May 2025 – Page 259 – Rise Africa

Stocks climb ahead of US economic data, tech results

01.05.2025

Stock markets mostly rose on Wednesday ahead of key US economic and earnings reports that could offer fresh insights into the health of the world’s largest economy amid Donald Trump’s tariffs. Investors are awaiting the release of closely watched US inflation and economic growth data due later in the day, along with results from tech...

GTBank hikes SMS alert fee to ₦6

01.05.2025

Guaranty Trust Bank has announced an increase in the fee charged for SMS transaction alerts, with the new rate set to take effect from Thursday, May 1, 2025. The fee was increased from N4 to N6. In a notice sent to our correspondent on Wednesday, the bank wrote, “Dear valued customer, please be informed that...

Bolt unveils electric tricycles in Lagos with two-year ownership plan

01.05.2025

Bolt, Nigeria’s largest ride-hailing startup by market share, has rolled out its first fleet of electric tricycles in Lagos, offering drivers a lease-to-own model to cut fuel costs and boost earnings. The move is part of the company’s broader effort to drive clean, sustainable transport solutions across West Africa. The company announced on Wednesday at...

Senate Summons Lafarge Africa Plc Over Proposed Divestment Of 83.8% Shares

01.05.2025

The Senate Committee on Capital Market, on Wednesday, resolved to summon Lafarge Africa Plc over planned divestment of 83.8% majority shares it controls in the cement industry. This was however, as the Bureau of Public Enterprises (BPE), assured the Senate that the 16.19% share held by the Nigerian public in Lafarge was intact. The Committee...

Sen Gyang, Lalong Sympathize With Victims Of Jos Main Market Inferno

01.05.2025

Senator Istifanus Dung Gyang, who represented Plateau North Senatorial District in the 9th National Assembly, has expressed deep sorrow over the fire incident that engulfed shops at the temporary Jos Main Market on Tuesday night, resulting in significant economic losses for traders, families, and the Plateau State economy. In a statement issued in Jos, Senator...

N’Assembly Assures Unflinching Support For Progressive Institute

01.05.2025

The National Assembly has pledged unwavering support for the Progressive Institute, an initiative of the All Progressives Congress (APC), aimed at training young Nigerians on democratic values and governance. The Deputy President of the Senate, Senator Jibrin Barau, made this commitment on Wednesday while receiving the Director General of the Institute, Dr. Lanre Adebayo, and...

FG Commissions Defence Holdings Company Ltd

01.05.2025

Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, officially commissioned the Defence Holdings Company Limited (DHCL) in Abuja on Wednesday. This strategic initiative aims to shape and boost the capacity of the military’s contribution to national development and contribute to the welfare of troops and their families. This is contained in a statement issued by Mati...

FG Moves To Fast-Track N1.5tn Private Sector Investment In Highway Roads

01.05.2025

The Federal Government is in advanced talks with private sector concessionaires to unlock over ₦1.5 trillion in investments aimed at reconstructing and managing nine key highways across Nigeria under long-term Public-Private Partnership (PPP) agreements. This development was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, after a high-level...

I Value Tinubu’s Confidence In Me Says NAHCON Chair

01.05.2025

The Chairman of the National Hajj Commission of Nigeria NAHCON, Abdullahi Saleh Usman, has said he will never take for granted the trust and privilege of leading the Hajj industry, reposed in him by President Bola Ahmed Tinubu. Speaking at the 2nd National Hajj and Umrah Summit on Wednesday, Saleh Usman pledged to work tirelessly to...

Nigerian Workers Hungry, Struggling To Survive, NLC Tells Tinubu

01.05.2025

As Nigerians prepare to mark this year’s International Workers’ Day (May Day), the Nigeria Labour Congress (NLC) has raised alarm over worsening economic hardship, warning that rising inflation, inadequate wages, and failed government policies have plunged workers deeper into poverty. Speaking to journalists in Abuja ahead of the May Day celebrations, NLC President, Comrade Joe...

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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

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Latest News

Stocks climb ahead of US economic data, tech results

GTBank hikes SMS alert fee to ₦6

Bolt unveils electric tricycles in Lagos with two-year ownership plan

Senate Summons Lafarge Africa Plc Over Proposed Divestment Of 83.8% Shares

Sen Gyang, Lalong Sympathize With Victims Of Jos Main Market Inferno

N’Assembly Assures Unflinching Support For Progressive Institute

FG Commissions Defence Holdings Company Ltd

FG Moves To Fast-Track N1.5tn Private Sector Investment In Highway Roads

I Value Tinubu’s Confidence In Me Says NAHCON Chair

Nigerian Workers Hungry, Struggling To Survive, NLC Tells Tinubu

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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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