February 2025 – Page 42

Rice Farmers Lament Low Productivity Amid Rising Demand

24.02.2025

The Rice Farmers Association of Nigeria (RIFAN) yesterday decried low production output in the sector due to inconsistencies on the part of the farmers. RIFAN Lagos State Chairman Raphael Hunsa told the News Agency of Nigeria (NAN) that despite the support and interventions from the state government, some local farmers were inconsistent in the cultivation...

CBN: FDI Inflows Rise By 48.6% To $540m

24.02.2025

Total Foreign Direct Investment (FDI) inflows into the country rose by 48.60 per cent, or $176.60 million, to $540 million, in the first 11 months of 2024, compared with $363.40 million in the corresponding period of the preceding year, findings by New Telegraph has shown. Specifically, an analysis of monthly economic reports for January –...

Nigeria In Bilateral Talks With Japan To Boost Energy Services

24.02.2025

The Minister of Power, Chief Adebayo Adelabu, along – side a delegation of key stakeholders in Nigeria’s power sector held a strategic visit to Japan to strengthen bilateral energy partnership. The visit, which was facilitated by the Japan International Cooperation Agency (JICA), served as a critical platform to engage with Japanese energy leaders, policymakers, and...

NACCIMA: Tax On FTZs Threatens $200bn Worth Of Foreign Investments

24.02.2025

…over 600,000 jobs at risk Amid the Federal Government’s proposed tax reforms targeting tax imposition on Free Trade Zones (FTZs), the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has warned that the decision could drive away over $200 billion in foreign direct investments (FDIs) from the country, and jeopardise more...

Adesina Mourns Pa Ayo Adebanjo, Says He’s Democracy Defender

24.02.2025

President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has expressed deep sorrow over the passing of Nigeria’s elder statesman, Pa Ayo Adebanjo. The AfDB boss in a statement yesterday, described Adebanjo as a fearless defender of democracy and a lifelong champion of justice, equity, and truth. Adesina hailed Pa Adebanjo’s unwavering principles and...

Fake Drugs: India Bans Two Opioids Behind Crisis In Nigeria, W’Africa

24.02.2025

Indian authorities have banned two highly-addictive opioids in response to a British Broadcasting Corporation (BBC) investigation which found they were fuelling a public health crisis in parts of Nigeria and some other West African countries. In a letter seen by the BBC from India’s Drugs Controller General, Dr Rajeev Singh Raghuvanshi, said permission to manufacture...

Seplat Energy Clinches ‘Deal Of The Year’ At New Telegraph Awards

24.02.2025

Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has clinched the ‘Deal of the Year’ Award at the recently held New Telegraph Newspaper Awards. Seplat Energy completed the deal on the acquisition of Mobil Producing Nigeria Unlimited – renamed Seplat Energy Producing Nigeria...

Cardoso Champions Stronger Nigeria, Saudi Ties

24.02.2025

The Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the apex bank’s dedication to enhancing economic cooperation between Nigeria and the Kingdom of Saudi Arabia. Speaking during a courtesy visit to the CBN headquarters by the Ambassador of the Kingdom of Saudi Arabia to Nigeria, H.E. Faisal bin Ibrahim Alghamdi, and...

Dangote: We’ve Over N600bn Worth Of Fuel In Store

24.02.2025

President of Dangote Industries Limited (DIL), Aliko Dangote, has said the Dangote Petroleum Refinery has enough fuel in storage to sufficiently meet the local needs of Nigeria. According to a statement yesterday, Dangote revealed that the refinery had “more than half a billion litres of petroleum and over N600 billion worth of products in its...

Top 15 News Roundup For Latest Nigeria News February 24

24.02.2025

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Monday, February 24, 2025 Osun LG Poll, Triumph Of Democracy, Rule Of Law – PDP The People’s Democratic Party (PDP) has described the successful conduct of Saturday’s Local Government Election in Osun State as a triumph of democracy, the...

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I apologise for saying no heaven without tithe – Adeboye

04.10.2024

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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Rice Farmers Lament Low Productivity Amid Rising Demand

CBN: FDI Inflows Rise By 48.6% To $540m

Nigeria In Bilateral Talks With Japan To Boost Energy Services

NACCIMA: Tax On FTZs Threatens $200bn Worth Of Foreign Investments

Adesina Mourns Pa Ayo Adebanjo, Says He’s Democracy Defender

Fake Drugs: India Bans Two Opioids Behind Crisis In Nigeria, W’Africa

Seplat Energy Clinches ‘Deal Of The Year’ At New Telegraph Awards

Cardoso Champions Stronger Nigeria, Saudi Ties

Dangote: We’ve Over N600bn Worth Of Fuel In Store

Top 15 News Roundup For Latest Nigeria News February 24

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