June 2025 – Page 92 – Rise Africa

Oil Firms Face Sanctions Over $456m Unpaid Revenue

19.06.2025

The House of Representatives Public Accounts Committee on Wednesday warned 13 non-compliant oil companies to appear before it to answer questions in the ongoing probe of non-remittance of monies due to the Federal Government, or face grave sanctions. The companies are allegedly owing the Federal Government about $456.95m (N731.12 bn) in unremitted revenues. In a...

Gov Lawal Says PDP Crisis Goes Beyond Atiku, Blames Ego Clashes Among Party Members

19.06.2025

Governor Dauda Lawal of Zamfara State has stated that the ongoing crisis within the Peoples Democratic Party (PDP) is not solely centered on former Vice President Atiku Abubakar, but rather a broader internal conflict fueled by individual egos and power struggles among party stakeholders. Speaking during a media parley with journalists in Gusau on Wednesday,...

Air Peace Secures Heathrow Slot, Slams Critics

19.06.2025

Chairman of Air Peace, Allen Onyema, has condemned what he called a “targeted campaign” to damage the airline’s reputation. Speaking to journalists in Lagos on Wednesday, Onyema said, “Air Peace has done a lot for our fatherland and we will continue to do it because we see it as a calling, not to make money.”...

Exploitative Child Domestic Work Must Be Treated As Violence – LASG

19.06.2025

The Lagos State Government has taken legislative steps to tackle child exploitation in domestic labour, warning that such exploitation should be treated as domestic violence. The Executive Secretary, Lagos State Law Reform, Mrs Oluyemisi Ogunlola, made this known at the celebration of 2025 World Day Against Child Labour in Ikeja yesterday. The News Agency of...

Stock Market Gains N1.18trn: Seplat Leads Surge

19.06.2025

The Nigerian stock market rebounded on Wednesday after a two-day loss, as investors gained N1.184 trillion. Market capitalisation rose by N1.184 trillion, or 1.63 per cent, to close at N73.681 trillion, up from N72.497 trillion recorded on Tuesday. Similarly, the All-Share Index rose by 1,876.71 points, or 1.63 per cent, settling at 116,786.87 from its...

Tinubu’s Visit To Benue Belated, Minimal Consequence –LP

19.06.2025

The National Coordinator of Obedient Movement Worldwide, Dr. Yunusa Tanko, has criticised the visit of President Bola Tinubu to Benue State yesterday, saying it was belated and of minimal consequence. He spoke during an interview on the “Frontline”, a programme of the Eagle 102.5 FM, monitored by New Telegraph. Taboo said President was going to...

Fidelity Bank Targets June Exit from CBN Forbearance

19.06.2025

Fidelity Bank has emerged as the latest lender to indicate that it will bring its forbearance exposure under regulatory compliance by the first half of 2025. In a press statement filed with the Nigerian Exchange Limited on Wednesday night, the lender indicated that its Single Obligor Limits forbearance relates to two obligors and that its...

Cannabis Use May Double Risk Of Heart Disease Death – Study

19.06.2025

With growing marijuana use across the country, studies have looked at the link between cannabis use and cardiovascular (CDV) problems — but new research is showing the magnitude of such risk. In the study, published Tuesday in the journal ‘Heart,’ researchers found cannabis use is linked to a doubled risk of dying from CDV disease,...

First LNG Ship Arrives at Apapa Terminal

19.06.2025

APM Terminals Apapa has announced receiving the first liquefied natural gas-powered containership to visit West Africa. Disclosing this in a statement on Wednesday, the terminal stated that the berthing of the vessel named ‘Kota Oasis’ marked a significant milestone in the terminal’s operations. According to the statement, the vessel, measuring 260 metres in length and...

Osun Warns CBN, AGF Against Diverting LG Funds To Private Account

19.06.2025

The Osun State Government has raised the alarm over an alleged move by the Central Bank of Nigeria (CBN) and the Office of the Accountant General of the Federation (AGF) to pay local government allocations meant for the state into private accounts linked to individuals without lawful authority. In a statement signed by the state...

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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

Oil Firms Face Sanctions Over $456m Unpaid Revenue

Gov Lawal Says PDP Crisis Goes Beyond Atiku, Blames Ego Clashes Among Party Members

Air Peace Secures Heathrow Slot, Slams Critics

Exploitative Child Domestic Work Must Be Treated As Violence – LASG

Stock Market Gains N1.18trn: Seplat Leads Surge

Tinubu’s Visit To Benue Belated, Minimal Consequence –LP

Fidelity Bank Targets June Exit from CBN Forbearance

Cannabis Use May Double Risk Of Heart Disease Death – Study

First LNG Ship Arrives at Apapa Terminal

Osun Warns CBN, AGF Against Diverting LG Funds To Private Account

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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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