Business – Page 745 – Rise Africa

Draft new climate plans, UN urges nations

28.04.2025

The United Nations has called on all nations to develop new national climate action plans aimed at limiting global temperature rise to 1.5 degrees Celsius, a crucial step to avert severe climate disasters. This appeal was highlighted during the commemoration of International Mother Earth Day, which was celebrated on April 22, 2025, as established by...

Nigeria’s debt servicing costs rise to N8.9tn – Report

28.04.2025

Nigeria’s debt servicing costs have surged to N8.9tn in the first nine months of 2024, surpassing the pro-rata budget of N6.2tn. In a recent report by Afrinvest, this increase is driven by the country’s rising debt profile, which ballooned from N97.3tn at the end of 2023 to N144.7tn in 2024. The N8.9tn spent on servicing...

Abbey Mortgage Bank records 68.64% surge in earnings

28.04.2025

Abbey Mortgage Bank Plc has reported a 68.64 per cent increase in gross earnings for the first quarter of 2025, amounting to N3.77bn, compared to N2.24bn in the same period of 2024. The bank’s unaudited financial statements for the period ended 31 March 2025 also show a 33.06 per cent rise in Profit Before Tax,...

Building construction beside Gani’s house followed due process – Developer

28.04.2025

The developers and the owners of the four-storey building situated beside the historic residence of the late legal icon and human rights crusader, Chief Gani Fawehinmi (SAN), have insisted that the structure was constructed following all necessary approvals and structural procedures as stipulated by the Lagos State Government. This clarification comes on the heels of...

Architects commend infrastructure design innovation by firm

28.04.2025

The Nigerian Institute of Architects has paid a visit to Ariston Group as part of efforts to foster collaboration and appreciate the company for its contribution toward advancing architectural design. In a statement from the NIA, its Chairman, Lagos Chapter, Abiodun Fatuyi, led the delegation ahead of the Lagos Architects Forum 2025, themed “Digital Transformation...

Inject stimulus to halt rising poverty, OPS urges govt

28.04.2025

The Organised Private Sector of Nigeria has called on the Federal Government to urgently inject targeted economic stimulus into the economy to counter the World Bank’s projection that poverty will rise to 56 per cent in Nigeria by 2027. The World Bank raised alarm in an earlier report, warning that 104 million Nigerians, about 47...

NGX gains N966bn in holiday-shortened week

28.04.2025

The Nigerian Exchange Limited gained N966bn in market capitalisation, buoyed by improved investor sentiment and positive movements in key banking and consumer goods stocks. The market opened for four trading days following the Easter celebrations, after the Federal Government declared Friday, April 18, and Monday, April 21, 2025, as public holidays. At the close of...

Vessels’ fund disbursement crucial for maritime growth – Shipowners

28.04.2025

The African Shipowners Association has said that the disbursement of the Cabotage Vessels Finance Fund at a single-digit interest rate would create abundant growth opportunities for the maritime industry. The group, in a statement on Sunday by its President, Capt. Ladi Olubowale said the move would also boost capacity building, local content, and develop Nigeria...

BUA Cement three-month revenue hits N290.8bn

28.04.2025

BUA Cement Plc has reported a revenue of N290.8bn for the three months ended March 31, 2025, representing an increase of 80.5 per cent compared to N161.1bn recorded in the corresponding period of 2024. The unaudited financial statements of the company filed with the Nigerian Exchange Limited recently showed that the revenue growth was driven...

Fertiliser producers pledge to meet national demand

28.04.2025

As Nigeria gears up for the 2025 farming season, the Fertiliser Producers and Suppliers Association of Nigeria has expressed confidence in the country’s preparedness to meet national fertiliser demand. In a press conference on Thursday in Abuja, the association said the industry, in partnership with key government agencies, is implementing a range of measures to...

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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

N-HYPPADEC Donates N10m, Relief Items To Banditry Victims In Kebbi

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Latest News

Draft new climate plans, UN urges nations

Nigeria’s debt servicing costs rise to N8.9tn – Report

Abbey Mortgage Bank records 68.64% surge in earnings

Building construction beside Gani’s house followed due process – Developer

Architects commend infrastructure design innovation by firm

Inject stimulus to halt rising poverty, OPS urges govt

NGX gains N966bn in holiday-shortened week

Vessels’ fund disbursement crucial for maritime growth – Shipowners

BUA Cement three-month revenue hits N290.8bn

Fertiliser producers pledge to meet national demand

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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

Popular Posts

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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