May 2025 – Page 175 – Rise Africa

Designer Adedamola Adeyemi Wins Event’s First Award

11.05.2025

After the red carpet session where the colourful men and women celebrities stole the show at the eleventh edition of the Africa Magic Viewers’ Choice Award (AMVCA) on Saturday night, the awards kicked off with Adedamola Adeyemi going home with the first award of the day – Best In Costume Design Adeyemi won the Best...

Business

Meta’s exit may devastate 20m MSMEs – IT firms

11.05.2025

Meta Platforms’ threat to halt Facebook and Instagram operations in Nigeria could devastate 56 per cent of the nation’s 39.6 million micro, small, and medium enterprises, industry players in the information technology space have explained. They further noted that such an exit would erode tax revenues and force businesses to seek costly alternatives, as a...

DAPPMAN raises the alarm over Dangote refinery’s potential market control

11.05.2025

The Depot and Petroleum Products Marketers Association of Nigeria has raised the alarm over what it describes as an emerging monopoly in the downstream petroleum sector. The marketers warned that the dominance of the Dangote Refinery could destabilise the market if not carefully managed. In an interview with TVC on Friday, the Executive Secretary of...

OPEC April oil output falls – Report

11.05.2025

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found. The decline was led by a cut in Venezuelan supply on renewed United States attempts to curb the flows and smaller drops in Iraq and Libya. The Organisation of the Petroleum...

Airtel Africa rebounds with $661m pre-tax profit

11.05.2025

Airtel Africa has released its full-year 2025 financial report for the period ending March 31, 2025, posting a pre-tax profit of $661m, a sharp turnaround from a pre-tax loss of $63 million in the 2024 financial year. This represents a remarkable 1,147.8 per cent year-on-year growth in reported currency. Profit after tax reached $328m, a...

FG Warns Youths Against Negative Influence Of Social Media

11.05.2025

The Federal Government has advised Nigeria youths to beware of the negative influence of social media, describing it as double edge sword. Minister of Information and National Orientation, Alhaji Mohammed Idris, at TEDxNTICAbujaYouth 2025 at Nigeria Tulip International College yesterday, said the digital space being a unifier can also be used negatively. “The birth...

Tinubu Changing Leadership Narrative In Nigeria –Wike

11.05.2025

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has said that President Bola Tinubu was changing the leadership narrative in Nigeria. Wike stated this in Abuja yesterday, after inspecting some ongoing projects in preparation for the commemoration of Tinubu’s second year in office. He said that Tinubu’s impactful leadership was putting smiles...

EU Pledges €300m Projects For N’west, N’east

11.05.2025

The European Union (EU) has pledged the sum of 300 million Euros for new projects in the North-West (NW) and North-East (NE) of Nigeria. Mr Gautier Mignot, the EU Ambassador to Nigeria and ECOWAS, made this known at the 2025 annual Europe Day celebration, the News Agency of (NAN) reports in Abuja. Mignot said that...

Why Coalition May Not Have Consensus Candidate

11.05.2025

There are strong indications that the broad-based coalition of parties being championed by former Vice-President Atiku Abubakar; erstwhile governor of Kaduna State, Mallam Nasir El Rufai and others may not pick a consensus candidate to challenge President Bola Tinubu in the 2027 presidential election. This is due to a current disagreement in the group...

Peter Obi In Dilemma Over Coalition

11.05.2025

The Presidential Candidate of the Labour Party(LP) in the 2023 general election, Mr Peter Obi, is in a dilemma of whether to become a junior partner in an emerging coalition or to become a senior partner in an emerging coalition and how to sort out the problem in the Labour Party. This is even...

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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

Designer Adedamola Adeyemi Wins Event’s First Award

Meta’s exit may devastate 20m MSMEs – IT firms

DAPPMAN raises the alarm over Dangote refinery’s potential market control

OPEC April oil output falls – Report

Airtel Africa rebounds with $661m pre-tax profit

FG Warns Youths Against Negative Influence Of Social Media

Tinubu Changing Leadership Narrative In Nigeria –Wike

EU Pledges €300m Projects For N’west, N’east

Why Coalition May Not Have Consensus Candidate

Peter Obi In Dilemma Over Coalition

Must Read

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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Man who asked Tinubu to resign admitted in psychiatric hospital

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