LAGOS JULY 8TH (NEWSRNAGERS)-In demonstration of its leadership in the Sustainability space, leading financial institution – Fidelity Bank Plc – has emerged the first bank to publish its 2023 ISSB-Compliant Sustainability and Climate Report in the Nigerian banking industry. Hosted on the bank’s website on 30 June 2024, the report provides insights into the Bank’s…
LAGOS JULY 2ND (NEWSRNAGERS)-Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development of the African technology sector to actualize its potentials. This was revealed at the Africa Technology Expo (ATE 2024) which took place over the weekend. Held at the Landmark Event Center, Victoria Lagos, the well-attended event provided an…
LAGOS JUNE 27TH (NEWSRNAGERS)-Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development of the African technology sector to actualize its potentials. This was revealed at the Africa Technology Expo (ATE 2024) which took place over the weekend. Held at the Landmark Event Center, Victoria Lagos, the well-attended event provided an…
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…
LAGOS FEBRUARY 26TH (NEWSRANGERS)-A video of uniformed soldiers seen hiding for their lives during the Thursday’s attack carried out by gunmen on several banks in Uromi, Edo state have surfaced on social media. It was earlier reported that three banks were attacked by armed robbers in Uromi community, Esan North-East Local Government Area of Edo State….
LAGOS FEBRUARY 8TH (NEWSRANGERS)-For the first time in 2022, the Central Bank of Nigeria (CBN) has wielded the big stick and debited Zenith Bank Plc, Providus Bank, First City Monument Bank (FCMB) Limited and 11 other banks N356.1billion for failing to meet its 27.5 per cent Cash Reserve Requirement (CRR) obligation. The fresh debit, which…
LAGOS NOVEMBER 16TH (NEWSRANGERS)-The Economic and Financial Crimes Commission has reportedly grilled the newly-appointed Managing Director of First Bank of Nigeria Holdings Plc, Nnamdi Okonkwo. It was learnt that Okonkwo’s questioning is not unconnected with his alleged role in the transfer of $153m linked with Nigeria’s former petroleum minister, Diezani Alison-Madueke from the Nigerian National…
LAGOS NOVEMBER 10TH (NEWSRANGERS)-Judge Rebukes Two Nigerians Abdulrasheed Maina, a former Nigerian government official who ran a defunct pension reform department, has been convicted of stealing 2 billion naira ($4.8 million) belonging to pensioners after a two-year trial. Okon Abang, a judge at a federal high court in Abuja, sentenced Maina to eight years in…