May 2025 – Page 169 – Rise Africa

Coronation eyes wealth creation through CEO forum

12.05.2025

Coronation Group, a leading African financial services firm, has announced its return as a Gold Sponsor of the Africa CEO Forum 2025, scheduled for May in Abidjan, Côte d’Ivoire. The annual summit, a premier gathering of Africa’s top business executives, government officials, policymakers, and investors, serves as a key platform for shaping economic strategies and...

Aiteo partners Mozambican firm on 200,000bpd refinery

12.05.2025

Nigerian energy company, Aiteo Eastern E&P Company Limited, has signed an agreement with the Mozambican national petroleum company, PETROMOC, to construct a refinery. Local newspapers in the foreign nation report that Mozambique will now have a refinery with the capacity to produce 200,000 barrels of fuel per day. According to the President of Mozambique, Daniel...

Property firm allocates plots to bridge housing deficit

12.05.2025

A real estate firm, Dekglobal Properties Limited, has completed the allocation of plots at Sheba Estate, Iloti, Epe-Ijebu, with investors lauding the process as swift, transparent, and highly professional. In a statement made available to Sunday PUNCH, it was noted that buyers received full documentation and official plot allocation within just one month of purchase,...

FCT CJ Frees 30 Inmates, Slams Police, Magistrates for Unlawful Detentions

12.05.2025

As part of efforts to address the issue of overcrowding in custodial centres, Justice Husseini Baba-Yusuf, the Chief Judge of the Federal Capital Territory (FCT) High Court, has discharged 30 inmates awaiting trial from two custodial centres in Keffi, Nasarawa State. The intervention was carried out in collaboration with the Public and Private Development Centre,...

CBN earns N3.1bn interest on FG’s ways and means

12.05.2025

The Central Bank of Nigeria earned N3.1bn as interest on the Federal Government’s overdraft facility in 2024, down sharply from the N1.6tn it earned in 2023, figures from the apex bank’s audited financial statements have shown. The interest income, categorised under “loans and receivables” in the CBN’s 2024 financials, is tied to the controversial Ways...

FG rescue 78 trafficked victims in Cote D Ivoire

12.05.2025

No fewer than 78 Nigerians rescued from human traffickers in Cote D’Ivoire have arrived in Lagos. The victims, comprising 73 females, two males, and three babies, arrived at the Murtala Muhammed International Airport, Lagos, around 11:00 pm on Saturday. Binta Bello, the Director-General of the National Agency for the Prohibition of Trafficking in Persons,...

Alake harps on global collaboration for sustainable energy transition

12.05.2025

The Minister of Solid Minerals Development, Dele Alake, has renewed his call for global cooperation, urging world leaders and key industry players to strengthen partnerships in advancing a sustainable energy transition. Speaking at the ongoing Organisation for Economic Cooperation and Development Forum in Paris, France, he emphasised that the trajectory of electricity generation, clean transportation,...

Court Sets Ruling Dates in EFCC’s $2.6m Crypto, N3.5bn Fraud Case Against Bizman

12.05.2025

Justice Rahman Oshodi of an Ikeja Special Offences Court will on June 2 and 3, 2025, deliver rulings on the bail application filed by one, Friday Audu, a businessman accused of orchestrating a complex financial fraud involving $2.6 million in cryptocurrency and N3.5 billion in cash. Audu and his now-defunct company, Genting International Limited, are...

Bank customers to ditch SMS alerts for email amid rising charges

12.05.2025

Some bank users in Abuja have declared they will opt for electronic mail alerts from their banks to cut costs and reduce charges on their accounts. Some of them who spoke to the News Agency of Nigeria (NAN) on Sunday said they would deactivate the Short Message Services transaction alert linked to their accounts. Mrs...

Why Media Parade Of Crime Suspects Should Be Prohibited, By Lawyers

12.05.2025

Lawyers have disagreed with insinuations by the Lagos State Commissioner of Police, Olohundare Jimoh, that media parade of crime suspects is necessary for effective prosecution and justice delivery. To the lawyers, the practice, in the face of existing judicial decisions condemning it, amounts to contempt of court and an affront on the rule of law....

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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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Latest News

Coronation eyes wealth creation through CEO forum

Aiteo partners Mozambican firm on 200,000bpd refinery

Property firm allocates plots to bridge housing deficit

FCT CJ Frees 30 Inmates, Slams Police, Magistrates for Unlawful Detentions

CBN earns N3.1bn interest on FG’s ways and means

FG rescue 78 trafficked victims in Cote D Ivoire

Alake harps on global collaboration for sustainable energy transition

Court Sets Ruling Dates in EFCC’s $2.6m Crypto, N3.5bn Fraud Case Against Bizman

Bank customers to ditch SMS alerts for email amid rising charges

Why Media Parade Of Crime Suspects Should Be Prohibited, By Lawyers

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