Rise Africa

Stakeholders urge revival of Nigerian paper industry

17.04.2026

Stakeholders have cautioned against policies and narratives that could undermine Nigeria’s paper industry, insisting that digitisation can coexist with a thriving paper ecosystem. This follows FAE Limited’s unveiling of its Eco Fine photocopier paper in Lagos. Speaking at the World Envelope Day celebration on Thursday, the Managing Director and Chief Executive Officer of FAE Limited,...

Tizeti Restructures Leadership for Broadband Expansion

17.04.2026

Tizeti Network Limited, a Nigerian wireless and fibre internet service provider, has restructured its leadership team as it prepares for a new phase of expansion focused on scaling broadband access and deepening its fibre footprint. The company said the changes, effective July 1, 2026, are designed to support a more specialised operating model as it...

Crude oil prices rise on renewed US-Iran talks

17.04.2026

Crude oil prices moved higher on Thursday, with WTI trading near $92 per barrel and Brent rising above $95, as markets rebounded from earlier weakness and tracked fresh developments around the US-Iran conflict. The recovery comes as traders reassess geopolitical risks and weigh whether ongoing ceasefire discussions could stabilise supply routes. Coin Paper reports indicate...

Nigeria rejects IMF loan, has no plan for $50bn fund

17.04.2026

The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund to borrow from the estimated $50bn, which the IMF had earlier announced on Wednesday that it plans to use and support struggling economies in Africa. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, disclosed...

Nigerian Breweries Stock Rallies After Business Recovery

17.04.2026

The leadership of Nigerian Breweries Plc has tied the recent triple-digit surge in its share price to a successfully executed business recovery plan, asserting that the company has emerged from its most turbulent financial period with a fortified market position. Speaking at the 80th Pre-Annual General Meeting media briefing in Lagos on Thursday, the Managing...

Business

MTN Suspends Xtratime Over New Lending Regulations in Nigeri

17.04.2026

MTN Nigeria, the country’s largest telecoms operator, has suspended its airtime and data lending service known as “Xtratime” as new regulatory requirements under Nigeria’s expanded digital credit rules take effect. The company said the temporary suspension was driven by compliance obligations under the Federal Competition and Consumer Protection Commission’s Digital, Electronic, Online or Non-Traditional Consumer...

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