in order to make withdrawal of new notes from the bank ATMs. SaharaReporters gathered that while some bank customers, in Enugu State for example, stayed till 2am until the funds loaded…
LAGOS JANUARY 27TH (NEWSRNAGERS)-There has been an unsubstantiated allegation by a section of the public that the reason behind the clear scarcity of new Naira notes was that politicians who had stockpiled old notes for the 2023 election, are draining new notes from commercial banks using a bait. The bait, according investigations is that politicians…
LAGOS JANUARY 25TH (NEWSRANGERS)-The Central Bank of Nigeria expects at least 2 trillion naira ($4.3 billion) of cash to return to banks by Jan. 31 when the deadline to replace high-value currency notes ends. Residents exchanged as much as 1.5 trillion naira of the old notes as of last week, Governor Godwin Emefiele told reporters…
LAGOS DECEMBER 15TH (NEWSRANGERS)-The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after the President, Major General Muhammadu Buhari (retd), unveiled the new bills at a weekly Federal Executive Council meeting in Aso Rock…
LAGOS NOVEMBER 4TH (NEWSRANGERS)-The federal government, through the ministry of internal affairs, is set to open up to 1,000 passport processing offices in bank branches and hotels in the country to speed up issuance of the travel document. The development is one of the steps taken by the FG to help reduce hardships and frustrations…
LAGOS NOVEMBER 3RD (NEWSRA politician, a banker, and another suspect who allegedly stole N1.4Billion from a bank through Internet hacking and cracking have been arrested by the Economic and Financial Crimes Commission (EFCC). According to a statement from EFCC, the Kogi State House of Assembly candidate of the New Nigeria Peoples Party (NNPP), Ismaila Yusuf…
LAGOS OCTOBER 26TH (NEWSRANGERS)-Kylian Mbappé helped France win the World Cup four years ago, becoming a superstar in the process. This time, the tournament could serve as a welcome escape from the pressures of Paris Saint-Germain, and also a chance to play in his favorite position. For Karim Benzema, it’s an opportunity to showcase the…