News – Page 282 – Rise Africa

Telecom Giants Add N5.5tn In Market Value As Tariff Hike Fuels Optimism

09.09.2025

Nigeria’s telecommunications behemoths, MTN Nigeria Plc and Airtel Africa Plc, have staged a spectacular rally on the Nigerian Exchange (NGX), racking up a combined market capitalization gain of N5.51 trillion in the first eight months of 2025. The surge, which follows the federal government’s approval of a 50 per cent tariff adjustment for telecom operators,...

Naira Strengthens To N1,506.84/$1 On Official Market

09.09.2025

The naira maintained its recent upward trend on Monday, appreciating to N1,506.84/$1 on the Nigerian Foreign Exchange Market (NFEM), compared with N1,514.87 per dollar last Thursday, data released by the Central Bank of Nigeria (CBN) shows. The local currency also appreciated on the parallel market yesterday as it strengthened to N1,528/$1, its highest level in...

Group Demands Recovery Of Smart Schools Money From Sujimoto

09.09.2025

The Enugu State Patriots, a group of leaders cutting across political and professional backgrounds, has thrown its weight behind the efforts by the Economic and Financial Crimes Commission (EFCC) and Enugu State Government to recover the total sum of N5.7 billion so far paid in tranches to Sujimoto Luxury Construction Limited for the construction of...

Ogun Remains Nigeria’s Top Investment Destination, Abiodun Tells AfCFTA Panel In Algiers

09.09.2025

Ogun State Governor, Dapo Abiodun, has told the inter national community that Ogun State is actively breaking trade barriers through bold initiatives designed to attract investment and deepen trade. Abiodun stated this while participating in a high-level panel session titled “Investment Showcase: Unveiling Opportunities from Select African & Caribbean SubSovereigns” at the ongoing IATF25 in...

2025 VMAs: S’African Singer Tyla Beats Burna Boy, Asake, Tems, Rema To Win Best Afrobeats

09.09.2025

South African rising star Tyla has made history at the 2025 MTV Video Music Awards (VMAs) after clinching the Best Afrobeats award, beating out Nigerian heavyweights Burna Boy, Asake, Tems, and Rema. The “Water” crooner, who has continued to dominate global charts since her breakout in 2023, became the first South African artist to take...

Firm Promotes Metro Smart City, Hosts Chevron Interns On Project Tour

09.09.2025

Property developer, Metrospeed Group has reaffirmed its commitment to transparency, youth empowerment, and community impact as it advances work on the Metro Smart City Project. The company on August 21, hosted a group of interns from Chevron Nigeria Limited alongside members of the Chevron Employees Multipurpose Cooperative Society (CEMCS) on an exclusive guided tour of...

Abia Bans Graduation Ceremonies, Combining Work Book With Text Book In Schools

09.09.2025

Abia State government has announced that only exiting classes in primary and secondary schools will be permitted to organise graduation ceremonies. The Commissioner for Basic and Secondary Education, Elder Goodluck Ubochi, and his counterpart in Information, Prince Okey Kanu, made this announcement in Umuahia, saying the practice has been a drain and financial burden on...

Foundation Offers Free Reconstructive Surgeries In Sokoto

09.09.2025

A team of Nigerian and international surgeons has commenced a week-long medical mission at the Noma Children’s Hospital, Sokoto, providing free reconstructive surgeries to indigent patients suffering from severe head and neck conditions. The humanitarian initiative is spearheaded by the Kindred Health Surgical Foundation, in partnership with Noma Children’s Hospital, to deliver life-changing procedures that...

Osun Inaugurates Imole Wi-Fi, Public Internet Service

09.09.2025

The Osun State Government has introduced Imole Wi-Fi, a free public internet service aimed at providing residents, students, businesses and communities with access to the internet. The initiative was launched by the Innovation, Science, Technology, and Digital Economy Office under the Office of the Special Adviser. Imole Wi-Fi is intended to facilitate digital access and...

Sokoto Appoints C’ttee To Facilitate Employment Into Civil Servants Cadre

09.09.2025

Sokoto State Governor, Ahmed Aliyu, has approved a nine-member high-profile committee to oversee the recruitment of qualified Sokoto State indigenes into the state civil service. This move aims to reduce unemployment and youth restiveness, factors that contribute to the rising issue of informant syndrome and worsening insecurity in the state. A statement issued by Abubakar...