News – Page 254 – Rise Africa

Mobile Control Tower Ready For Deployment At MMIA In Few Days, Says NAMA

14.03.2026

The Nigerian Airspace Management Agency (NCAA) has explained why it has taken some time to deploy a mobile control tower at Lagos airport. The agency, through its spokesman, Dr. Abdullahi Musa, said in a statement that the installation of aviation control infrastructure cannot be undertaken in a hurried or improvised manner. Contrary to the impression...

CBN Orders Banks To Block Loan Defaulters From New Credit

14.03.2026

The Central Bank of Nigeria (CBN), has directed commercial banks across the country to stop granting new credit facilities to customers with outstanding non-performing loans, particularly borrowers with large exposures. The directive, contained in a circular issued to financial institutions, requires banks to deny such borrowers access to additional loans and other credit-related services within...

Coastal Highway Will Boost Connectivity, Trade, Economic Benefits – Group

14.03.2026

The people of Okobo Local Government Area of Akwa Ibom State have been assured of more people oriented projects from President Bola Tinubu and Governor Umo Eno’s administration after their re-election in 2027 general election. The President General of the ARISE with Renewed Hope Initiative, Engr. Uwem Okoko, made the remarks during the inauguration of...

Middle East Conflict Driving Production Costs Skyward, Ops Raises The Alarm

14.03.2026

With the price of crude oil projected to hit $200 a barrel at the international market, following the escalating America-Israel Iran war, members of the Organised Private Sector (OPS), have raised the alarm that the conflict is already pushing up cost of production in the manufacturing sector, amid the soaring prices of petroleum products, especially...

U.S. Places $10m Bounty On Iran’s Supreme Leader, Mojtaba Khamenei

14.03.2026

The United States government has placed a bounty of 10 million dollars as reward for information leading to the whereabouts of Iran’s new Supreme Leader, Ayatollah Mojtaba Khamenei. The U.S. State Department made the announcement on Friday, 13 March, through its “Rewards for Justice” programme, offering financial incentives and possible relocation to individuals who provide...

North Korea Launches About 10 Missiles Toward Sea of Japan

14.03.2026

In the early hours of Saturday, the North Korea launched several ballistic missiles into waters off its east coast. According to South Korea’s military, the missile strike comes days after Pyongyang warned of “Terrible consequences” over ongoing joint military exercises between the United States (US) and South Korea. South Korea’s Joint Chiefs of Staff (JCS) said...

IPAC, Sowunmi, Itodo Condemn Cancellation Of Indirect Voting For Primary Elections

14.03.2026

Stakeholders in Nigeria’s political space have condemned the exclusion of indirect voting in party primary elections, describing it as interference in the internal affairs of political parties and contrary to the position of the courts that such matters should be determined by the parties themselves. Recall that under the new Electoral Act signed into law...

Nigeria’s Crude Production To Increase By 225,000bpd As Shell Resumes Production At Bonga FPSO

14.03.2026

Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced that it has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to the resumption of production at Nigeria’s premier deep water field on March 6, 2026. A statement yesterday by Communications Manager, SNEPCo, Gladys Afam Anadu, explained that...

Arik Incident: NSIB Preliminary Report Details 23 Wreckage Impact On Aircraft

14.03.2026

The Nigerian Safety Investigation Bureau (NSIB) has detailed the extensive damage to an Arik Air aircraft that occurred during the climb out en route to Port Harcourt International Airport, Port Harcourt, on February 11, 2026, in its preliminary report. On 11 February 2026, a Boeing 737-700 aircraft with nationality and registration marks 5N-MJF, operated by...

PDP Crisis: Makinde’s Group In Quandary After Spat With Bala Mohammed

14.03.2026

A bloc within the Peoples Democratic Party (PDP) led by the Oyo State Governor, Seyi Makinde, is in a quandary with regards to its continued stay within the party, Saturday Telegraph has learnt. The Makinde group had been a solid part of the Alhaji Tanimu Turaki-led faction of the PDP until recently, when the Turaki...