May 2025 – Page 248 – Rise Africa

Soludo Clears 7 Years Arrears Of Gratuities, Pensions

02.05.2025

A total of seven years arrears of pensions and gratuities in Anambra State have so far been cleared by the administration of Gov Charles Soludo. Speaking at this year’s workers day celebration, Gov Soludo noted that against the harsh economic situation in the country, his administration would continue to work very hard to improve the...

Nestlé returns to profit with N30.2bn gain – Punch Newspapers

02.05.2025

Nestlé Nigeria Plc has returned to profitability in the first quarter of 2025, posting a profit after tax of N30.2bn, a significant recovery from a loss of N142.7bn recorded in the same period of 2024. According to the unaudited financial statements for the period ended March 31, 2025, the food and beverage giant recorded a...

Fubara Seeks Continued Protection Of Workers’ Rights

02.05.2025

Riverss State Governor, Sir Siminalayi Fubara, has stressed the need for the continued protection of workers rights as key role players in the economy of the state. Fubara, who made the call in a statement signed by his chief press secretary Nelson Chulwudi as solidarity message to work ers on Workers Day, commended the workers...

BUA Foods records N125.3bn PAT – Punch Newspapers

02.05.2025

Bua Foods Plc has posted a profit after tax of N125.3bn for the first quarter ended March 31, 2025, representing a 124.5 per cent increase from N55.8bn recorded in the same period of 2024. According to its unaudited financial results filed with the Nigerian Exchange Limited on Wednesday, the company recorded a turnover of N442.1bn...

Improved income drives NGX Group to profitability – Punch Newspapers

02.05.2025

The Nigerian Exchange Group Plc recorded a 58 per cent rise in profit after tax to N2.11bn in the first quarter ended March 31, 2025, compared to N1.34bn reported in the corresponding period of 2024. The group’s unaudited financial statements, filed with the Nigerian Exchange Limited, showed that the growth in profit was largely driven...

Top 15 News Roundup For Latest Nigeria News May 2

02.05.2025

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Friday, May 2, 2025 Tinubu Commends Wema Bank For Resilience At 80 President Bola Tinubu has commended Wema Bank, Nigeria’s oldest surviving indigenous bank, for its unwavering resilience and technological innovations as it marks its 80th anniversary on Friday....

Customs intercept N921m contrabands at Apapa ports – Punch Newspapers

02.05.2025

The Nigeria Customs Service said it intercepted 11 containers carrying unregistered sex drugs, expired foodstuffs, and other contraband worth N921bn at Apapa Ports between January and to date. Addressing journalists while showcasing the seized containers in Apapa on Wednesday, the Comptroller-General of Customs, Adewale Adeniyi, stated that the 11 containers comprised five 40-foot containers, two...

AfDB commits $650m annually to drive Nigeria’s transformation

02.05.2025

The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about $650m annually between 2025 and 2030 to drive economic transformation, build resilience, and foster broad-based prosperity. The Bank disclosed this in a statement published on its website on Thursday, saying that $2.95bn would be provided over the first...

Intellectual property crucial for business success – Experts

02.05.2025

Experts have stressed the importance of Intellectual Property in building competitive, sustainable, and investor-ready businesses, especially for women entrepreneurs across Africa. According to a statement, stakeholders emphasised the benefits of Intellectual Property while speaking at the 2025 World Intellectual Property Webinar, organised by non-profit organisation, ImpactHER, in partnership with the African Union. The event attracted...

Firm unveils talent platform for PWDs

02.05.2025

K&K Fashion House has unveiled a free talent platform designed to spotlight the creativity of persons living with disabilities to promote inclusion. Founder of K&K Fashion House, Akinmade Dorcas, in a statement, noted that the initiative, themed ‘Empowering Every Talent, Celebrating Every Ability,’ offers participants the opportunity to showcase their skills in music, fashion design,...

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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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Soludo Clears 7 Years Arrears Of Gratuities, Pensions

Nestlé returns to profit with N30.2bn gain – Punch Newspapers

Fubara Seeks Continued Protection Of Workers’ Rights

BUA Foods records N125.3bn PAT – Punch Newspapers

Improved income drives NGX Group to profitability – Punch Newspapers

Top 15 News Roundup For Latest Nigeria News May 2

Customs intercept N921m contrabands at Apapa ports – Punch Newspapers

AfDB commits $650m annually to drive Nigeria’s transformation

Intellectual property crucial for business success – Experts

Firm unveils talent platform for PWDs

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