News – Page 507 – Rise Africa

FG Defends 30% Local Value Addition On Raw Materials Before Export

03.12.2025

The Raw Materials Research and Development Council (RMRDC) DirectorGeneral Nnanyelugo Ike-Muonso yesterday defended the 30 per cent Value-Addition Bill. The bill is geared towards prohibiting the export of raw materials without a minimum 30 per cent domestic processing. Ike-Muonso described the bill as the bedrock of Nigeria’s industrialisation and a declaration of the country’s economic...

$4.5bn Fraud: Statements By Emefiele’s Co-Defendant, Omoile, Were Voluntary –EFCC

03.12.2025

The Economic and Financial Crimes Commission (EFCC), on Tuesday, told Justice Rahman Oshodi of a Special Offences Court in Ikeja, Lagos, that a codefendant, Henry Omoile, voluntarily made his statements in the ongoing $4.5 billion alleged fraud trial involving a former Central Bank Governor, Godwin Emefiele. Emefiele is standing trial on a 19-count charge bordering...

NSITF Staff Fellowship Extends Support To Kuje Correctional Centre Inmates

03.12.2025

Staff of the Nigeria Social Insurance Trust Fund, (NSITF) Staff Fellowship yesterday visited the Kuje Correctional Centre, bringing hope and succour to inmates. Coordinator of the group, John Oleka, explained that the visit was in partnership with the Fund as part of its Corporate Social Responsibility efforts aimed providing support, hope, and rehabilitation resources to...

Disregard Campaigns Against Matawalle, Yoruba Youths Tell Tinubu

03.12.2025

The Yoruba Youths Council (YYC) has called on President Bola Tinubu to disregard what it described as “sponsored campaigns of calumny” allegedly targeted at the Minister of State for Defence, Bello Matawalle. In a statement issued yesterday, the council’s President, Comrade Eric Oluwole, said the group was concerned about attempts by unnamed actors to discredit...

Men’s Beer Bellies Increase Heart Failure Risk – Study

03.12.2025

A new study led by researchers in the United States has found that a guy’s beer belly could mean trouble for his heart. The researchers who presented their study on Monday at the Radiological Society of North America’s annual meeting in Chicago, said belly fat is linked to changes in heart structure that can contribute...

BoI Disbursed Over N1.27trn To 14 Sectors With 900,000 Jobs In 2024

03.12.2025

The management of Bank of Industry (BoI) yesterday said the bank disbursed over N1.27 trillion to enterprises across 14 sectors, directly and indirectly supporting more than 900,000 jobs in 2024 alone. The Chief Executive Officer of BoI, Dr Olasupo Olusi, disclosed this during the 10th Nigeria Energy Forum (NEF) Day 2 edition held virtually in...

Ahmadu’s Desire For Social Cultural Transformation Of Yoruba Land Is Insatiable – Atmos CEO

03.12.2025

The Chief Executive Officer of Atmos Integrated Services, Dr. Ajibola Ahmadu has described the President of Yoruba Leadership and Peace Initiative (TYLPI), Dr. Olusegun Ahmadu’s desire for rapid social/cultural transformation of Yoruba Land is insatiable considering his creation of number social groups. Ajibola showered encomium on the President while speaking on the need to celebrate...

NDC Seeks TETFund Support To Deepen Research

02.12.2025

The Commandant of the National Defence College (NDC), Rear Admiral Abdullahi Ahmed, has called for enhanced support from the Tertiary Education Trust Fund (TETFund) to boost the College’s research capacity and overhaul its curriculum in line with Nigeria’s rapidly evolving security landscape, including the integration of artificial intelligence. Ahmed, the 22nd Commandant of the College,...

How Currency Moves, And Reinsurance Rates Are Shaping Car Insurance Prices In India?

02.12.2025

There are various international and domestic factors that affect the prices of car insurance in India. The currency fluctuations and reinsurance rates are among the most significant. Reinsurance assists in counterbalancing huge-scale claims and catastrophic events. The fluctuations in global reinsurance prices and exchange rates have a direct impact on the prices that consumers pay....

Tinubu Appoints Al-Makura As N’Central Coordinator Of Renewed Hope Initiative

02.12.2025

President Bola Ahmed Tinubu on Monday appointed former Nasarawa State Governor, Senator Tanko Al-Makura, as the Coordinator of the Renewed Hope Initiative (RHI) for the North-Central geopolitical zone. Other appointees include HE Dr. Ifeanyi Arthur Okowa for the South-South, HE Isa Yuguda for the North-East, HE Aminu Bello Masari for the North-West, Senator Anyim Pius...