Business – Page 106 – Rise Africa

Nigeria’s 2025 Energy Conference: Opportunities & Risks

11.09.2025

Ministers, regulators, and top industry leaders will, on October 9, 2025, converge in Lagos for the Annual NAEC Energy Conference 2025. A statement by the organisers indicated the conference will feature keynote addresses from the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri; the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo; the...

FIRS Partners With EFCC to Enforce tax compliance in Nigeria

11.09.2025

The Federal Inland Revenue Service has said that the Economic and Financial Crimes Commission is key in its drive to enforce voluntary tax compliance. According to a statement from the service on Tuesday, the FIRS Executive Chairman, Dr. Zacch Adedeji, said this during a courtesy visit to the EFCC headquarters in Abuja. The newly signed...

Nigeria Bans Unlicensed Boats to Improve Waterway Safety

11.09.2025

The National Inland Waterways Authority has announced an immediate ban on all loading activities from unauthorised points across the country to curb boat accidents and improve safety on Nigeria’s inland waterways. Speaking during a press briefing in Abuja on Tuesday, the Managing Director of the National Inland Waterways Authority, Bola Oyebamiji, announced the new directives,...

Nigeria Launches €18.3M EU-backed Agriculture Project

11.09.2025

The Federal Government of Nigeria, in partnership with the Government of Germany and the European Union, officially launched the €18.3m EU-VACE TARED Project on Wednesday. The project is a four-year initiative aimed at transforming Nigeria’s agricultural sector through climate-smart practices, job creation, and inclusive value chain development. The EU-VACE TARED (Agriculture Value Chain Facility –...

NAICOM & FinTechs Partner for Insurance Digital Transformati

11.09.2025

The Commissioner for Insurance, Mr. Olusegun Omosehin, has met with the FinTech Association of Nigeria to discuss strategies for driving digital transformation in the Nigerian insurance sector. According to a statement on Wednesday, the meeting highlighted a shared vision to revolutionise the insurance landscape through technological innovation, collaboration, and strategic partnerships. “The FinTech Association, led...

Nigeria Adopts T+2 Settlement: Boosting Investor Confidence

11.09.2025

The Securities and Exchange Commission and the Central Securities Clearing System have said that Nigeria’s transition to a T+2 settlement cycle will significantly boost investor confidence and deepen market liquidity, marking a major step in aligning the nation’s capital market with global best practices. This was disclosed at the webinar titled ‘Advancing Market Efficiency through...

Unlock $800B in Gulf of Guinea Investments: Global Leaders G

11.09.2025

As the 80th United Nations General Assembly opens, global CEOs, top diplomats, ministers, governors, and industry leaders from over a dozen countries are set to gather in New York for a high-level roundtable. The event, titled “Unlocking Energy, Oil & Gas, Minerals, Aviation, and Maritime Opportunities in the Gulf of Guinea: A Roadmap for Peace...

Buhari Rejected Saudi, Qatari Bids for Port Harcourt Refiner

11.09.2025

Former Minister of State for Petroleum Resources Ibe Kachikwu has disclosed that former President Muhammadu Buhari rejected proposals to hand over the Port Harcourt refinery to private investors, including Saudi Arabia and Qatar, for rehabilitation during his tenure. Kachikwu, who was also a former Group Managing Director of the then Nigerian National Petroleum Corporation, made...

Daystar Power Appoints Yischai Beinisch as New CEO

11.09.2025

Daystar Power, a provider of hybrid solar power solutions for commercial and industrial customers in West Africa, has announced the appointment of Yischai Beinisch as its Chief Executive Officer, effective September 1, 2025. A statement on Monday indicated that Beinisch joined Daystar from the power business in Shell and is taking on his new role...

Customs Area Controller Urges B’Odogwu Use for Efficiency

11.09.2025

The new Customs Area Controller in charge of the Lagos Industrial Area Command, Adebola Salawu, has charged officers of the Command to take advantage of the Unified Customs Management System, popularly known as B’Odogwu, to enhance excise performance towards the economic growth of the nation. In a statement on Tuesday by the Command’s Public Relations...