Business – Rise Africa

NNPC & Heirs Energies End Gas Flaring at OML 17

10.12.2025

The NNPC/Heirs Energies OML 17 Joint Venture on Tuesday signed Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme and approved Non-NGFCP frameworks. At the ceremony held in Lagos, the JV said the event marked a significant transition from regulatory approvals to structured commercial execution, enabling flare gas volumes across OML 17 to...

Abuja-Kaduna Train Disruptions Are Temporary, NRC Assures

10.12.2025

The Nigerian Railway Corporation has assured passengers on the Abuja–Kaduna Train Service that recent disruptions on the route are temporary and not a result of neglect or indifference. NRC, in a statement signed by the Chief Public Relations Officer, Callistus Unyimadu, on Tuesday, noted, “We appreciate the passion, concern, and sense of national responsibility expressed....

Nigeria has 22,681 filling stations & 25,000 tankers

10.12.2025

Nigeria’s downstream petroleum sector has approximately 22,681 registered filling stations and more than 25,000 tanker trucks currently operating nationwide, according to the latest fact sheet released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, an agency of the Federal Government. The report, titled ‘State of the Downstream Sector’, provides a fresh snapshot of the...

Zoracom unveils platform for telecom field operations

10.12.2025

Zoracom has introduced its FIELD platform to tackle delays, missed installations, and errors in Nigeria’s telecom field operations. The Lagos-based technology company says the platform is helping operators gain real-time visibility and structure in managing their fieldwork. Across cities and suburbs, engineers often head out with ladders, tools, and work orders, relying mainly on phone...

A Call for Quality Controls

10.12.2025

Software testers in Nigeria on Saturday called for stronger standards and stricter quality controls to bolster digital trust as the country expands its technology sector. The call came during the 8th Annual Conference of the Association of Nigerian Software Testers, held in Lagos. The conference, themed “TESTING NIGERIA FORWARD: Building Trust. Powering Progress. Shaping the...

FG Bans Cash Payments in MDAs, Mandates PoS & e-Payments

10.12.2025

The Federal Government has outlawed the use of physical cash for the payment of revenue and directed Ministries, Departments, and Agencies to install Point of Sale terminals within 45 days. The directive formed part of four Treasury circulars issued by the Office of the Accountant-General of the Federation and obtained by The PUNCH on Monday....

Nigeria Power Grid Gets 450MW Boost After Fleet Revamp

10.12.2025

The Federal Government, through the Niger Delta Power Holding Company, has restored 450 megawatts of generation capacity to the national grid following the completion of scheduled maintenance works on the Geregu National Integrated Power Project plant in Kogi State. The four-week extended minor inspection, conducted by Siemens Energy, was executed to improve the facility’s reliability...

Shipping Lines and Agents Clash Over Empty Containers Return

09.12.2025

There seems to be a growing controversy between shipping lines under the Shipping Association of Nigeria and licensed customs agents operating in the nation’s maritime industry over the return of empty containers by shipping companies. While the agents accused shipping companies of deliberately abandoning the empty containers upon arrival here in Nigeria, SAN has said...

SROL wins awards for impactful community initiatives

09.12.2025

With a string of high-profile awards, Segilola Resources Operating Limited has reinforced its reputation as a mining company driving meaningful community impact and setting new standards in corporate responsibility. In a statement, it was stated that Segilola Resources Operating Limited ended November on an impressive note, earning industry-wide recognition for both its community impact and...

SO&U Highlights FATE Foundation’s Entrepreneurial Impact

09.12.2025

SO&U, one of Nigeria’s marketing communications groups, has congratulated FATE Foundation on the occasion of its 25th anniversary, celebrating the organization’s outstanding impact in empowering entrepreneurs and strengthening the nation’s MSME ecosystem since 2000. As a major partner of FATE Foundation, SO&U stated in a statement that it has consistently supported the organisation’s mission to...