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…
LAGOS SEPTEMBER 27TH (NEWSRANGERS)-The momentum has continued to rise for the sixth annual conference of the Guild of Corporate Online Publishers (GOCOP) as more corporate partners have lent their support for the event scheduled for Thursday, October 6 at Sheraton Hotel, Ikeja-Lagos. The chairman, 2022 Conference Committee, Mr. Ken Ugbechie revealed on Monday that…
LAGOS JUNE 30TH (NEWSRANGERS)-MoMo Payment Service Bank, the new financial services subsidiary of telecoms company MTN Nigeria, suffered a breach in the last week of May just days after launch, reportedly losing 22 billion naira ($53 million.) Nigerian payment service banks operate with a mobile money license reserved for non-bank institutions. They offer deposits and…
LAGOS SEPTEMBER 25TH (NEWSRANGERS)-Commercial banks in Ijebu – Ode, Ogun State have closed operations for the fear of being attacked by armed robbers. Daily Trust gathered that banks have closed shops against customers since Monday following letters allegedly sent to some of them by the suspected robbers. The development, which has left some residents and…
LAGOS JUNE 15TH (NEWSRANGERS)-The usual high patronage of Point of Sale (PoS) services in the country is in reverse trend as bank customers now resort to Automated Teller Machines (ATM) and other channels like online banking, Unstructured Supplementary Service Data (USSD), among others. In the heat of COVID-19, last year, banks and other financial companies…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban on cryptocurrency in the country. The Senate also invited the Director General of the…
LAGOS APRIL 30TH (NEWSRANGERS)- The Federal Government says banks will open for commercial operations in Abuja, Lagos and Ogun States beginning Monday, May 4. The National Coordinator of the Presidential Task Force on COVID-19, Dr Sani Aliyu, disclosed this in an ongoing update in Abuja monitored by The PUNCH. Aliyu said banks would be allowed…