Business – Page 122 – Rise Africa

Symmex Unveils Huraflow Manufacturing Software to Boost Effi

06.09.2025

Tech startup Symmex has unveiled a new product, Huraflow-MES/EAM, designed to boost efficiency, transparency, and reliability across Nigeria’s factories. Founder and Chief Executive Officer of Symmex, Olumide Awoyemi, described the product as “Africa’s first locally developed integrated Manufacturing Execution and Equipment Maintenance System.” He said the innovation would help pharmaceutical and fast-moving consumer goods manufacturers...

Arts & Culture Unite Niger Delta Communities for Peacebuildi

06.09.2025

The Foundation for Partnership Initiatives in the Niger Delta has intensified peacebuilding efforts across Bayelsa and Delta States through a weeklong series of arts and culture solidarity events. The programme, which ran from August 18 to 23, 2025, created platforms for dialogue and cultural exchange to confront challenges such as oil bunkering, artisanal refining, and...

RMRDC Unveils Plan to Boost Shea Industry Growth in Nigeria

06.09.2025

The Raw Materials Research and Development Council is taking proactive steps to ensure that the Federal Government’s suspension of raw shea nut exports translates into sustainable growth for the shea value chain and Nigeria’s economy. According to the Director-General of RMRDC, Nnanyelugo Ike-Muonso, on Thursday in Abuja, the Council has received key requests from stakeholders...

Nigeria to Add Excess Solar Power to National Grid

05.09.2025

The Nigerian Electricity Regulatory Commission has said that plans are ongoing to implement a net metering arrangement that will enable the export of excess power back into the national grid for commercial value. This commission said the value of solar panels imported into Nigeria in the first quarter of 2025 was N125.3bn, saying this reflects...

NRC Reorganization After Train Derailment in Nigeria

05.09.2025

The Nigerian Railway Corporation has undergone a significant management reshuffle, barely 10 days after a train accident on the Kaduna-Abuja route injured 20 people. NRC’s Managing Director, Dr Kayode Opeifa, announced a sweeping reorganisation that includes the appointment, redeployment, and retention of district managers and senior officers across the corporation’s operational corridors, according to an...

Tech Adoption Key to Agricultural Growth in Nigeria

05.09.2025

The Lagos Chamber of Commerce and Industry has called on stakeholders in the agriculture sector to embrace technology and information technology to modernise practices and ensure growth. Industry leaders and policymakers stressed the need to transform farming into a viable, attractive, and profitable venture at the LCCI Agric Symposium 2025, held on Wednesday in Lagos....

Marketing Execs Urged to Lead Growth in Nigeria

05.09.2025

Marketing executives in Nigeria have been urged to go beyond their traditional role as brand custodians and reposition themselves as growth leaders by embracing generative artificial intelligence, governance, and new approaches to business transformation. The call was made at the Advertisers Association of Nigeria Chief Marketing Officers’ Forum held recently in Lagos, where industry leaders...

Tochi Wigwe Champions SME Growth with 5-Year Initiative

05.09.2025

Entrepreneur and Director of The HOW Foundation, Tochi Wigwe, has reaffirmed her commitment to strengthening small businesses in Lagos through the TW Entrepreneurship 2030 Agenda, a five-year initiative aimed at supporting over 5,000 small and medium entrepreneurs with structure and strategy for sustainable growth. According to a statement, Wigwe hosted the finale of the Town...

CBN’s Dollar Push Boosts Naira Stability

05.09.2025

The Central Bank of Nigeria’s recent measures have lifted dollar liquidity in the foreign exchange market, raising hopes of a more stable naira. These reforms, coupled with rising inflows, have provided short-term relief, but sustaining the trend will depend on deeper structural changes, SAMI TUNJI reports The naira has once again taken centre stage in...

Dangote Refinery Buys N11bn Crude Oil from NNPC in July

05.09.2025

The Nigerian National Petroleum Company Limited has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was contained in an internal document submitted at the Federation Account Allocation Committee meeting in August and obtained by The PUNCH on Wednesday. According to the...