July 2025 – Page 12 – Rise Africa

Fufore Dam Flooding Poses No Threat After Assessment, Gov Fintiri Assured

30.07.2025

Apparently disturbed by the ongoing speculations that the ongoing construction of a dam at Kofsopah District in Fufore Local Government Area may have caused the recent flooding in parts of Yola, Governor Umaru Fintiri on Wednesday paid an on-the-spot visit to the site for a technical assessment. The flood ravaged several communities, in Shagari, Sabon...

Plot To Overthrow Tinubu Act Of Cowardice, Desperation

30.07.2025

The Labour Party has described as malicious, the petition addressed to the National Security Adviser, allegedly authored by one Abayomi Arabambi, who it said, continues to falsely parade himself as the spokesman of party. The party noted that in the said petition, Arabambi falsely accused prominent leaders of the Labour Party, including Mr. Peter Obi,...

FCCPC Warns Traders To Stop Fake Price Inflation

30.07.2025

The Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday issued a warning to traders across Lagos State to cease artificial price inflation and ensure the authenticity and safety of their goods. The Executive Vice Chairman and Chief Executive Officer of FCCPC, Mr Tunji Bello, made the call at a Market Engagement Forum organised by...

Southwest States Will Return 80 Percent Votes For Tinubu- PCP

30.07.2025

An Independent Campaign Group, PBAT Continuity Project (PCP), has targeted 80 percent of the total votes in the Southwest geopolitical zone for President Bola Tinubu in the 2027 presidential election. Also, the group consisting of top politicians in the state including Minister of Interior, Olubunmi Tunji-Ojo, National Vice Chairman of All Progressives Congress (APC) Southwest,...

Uber, Bolt Face Calls for Stricter Ride-Hailing Regulation i

30.07.2025

Global ride-hailing giants Uber and Bolt have remained silent amid mounting calls for stricter regulation of e-hailing operations in Lagos, Nigeria’s commercial capital. The companies are under increasing scrutiny over allegations of labour rights violations, security concerns, and what a union representative described as “corporate negligence” by ride-hailing platforms operating in the state. A public...

Nigeria’s Paper Industry Seeks Policy Support to Curb Import

30.07.2025

Major stakeholders in Nigeria’s paper manufacturing industry have raised concerns over the sector’s exclusion from meaningful benefits under the Federal Government’s newly approved Renewed Hope Nigeria First Policy, warning that the country risks losing billions in economic value if urgent policy reforms are not implemented. The Nigeria First Policy, signed by President Bola Tinubu and...

TotalEnergies Slips Into Red With N2.74bn Loss In Q2, As Revenue, Market Share Shrink

30.07.2025

TotalEnergies Marketing Nigeria Plc reported a disappointing second quarter performance for the period ended June 30, 2025, posting a loss after tax of N2.74 billion, a stark reversal from the N13.73 billion profit recorded in the same period last year. The energy giant’s loss per share stood at N8.06 in Q2 2025, compared to earnings...

LP Secretary Says Datti Ahmed Qualifies For Presidency Like Obi

30.07.2025

In an interview with Trust TV, Labour Party Secretary, Alhaji Umar Farouk Ibrahim, stated that the position of presidency is not reserved for anyone. He also declared that the Labour Party, will give it’s 2023 Vice Presidential Candidate, Baba-Ahmed Datti, room to contest for presidency; adding that the ex-Vice President is as qualified as Peter...

Rotary Icon Omotosho Honored at Inner Wheel Ceremony

30.07.2025

Veteran Rotarian and humanitarian Mrs. Grace Omotosho was honoured during the official installation of Omolola Fakeye as the 42nd District Chairman of Inner Wheel District 911 in Lagos. The event, held over the weekend, transcended a routine leadership transition. It doubled as a heartfelt celebration of Omotosho’s legacy of mentorship, leadership, and unwavering dedication to...

Transcorp Declares N4.064bn Interim Dividend As H1’25 PBT Hits N85.7bn

30.07.2025

Transnational Corporation Plc (Transcorp), Nigeria’s foremost conglomerate with interests in power, hospitality, and energy, has declared an interim dividend of N4.064 billion, equivalent to 40 kobo per ordinary share, following a stellar first-half performance that underscored the Group’s resilience and commitment to shareholder value. In its unaudited financial results for the six months ended June...