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 JUNE 24TH (NEWSRAGERS)-The Canadian government has announced an acute shortage of manpower and invited Nigerians and other foreign nationals to fill existing vacancies in various sectors of the country’s economy. In a report by Statistics Canada seen by Ripples Nigeria on Thursday, the government said the labour shortage has reached an all-time high of…
LAGOS JUNE 21ST (NEWSRANGERS)-Nigeria’s outgoing President Muhammadu Buhari said his successor will inherit a far more resilient economy thanks to investments in infrastructure and policies that have bolstered local production. Under his watch, the government has recovered hundreds of millions of dollars in stolen state funds, built new transport links and beaten back militant group…
LAGOS JUNE 20TH (NEWSRANGERS)-Gunmen attacked two churches in rural northwestern Nigeria on Sunday, killing three people, witnesses and a state official said, weeks after a similar attack in the West African nation left 40 worshippers dead. The attack in Kajuru area of Kaduna State targeted four villages, resulting in the abduction of unspecified number of…
LAGOS JUNE 19TH (NEWSRANGERS)-A new survey of more than 4,500 young people in Africa, aged 18-24, has found that 52% of them are likely to consider emigrating in the next few years, citing economic hardship and education opportunities as the top reasons. The BBC spoke to five young people in Nigeria and South Africa who…
LAGOS JUNE 17TH (NEWSRANGERS)-Update, 6/16/22: The Smithsonian Institution voted to repatriate 29 of its 39 Benin bronzes to Nigeria, and plans to return to Nigeria’s National Commission for Museums and Monuments “at a later date.” It’s as yet unclear what the institution plans to do with the remaining 10 bronzes. Original, 3/9/22: The Smithsonian Institution…
LAGOS JUNE 14TH (NEWSRANGERS)-Napoli forward Victor Osimhen scored four goals as Nigeria crushed Sao Tome e Principe 10-0 in Morocco on Monday to record the biggest victory in Africa Cup of Nations (AFCON) qualifying history. Qualifying for the biennial competition has been staged since 1961 and Ghana, Kenya and Libya shared the record with eight-goal…
By Chief (Barr.) Malcolm Omirhobo LAGOS JUNE 11TH (NEWSRANGERS)-I find the just concluded primary elections of the Peoples Democratic Party and All Progressives Congress party characterised by greed , dishonesty , fraud and bribery as shameful , absurd, imprudent, an insult to the sensibilities and intelligence of Nigerians and consequently unacceptable . The police, the…
