Rise In Fraud:  Bank Blocks Transfers To OPay, Moniepoint,  Palmpay

LAGOS OCTOBER 27TH (NEWSRANGERS)-Nigerian commercial bank Fidelity Bank is restricting consumer fund transfers to neobanks, including Moniepoint, Kuda, OPay, and PalmPay, said multiple sources with direct knowledge of the matter. A week ago, a small number of customers first noticed that these neobanks were no longer listed on the list of approved financial institutions on…

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Elections: Court Block INEC From Engaging MC Oluomo In Voting Material Distribution

LAGOS FEBRUARY 21ST (NEWSRANGERS)-Justice Chukwujekwu Aneke of the Federal High Court sitting in Lagos has stopped the Independent National Electoral Commission from engaging the services of the chairman of the Lagos State Parks Management Committee, Musiliu Akinsanya, popularly known as MC Oluomo, to distribute election materials in the state pending the hearing and determination of…

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Facebook Blocks Australians From Sharing News Stories

LAGOS FEBRUARY 19TH (NEWSRANGERS)-In a surprise retaliatory move Thursday, Facebook blocked Australians from sharing news stories, escalating a fight with the government over whether powerful tech companies should have to pay news organizations for content. Australia’s government condemned the step, which also blocked some government communications, including messages about emergency services, and some commercial pages….

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China Blocks BBC World Service In Retaliation To U.K. Ban Of Chinese Network

LAGOS FEBRUARY 12TH (NEWSRANGERS)-China’s broadcasting regulator has banned the BBC World Service from airing there, according to a report in Chinese state media. The news follows a move by Britain’s communications regulator last week to strip the state-run China global television network of its broadcast license in the U.K. According to the state news agency…

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