Local news – Page 875

OPS: Interest Rate Cut Marks Significant Shift For Growth

24.09.2025

Members of the Organised Private Sector (OPS) have unanimously hailed the Central Bank of Nigeria (CBN)’s decision to cut lending rate. Specifically, CBN at its 302nd Monetary Policy Committee (MPC) meeting in Abuja, yesterday reduced its Monetary Policy Rate (MPR) or lending rate by 50 basis points, settling at 27 per cent from 27. 5...

Harmonisation: MAN Lauds FG On Introduction Of Tax Stamp

24.09.2025

The Manufacturers Association of Nigeria (MAN) has lauded the Federal Government’s efforts to harmonize and modernize tax administration, and promote greater accountability within Nigeria’s tax system through the enactment of the Nigeria Tax Act 2025. Disclosing this to New Telegraph in Lagos, the Director-General of MAN, Segun Ajayi-Kadir, said: “Our members widely welcomed the Laws...

TUC Dismisses Claim Nigeria’s Refineries Didn’t Work

24.09.2025

The President of the Trade Union Congress (TUC), Festus Osifo, on Tuesday dismissed claims that Nigeria’s state-owned refineries never worked. Osifo, who spoke on Channels Television’s Politics Today program, explained that the problem was not inactivity of the refineries but inefficiency. He, however, posited that the country’s refineries were shut because they were operating at...

Africa Must Finance Its Mineral Wealth, Assert Power In Global Supply Chains –Tinubu

24.09.2025

President Bola Tinubu yesterday called for a complete overhaul of the global financial architecture governing Africa’s mineral resources. Tinubu, represented by Vice President, Kashim Shettima, made the call at the 2nd Africa Minerals Strategy Group (AMSG) High-Level Roundtable on Critical Minerals Development in Africa, held on the margins of the 80th Session of the United...

Lack Of Rail Maintenance, Training, Cause Asham Train Derailment

24.09.2025

The Nigerian Safety Investigation Bureau (NSIB) has released the preliminary report on the derailment involving train number AK 1, operated by the Nigerian Railway Corporation (NRC), with locomotive registration CDD5c2 2701. The Director, Public Affairs and Family Assistance, NSIB, Mrs Bimbo Oladeji, said the report represents early findings and is subject to further analysis, adding...

Lagos To Atlanta Delta’s Aircraft Makes Emergency Landing In Accra Over Galley Smoke

24.09.2025

Panic gripped many of the passengers onboard Delta Flight 55 when the A330-200 aircraft taking them to Atlanta, United States, made an emergency landing at the Kotoka International Airport, Accra, Ghana. A couple onboard the aircraft told New Telegraph that the aircraft left Murtala Muhammed International Airport, Lagos, yesterday at 11:40 am, but shortly after,...

Otti Splits Ministry Of Lands, Housing In Cabinet Reshuffle

24.09.2025

…Replaces Late Commissioner Abia State Governor, Dr Alex Otti, has sworn in two new Commissioners and a Special Adviser to replace the late Commissioner for Trade and Commerce, Sunny Onwuma, and man the new Ministry of Housing carved out of the Ministry of Lands and Housing in a minor cabinet reshuffle. One of the newly...

Jigawa Moves To Obtain Licences For 5 New Microfinance Banks

24.09.2025

As part of efforts to deepen financial inclusion and bring banking services to the rural communities, the Jigawa State government has granted approval for the initiation of the process to obtain operational licenses for the establishment of five new Microfinance Banks in selected locations across the state. Commissioner for Information, Sagir Ahmed Musa, said the...

Why Alcohol Blocks The Liver From Healing –Study

24.09.2025

Excessive alcohol consumption can disrupt the liver’s unique regenerative abilities by trapping cells in limbo between their functional and regenerative states, even after a patient stops drinking. Results of the study are published in the journal ‘Nature Communications’. The study was conducted by researchers at the University of Illinois Urbana-Champaign and collaborators at Duke University...

MYCN Convention: Sukubo Re-Elected As President

24.09.2025

Ambassador Sukubo Sara-Igbe Sukubo has again emerged as the President of National Youth Council of Nigeria (NYCN). The congress and election which held yesterday in Yenagoa, the Bayelsa State Capital, saw Sukubo who hails from Rivers State emerge as the President of the Council for another four years. In his acceptance speech, the newly re-elected...

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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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OPS: Interest Rate Cut Marks Significant Shift For Growth

Harmonisation: MAN Lauds FG On Introduction Of Tax Stamp

TUC Dismisses Claim Nigeria’s Refineries Didn’t Work

Africa Must Finance Its Mineral Wealth, Assert Power In Global Supply Chains –Tinubu

Lack Of Rail Maintenance, Training, Cause Asham Train Derailment

Lagos To Atlanta Delta’s Aircraft Makes Emergency Landing In Accra Over Galley Smoke

Otti Splits Ministry Of Lands, Housing In Cabinet Reshuffle

Jigawa Moves To Obtain Licences For 5 New Microfinance Banks

Why Alcohol Blocks The Liver From Healing –Study

MYCN Convention: Sukubo Re-Elected As President

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