Business – Page 126 – Rise Africa

Baobab MFB unveils green financing for solar energy

10.03.2026

Baobab Microfinance Bank Nigeria has officially launched its Green Finance Project in a strategic move to address the growing energy deficit and rising costs facing urban households and businesses in Lagos. The initiative is a structured training and capacity-building programme designed to create a new cadre of professionals capable of guiding Small and Medium-sized Enterprises...

UBA Business Series Hosts ‘Gen W’ Edition for Women

10.03.2026

United Bank for Africa Plc has announced that it will host a special edition of its quarterly UBA Business Series, themed ‘Gen W – The Evolved Woman’, in celebration of International Women’s Month. The event is scheduled to take place in Lagos, bringing together an array of accomplished female leaders and professionals. According to the...

Poor Governance Drives Family Business Collapse, LBS Warns

10.03.2026

Poor governance and weak succession planning threaten the survival of many family-owned enterprises, Lagos Business School has warned. It called on family businesses to adopt governance structures to help build lasting legacies. In a statement, the school stated that formal governance frameworks would help family businesses establish clear roles, expectations, and decision-making processes, enabling them...

Lagos First Lady Hails Wema Bank for Women Empowerment

10.03.2026

The First Lady of Lagos State, Ibijoke Sanwo-Olu, has hailed Wema Bank for its sustained commitment to women’s empowerment and inclusive economic growth in Nigeria. She gave the commendation while speaking at the bank’s 2026 International Women’s Day celebration in Lagos. The event, regarded as one of the largest International Women’s Day gatherings in the...

Tatum Bank meets CBN capital requirement milestone

10.03.2026

Tatum Bank has announced that the Central Bank of Nigeria has confirmed that the bank has successfully met its capitalisation milestone in line with the regulatory requirements for financial institutions in Nigeria. The bank said in a statement on Monday that the achievement marks a significant step in strengthening its financial foundation and reinforces its...

NNPC posts N385bn profit as Nigeria oil output rises

10.03.2026

The Nigerian National Petroleum Company Limited recorded a profit after tax of N385bn in January 2026, even as crude oil and condensate production rose to 1.64 million barrels per day, according to the firm’s latest monthly operational report. The January 2026 NNPC Monthly Report Summary, released on Monday, showed that the state-owned energy company generated...

NEM Urges Female Entrepreneurs to Build Professional Structu

10.03.2026

The Managing Director and Chief Executive Officer of NEM Insurance Plc, Andrew Ikekhua, has called on Nigerian female entrepreneurs to transition from subsistence business models toward the technical discipline required to build global conglomerates. Speaking at the presentation ceremony for the 2026 ‘She Means Business’ contest in Lagos, Ikekhua emphasised that long-term success in an...

Nigeria Explores New Funding for National Census

10.03.2026

The Federal Government is exploring innovative financing options, including partnerships with development partners, to support the conduct of a new national population census, the Minister of Budget and Economic Planning, Abubakar Bagudu, has said. Bagudu disclosed this during a familiarisation visit by the Chairman of the National Population Commission, Aminu Yusuf, who led a delegation...

NECA backs Nigeria’s AI monitoring initiative for security

10.03.2026

The Nigerian Employers’ Consultative Association has commended the Minister of Interior, Olubunmi Tunji-Ojo, and the leadership of the ministry for their consistent commitment to strengthening Nigeria’s homeland security architecture and for the ongoing reforms aimed at improving border governance, internal security coordination, and institutional accountability within agencies under the ministry. NECA announced this in a...

NCCC advocates gas as bridge fuel for Africa’s future

10.03.2026

The Director-General of the National Council on Climate Change, Majekodunmi Omotenioye, has said Africa must adopt a pragmatic energy transition strategy that utilises natural gas as a bridge fuel to drive industrialisation while aligning with global climate commitments. Omotenioye said this in her keynote address at the just-concluded three-day Green Conference 2026 organised by Greenplinth...