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 JUNE 7TH (NEWSRANGERS)-Nigeria has seen its aviation industry grow with two brand new airlines despite the pandemic. Green Africa and the United Nigeria Airline are the two newest Airlines launched in 2021. The first is based in Lagos, while the second is based in Enugu. More entrants are expected in the market with the…
LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Central Bank of Nigeria (CBN) instructed banks in December 2019 to start punishing customers for failed direct debit transactions caused by the customer’s failure to fund their account. According to the guide, effective as of January 1, 2020, the customer will be charged 1% of transaction amount, or N5,000, whichever is…
LAGOS SEPTEMBER 1ST (NEWSRANGERS)-Access Bank Plc customers are carrying out panic withdrawals following hacker Ihebuzo Chris’ claim that he hacked into the bank’s database, accessed, and extracted data of over 2,000 customers. According to Chris, he did this without authorization from the bank as he, in a viral video, presented print out of customers’ accounts,…
LAGOS JUNE 14TH (NEWSRANGERS)-A video has emerged on Twitter of a female POS Operator who was caught with fake naira notes which she allegedly pays to her customers who patronize her business. In Nigeria, there is a huge need for Automated Teller Machines, however, the unavailability of ATMs and the constant insufficient funds in the…
LAGOS MAY 29TH (NEWSRANGERS)-Mask-wearing customers have been banned from entering a bar in Texas amid the coronavirus pandemic, local news outlets reported this week. A sign posted outside the Liberty Tree Tavern in Elgin, 25 miles east of Austin, reads: Due to our concern for our customers, if they FEEL (not think), that they need…
LAGOS MARCH 3RD (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission, NERC, has outlined a new methodology expected to be deployed by the utility companies in billing unmetered customers under the R2 (Residential) and C1 (Commercial) categories. The R2 and C1 consumers are those using the single and 3-phase meters. In a document titled ‘Order on Capping of…
LAGOS JANUARY 28TH (NEWSRANGERS)-It is noted that a high-profile French restaurateur is stepping down from the restaurant he founded after more than three dozen customers reportedly contracted sexually transmitted diseases after eating there. Jacques DeNoiret had previously won many prestigious awards in his decade-long ownership of restaurant Le Gallion, including a coveted Michelin three-star rating….