May 2025 – Page 226 – Rise Africa

Nigeria’s logistics growth tied to internet surge — Meest China boss

05.05.2025

The International Business Development Director at Meest China, a global logistics firm, Bohdan Khomenko, shares insights with JUSTICE OKAMGBA on how Africa’s booming internet access, digital payments, and e-commerce growth are fueling demand for smarter logistics solutions across the continent What are the factors influencing the expansion of logistics firms into Africa, specifically Nigeria? At...

Air Peace spokesman resigns

05.05.2025

The Head of Corporate Communications at a Nigerian carrier, Air Peace, Dr. Ejike Ndiulo has resigned barely six months after his appointment. His sudden departure was confirmed in a statement made available to The PUNCH on Sunday. While the official reason cited for the resignation was for a “higher calling,” insiders in the industry suggest...

West Africa IMT 2025 Plans Trade Forum Amid Shifting Dynamics

05.05.2025

As global trade faces unprecedented shifts driven by rising tensions between major economies, the ripple effects are being felt across supply chains, sourcing strategies, and economic alliances. The ongoing tariff standoff between the United States and China, including the imposition of duties as high as 145 per cent, is forcing global manufacturers and buyers to...

Musk’s Starlink adds 29 satellites to earth’s orbit

05.05.2025

United States tech entrepreneur Elon Musk has announced the successful deployment of 29 more Starlink satellites into Earth’s orbit. The satellites were launched from Florida, further expanding the Starlink constellation operated by SpaceX. Musk made the announcement on Sunday via a post on X, formerly known as Twitter. “29 more Starlink satellites were added to...

Wema Bank Celebrates 80 Years Of Positive Transformations, Resilience

05.05.2025

Last week, one of Nigeria’s oldest indigenous banks, Wema Bank PLC, climaxed activities marking its 80th year Anniversary with a gala night that brought together stakeholders, government functionaries, and the who is who in Nigeria’s business community to celebrate eight decades of resilience and positive transformations. It was an event where dignitaries took turns to...

Caverton returns to profit with N1.6bn

05.05.2025

Caverton Offshore Support Group Plc has reversed its losses from the previous year, posting a profit after tax of N1.64bn for the first quarter ended March 31, 2025, driven by strong foreign exchange gains and significant cuts in operating and administrative expenses. The group’s financial statement filed with the Nigerian Exchange recently shows a marked...

Power: Tinubu To Meet GenCos’ Leadership Over N4trn Debt

05.05.2025

In a deft move to avert theat of imminent shutdown of power generation plants due to N4 trillion debt, a meeting has been scheduled between President Bola Ahmed Tinubu and the leadership of the generation companies (GenCos), with a view to finding a common ground to settle the debt crisis. Minister of Power, Chief Adebayo...

NPAN Backs Judgment Of FCCPC’s $220m Fine On META

05.05.2025

With significant interest, the Newspaper Proprietors’ Association of Nigeria (NPAN) has given its support to the judgment by Competition and Consumer Protection Tribunal (CCT), which upheld the $220 million fine imposed on Meta Platform by the Federal Competition and Consumer Protection Commission (FCCPC). In a statement yesterday, NPAN said it received the news that the...

Poverty rate among rural Nigerians now 75% – World Bank

05.05.2025

The World Bank has disclosed that the poverty rate among Nigeria’s rural population has reached an alarming 75.5 per cent, highlighting deepening inequality and widespread economic hardship across the country. According to the World Bank’s latest April 2025 Poverty and Equity Brief for Nigeria, rural dwellers are overwhelmingly bearing the brunt of economic stagnation, inflation,...

ASUU Offers 12 Students N2.4m Scholarships In Bauchi Zone

05.05.2025

The Academic Staff Union of Universities (ASUU) has offered 12 indigent students in Bauchi Zone scholarships worth N2.4 million. The awards were presented to the beneficiaries by the Bauchi Zonal Coordinator Prof. Timothy Namo and the immediate past Zonal Coordinator Prof. Lawan Abubakar at the Sa’adu Zungur University (SAZU) Bauchi at the weekend. Each student...

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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

Nigeria’s logistics growth tied to internet surge — Meest China boss

Air Peace spokesman resigns

West Africa IMT 2025 Plans Trade Forum Amid Shifting Dynamics

Musk’s Starlink adds 29 satellites to earth’s orbit

Wema Bank Celebrates 80 Years Of Positive Transformations, Resilience

Caverton returns to profit with N1.6bn

Power: Tinubu To Meet GenCos’ Leadership Over N4trn Debt

NPAN Backs Judgment Of FCCPC’s $220m Fine On META

Poverty rate among rural Nigerians now 75% – World Bank

ASUU Offers 12 Students N2.4m Scholarships In Bauchi Zone

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The Battle for Africa

I apologise for saying no heaven without tithe – Adeboye

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I apologise for saying no heaven without tithe – Adeboye

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