Business – Page 110 – Rise Africa

Spiro Slashes Electric Bike Price in Nigeria, Targets Wider

10.09.2025

In a bold move to accelerate the adoption of clean transport in Nigeria, Spiro, Africa’s largest electric mobility company and battery-swapping network operator, has slashed the retail price of its flagship Ekon electric bike to ₦1.44m. The new pricing strategy is designed to make electric mobility accessible to everyday Nigerians, positioning the Ekon as a...

Digital Fraud Threatens Financial Inclusion in Nigeria – Fir

10.09.2025

The Managing Director and Chief Executive Officer of FirstBank, Dr Segun Alebiosu, has said the lender is prioritising fraud management and consumer protection as part of its strategy to safeguard customer confidence in Nigeria’s evolving financial system. Speaking with journalists on the sidelines of the Nigerian Economic Society Annual Conference in Abuja on Tuesday, Alebiosu...

NUPENG Suspends Strike After Dangote Accepts Demands

10.09.2025

The Nigeria Union of Petroleum and Natural Gas Workers suspended its two-day strike on Tuesday following a meeting with officials of the Federal Government and the Dangote Group, amid fuel supply disruptions in different locations across the country. The National President of NUPENG, Williams Akporeha, confirmed this to one of our correspondents. After the failure...

Safer Preservative-Free African Food: BGFOODS Champions Heal

10.09.2025

Nigerian food processing company BGFOODS Ltd is championing safer, healthier, and preservative-free African meals for families at home and in the diaspora. Founded in 2020 by Adedigba Olajumoke, BGFOODS focuses on adding value to locally grown produce, including fish, grains, spices, and condiments, using hygienic, preservative-free processing methods. The brand aims to make authentic African...

Zedcrest Wealth Appoints Renah Osiemi as Managing Director

10.09.2025

Asset management firm Zedcrest Investment Managers Limited (Zedcrest Wealth), a subsidiary of Zedcrest Group, has appointed Renah Osiemi as its Managing Director, signalling the company’s continued drive to provide innovative financial solutions to Nigerians. Osiemi, who previously served as Chief Operating Officer, takes on the role after a successful tenure in which she led the...

Prioritize Employee Well-being for Productivity and Growth

10.09.2025

Corporate leaders in Nigeria are being urged to prioritise employee wellness, with experts highlighting staff well-being as a key driver of productivity, performance, and organisational resilience. The Chief Executive Officer of The Mobile Spa and a leading corporate wellness strategist, Ms. Oghenetega Gbadagri, made this call in a note shared with The PUNCH. Addressed to...

Franklin Ozekhome Named Executive VP of Chain Reactions Afri

10.09.2025

Chain Reactions Africa has appointed Franklin Ozekhome as its Executive Vice President to lead Strategy and Innovation as part of the company’s digital transformation programme, it said on Tuesday. The appointment strengthens the firm’s leadership and marks a key step in its ambition to redefine how brands across Africa engage audiences by integrating culture, trends,...

Tripoint Travels Internship Program Combats Nigeria’s Unempl

10.09.2025

Tripoint Travels has unveiled an internship programme designed to tackle youth unemployment in Nigeria, one of the country’s most pressing economic and social challenges. The six-month initiative, known as the Tripoint Academy Internship Programme, combines practical business training with personal development and is aimed at producing a new generation of intrapreneur-employees who bring entrepreneurial thinking...

Port Harcourt-Aba Train Service Resumes with Reduced Fares

10.09.2025

The Nigerian Railway Corporation has resumed operations on the Port Harcourt–Aba route, just days after service was disrupted due to a technical fault that left passengers stranded near the Imo River. The NRC also announced a temporary fare reduction as part of its efforts to restore public confidence. This was contained in a statement made...

AFRAA Urges ECOWAS to Cut Airline Taxes in Africa

10.09.2025

Bordered by increasing financial burden on airlines in Africa, the Secretary-General of the African Airlines Association, Abderahmane Berthe, has appealed to the Economic Community of West African States to slash taxes and charges imposed on airlines operating in the region. Speaking at the Aviation Africa 2025 conference held recently in Kigali, the AFRAA Secretary-General highlighted...