Business – Page 145 – Rise Africa

Power & Engineering Gaps Hinder Nigeria Industrialisation

29.12.2025

The Lagos Chamber of Commerce and Industry has warned that the country cannot industrialise or expand manufacturing without solving its electricity challenges. It called on the Federal Government to refocus Nigeria’s development strategy on engineering, technical skills and a reliable power supply. The President of the LCCI, Leye Kupoluyi, said Nigeria’s failure to prioritise engineering...

Coleman MD projects manufacturing growth in 2026

29.12.2025

The Managing Director of Coleman Technical Industries Limited, George Onafowokan, has projected that the relative macroeconomic stability will lead to sustained growth in the manufacturing sector in 2026. According to a statement, Onafowokan, also the chairman of the Ogun State Manufacturers Association of Nigeria, based this optimistic outlook on the economy, characterised by a steadier...

Banks Warn Customers Against Rising Holiday Frauds

29.12.2025

Banks have warned their customers to be wary of fraudulent activities during the seasonal festivities. The warning was contained in emails and content on their social media pages, which advised customers to pay extra attention during the Yuletide. According to PhishMe Cofense, scams become rife during holidays due to the plethora of activities marking the...

REDAN & Sytemap Partner to Digitise Property Transactions

28.12.2025

The Real Estate Developers Association of Nigeria has signed a Memorandum of Understanding with Sytemap Technologies Limited, marking a major step towards making land and real estate transactions safer, more transparent, and more efficient nationwide. For millions of Nigerians, buying land or property has long been a journey filled with uncertainty, as stories of disputed...

Mama Cass Rebrands and Relaunches in Nigeria

28.12.2025

Mama Cass has announced its rebranding and return to the market, offering upgraded facilities, enhanced production systems, refreshed menus and a redesigned customer experience. In a statement, the 42-year-old brand explained that it is relaunching after a period of “strategic restructuring and operational realignment”, adding that it will offer “a blend of nostalgia with modern...

FIRS accredits PwC for mandatory e-invoicing in Nigeria

28.12.2025

The Federal Inland Revenue Service has accredited PwC Nigeria as a system integrator for Nigeria’s mandatory e-invoicing system under the Monitoring, Billing, and Settlement platform. PwC announced the accreditation in a statement, saying the accreditation is part of broader efforts by the tax authority to transform digital tax administration, increase transparency, and improve the integrity...

Proton advocates for empowering private security firms in Ni

28.12.2025

Proton Security Services Limited has urged the Federal Government to leverage the recent withdrawal of Nigeria Police personnel from VIP protection duties to strengthen the country’s security architecture by empowering licensed private security firms. Reacting to the directive in a statement, the Managing Director of the company, Adekunmi Odebunmi, described the policy as a turning...

PETROAN pushes for NNPC refineries privatisation by Q1 2026

27.12.2025

The Petroleum Products Retail Outlets Owners Association of Nigeria has renewed its call for the privatisation of Nigeria’s four state-owned refineries, urging the Federal Government to transparently conclude the process by the first quarter of 2026. The association said the timely privatisation of the refineries operated by the Nigerian National Petroleum Company Limited would eliminate...

IMTO Inflows to Nigeria Drop by $276m in H1 2025

27.12.2025

International Money Transfer Operator inflows into Nigeria fell by 11.78 per cent in the first half of 2025 compared with the same period of last year, according to new figures from the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin. An analysis of the data showed that IMTO receipts totalled $2.07bn between January and June...

Routelink MD Femi Adeoti Named Among Top Tech CEOs

26.12.2025

Managing Director of Routepay and Co-Founder of Routelink Group, Femi Adeoti, has been recognised as one of Nigeria’s influential technology chief executives in a 2025 industry assessment released by the Technology Industry Leadership Watch. The platform tracks executive impact and enterprise innovation across Africa’s digital economy, highlighting leaders driving the continent’s tech growth. According to...