May 2025 – Page 140 – Rise Africa

Airfares remain deregulated, says NCAA

15.05.2025

The Nigerian Civil Aviation Authority has clarified that it does not regulate airline ticket prices, emphasising that airfares remain a deregulated aspect of the aviation industry globally. Speaking on the issue, the NCAA’s Director of Consumer Protection and Public Affairs, Michael Achimugu, told The PUNCH, “The price of tickets is not regulated. The NCAA does...

Emirates Group grows profit to $6.2bn

15.05.2025

Emirates Group, the operator of Emirates Airlines, has posted a profit of $6.2bn for the 2024-2025 financial year, declaring the group the most profitable aviation group globally within the year under review. According to its newly released annual report, $6.2bn marks the highest profit, revenue, EBITDA, and cash balance in the company’s history. Emirates made...

NANTA visits Turkish airline, seeks partnership

15.05.2025

The National Association of Nigeria Travel Agencies and Turkish Airlines’ management are in talks to explore ways of collaborating for mutual benefit. The NANTA team, led by its President, Yinka Folami, visited Istanbul, Turkey, for a five-day business meeting. A statement by NANTA said that apart from having a business meeting with the management of...

Nine banks earn N2.3tn interest on N61.6tn loans

15.05.2025

Nine Nigerian banks disbursed a total of N61.69tn in loans to customers and earned N2.31tn in net interest income during the first quarter of 2025, The PUNCH reports. An analysis of their financial statements for the period ended March 31, 2025, showed that loans represent a marginal increase compared to N61.26tn recorded in December 2024,...

JAPA: 30 Percent Of Lagos Civil Servants On State-Sponsored Training Abroad Fail To Return

15.05.2025

Three of every ten civil servants sent on overseas training by the Lagos State Government do not return to the country after completing their studies or training. This is as the Commissioner for Establishments and Training, Afolabi Ayantayo revealed that 30% of civil servants sponsored abroad by the state government for studies and training failed...

Census: It’s Nat’l Embarrassment Nigeria Doesn’t Know Her Population

15.05.2025

President of the Senate, Godswill Akpabio, said it is a national embrassment that Nigeria could not conduct national census after nearly 20 years. Akpabio who spoke in Abuja when the management of the National Population Commission(NPC) visited him to update him on the preparation for the next Census for the country, said the nation’s population...

Edo Govt Demolishes Property Linked To Alleged Kidnapping Gang Leader

15.05.2025

The Edo State Task Force has demolished a property on College Road, Aduwawa, Benin City, linked to an alleged notorious kidnapping gang leader . The property belonged to a woman whose younger brother, Osamede Asemota, is a key leader of the gang. Asemota, who was arrested by the authorities, confessed to his involvement in kidnapping...

Abbas Laments Shipping Bottlenecks, Revenue Loss To Nigeria’s Neighbours

15.05.2025

The Speaker of the House of Representatives, Tajudeen Abbas has called for reforms in the economy, especially with the bottlenecks in the import and export chain in the maritime sector. While addressing a delegation of the Presidential Enabling Business Environment Council (PEBEC) in his office on Wednesday, the speaker decried that Nigeria is losing huge...

Anambra IPMAN Issues 21 Days Ultimatum To Govt

14.05.2025

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a twenty one day ultimatum threatening to shut down operation in Anambra June 12th, 2025 over what they lamented as multiple taxation in the state. The Association issued the ultimatum at its emergency meeting, held at the Orpet Petrol Station Agu-Awka, Awka, on Wednesday. The...

Reps Warn CBN Against High Interest Rates

14.05.2025

Ahead of the 300th Monetary Policy Committee (MPC) meeting, the House of Representatives Committee on National Planning and Economic Development Wednesday cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of maintaining high interest rates aimed at curbing inflation. Chairman of the Committee, Gboyega Nasiru (APC, Ogun), gave the warning at a meeting...

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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...

Latest news

Lagos NMA Suspends Secretary, Others Over Illegal Removal Of Chairman

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Nigerian Founder Divests Dubai Business To Fund Payment Identity Startup, Keepaza

Ajadi Celebrates Adekanmbi, Commends Commitment To Disability Inclusion In Oyo

Latest News

Airfares remain deregulated, says NCAA

Emirates Group grows profit to $6.2bn

NANTA visits Turkish airline, seeks partnership

Nine banks earn N2.3tn interest on N61.6tn loans

JAPA: 30 Percent Of Lagos Civil Servants On State-Sponsored Training Abroad Fail To Return

Census: It’s Nat’l Embarrassment Nigeria Doesn’t Know Her Population

Edo Govt Demolishes Property Linked To Alleged Kidnapping Gang Leader

Abbas Laments Shipping Bottlenecks, Revenue Loss To Nigeria’s Neighbours

Anambra IPMAN Issues 21 Days Ultimatum To Govt

Reps Warn CBN Against High Interest Rates

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The Battle for Africa

I apologise for saying no heaven without tithe – Adeboye

Protesters storm Rivers electoral commission, insist election must hold

Man who asked Tinubu to resign admitted in psychiatric hospital

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I apologise for saying no heaven without tithe – Adeboye

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