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…
LAGOS DECEMBER 30TH (NEWSRANGERS)-Tax payers have 30 days to obtain their 2020 clearance certificates or else the Federal Inland Revenue Service will impose lien on their bank accounts in order to recover outstanding debt they owe the service. The Executive Chairman, Muhammad Nami, said this in a notice to taxpayers released on Sunday. According to…
LAGOS NOVEMBER 27TH (NEWSRANGERS)-A 23-year-old Tanzanian woman suspected of stealing money from bank users after illegally obtaining their ATM cards has been arrested by the police. The suspect identified as Halima Juma was arrested on Tuesday November 16, after a bank teller got quite suspicious after she used different cards of the same bank to withdraw money from one…