LAGOS AUGUST 19TH (NEWSRANGERS)-As part of its efforts to alleviate hunger and support livelihoods across Nigeria, leading financial institution, Fidelity Bank Plc, has donated more than 2,000 food packs to residents in Abeokuta, Ogun State, through its Fidelity Food Bank Initiative. The distribution exercise, held at St. Peter and Paul Catholic Cathedral, Itesi, Adatan,…
LAGOS MAY 20TH (NEWSRANGERS)-Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still before the…
LAGOS JANUARY 15TH (NEWSRANGERS)-In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined ₦150 million for non-compliance, in line with the CBN’s…
