News – Page 1574 – Rise Africa

Court Adjourns Trial Of Ex-Gov Ahmed, Aide

11.04.2025

A former Kwara State Accountant General, Suleiman Ishola, has told a High Court sitting in Ilorin that the administration of ex-Governor Abdulfatah Ahmed obtained a N1 billion loan to augment the payment of salaries to civil servants and pensioners in the State. Ishola, who testified on Friday as a prosecution witness for the Economic and...

Rivers NUJ Correspondents’ Chapel Donates Gifts To Orphanage

11.04.2025

The Correspondents’ Chapel of the Nigerian Union of Journalists (NUJ), Rivers State Council, has donated gifts to the Priesthood Orphanage Home in Elelenwo, Port Harcourt, pledging continued support to the facility. The visit, which formed part of activities marking the 2025 Chapel Week, was led by Ignatius Chukwu, Chairman of the Organising Committee. Chukwu, who...

Navy Holdings Alerts Public To Activities Of Fraudsters

11.04.2025

The Navy Holdings Limited (NHL) has warned members of the public against dealing with “unscrupulous elements” masquerading as agents to facilitate sales of its properties located at Lake View Estate, Navy Town Asokoro – Abuja. While vowing to arrest and prosecute the suspected fraudsters, the NHL said its office at Asokoro remains open to subscribers...

Sanwo-Olu Congratulates Marwa, Pedro On LASU’s Doctorate Awards

11.04.2025

Lagos State Governor, Mr Babajide SanwoOlu, has congratulated the Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brigadier-General Mohammed Buba Marwa (rtd), and former Deputy Governor of the State, Otunba Olufemi Pedro, for the Honorary Doctorate degrees conferred on them by the Lagos State University (LASU). Marwa, a former Military Administrator of...

Legislators Protest N’east Exclusion From FG’s $530m Agro-project

11.04.2025

The North East National Assembly Caucus yesterday protested against the Federal Government’s exclusion of the region from the Special AgroIndustrial Processing Zones (SAPZ). Addressing reporters after a meeting at the National Assembly complex, the Caucus led by Senator Danjuma Goje expressed shock that the zone was excluded despite Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe’s...

Chinese Govt Raises US Tariff To 125%

11.04.2025

Chinese government has said it would raise tariffs on United States (US) goods to 125 per cent but would ignore further levies by President Donald Trump because it no longer makes economic sense for importers to buy from America. New Telegraph reports that Beijing’s latest round of retaliation announced on Friday, April 10, brings its...

Prada Acquires Versace For $1.4bn In Major Luxury Fashion Deal

11.04.2025

Luxury Italian fashion house, Prada has acquired Versace from multinational fashion luxury group, Capri Holdings, for an enterprise value of €1.25 bn. Founded in 1978 in Milan, Versace, an iconic brand, is one of the leading international fashion design houses. “Versace stands as a distinctive asset in the luxury landscape. The brand displays potential to...

FY’24: Naira Devaluation Wipes N1.8trn Off 7 Corporate Giants’ Earnings

11.04.2025

In a year marked by monetary turmoil and macroeconomic recalibration, seven of Nigeria’s largest corporations bore the brunt of a historic currency collapse—incurring a staggering N1.794 trillion in foreign exchange losses. This extraordinary erosion of corporate value follows the naira’s unprecedented depreciation, a direct consequence of the Tinubu administration’s foreign exchange unification policy introduced in...

Enugu Electricity Commission Issues Fresh 5MW Power License

11.04.2025

In yet another milestone in its regulatory efforts to boost electricity supply in the state, the Enugu State Electricity Regulatory Commission, EERC, has issued a 5MW power generation license to Tempo Power Solutions Ltd to set up a gas-fired plant. This brings to a total of 15MW, the worth of power generation licenses issued by...

Lagos Inaugurates Emergency Flood Measures As FG Warns Of High Risk

11.04.2025

The Lagos State Government has launched emergency measures aimed at safeguarding vulnerable communities following the warning of imminent floods. This follows the Federal Government’s classification of Lagos among states at high risk of experiencing significant flood events this year. Following reports of flooding across several parts of Lagos Island— including Aroloya Street, Ojo-Giwa, Binuyo, and...

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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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Court Adjourns Trial Of Ex-Gov Ahmed, Aide

Rivers NUJ Correspondents’ Chapel Donates Gifts To Orphanage

Navy Holdings Alerts Public To Activities Of Fraudsters

Sanwo-Olu Congratulates Marwa, Pedro On LASU’s Doctorate Awards

Legislators Protest N’east Exclusion From FG’s $530m Agro-project

Chinese Govt Raises US Tariff To 125%

Prada Acquires Versace For $1.4bn In Major Luxury Fashion Deal

FY’24: Naira Devaluation Wipes N1.8trn Off 7 Corporate Giants’ Earnings

Enugu Electricity Commission Issues Fresh 5MW Power License

Lagos Inaugurates Emergency Flood Measures As FG Warns Of High Risk

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