News – Page 196 – Rise Africa

Forum To Spotlight Potential In Nigeria’s Energy Sector

24.09.2025

As Nigeria’s oil and gas sector gradually enters a defining new chapter, marked by bold policy reforms and renewed investor commitments, there is the need to reopen the investment space yet to be fully tapped. Recent remarks from Olu Verheijen, Special Adviser on Energy to President Tinubu, further underscored growing confidence in the sector. She...

FirstBank To Launch Financial Services For Blind, Physically Challenged

24.09.2025

FirstBank, the premier West African bank and a leading financial inclusion service provider, is set to introduce tailored financial services for blind, partially sighted, and physically challenged customers across its operations. This initiative is part of FirstBank’s broader continuous commitment to promoting Financial Inclusion and Diversity, which is shown in its policies, partnerships and initiatives...

H1’25: GTCO Posts N600.9bn Pre-Tax Profit

24.09.2025

Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of N600.9 billion for the first half of 2025, underlining the strength of its core banking and financial services operations despite the absence of last year’s windfall from fair value gains. The Board of Directors has also declared an interim dividend of N1.00...

Nigeria’s Elite Distance Runners Storm Ile-Ife For Historic Olojo 5km Race

24.09.2025

The ancient city of Ile Ife, revered as the cradle of civilisation, will host the first-ever Olojo Festival 5km Road Race this Thursday, drawing the best of Nigeria’s distance running talent. The race is part of the iconic Olojo Festival, a celebration of creation, renewal, and the spiritual authority of Ile Ife in Yoruba cosmology....

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,...