Business – Page 168 – Rise Africa

PenCom Extends Pension Recapitalisation Deadline to June 202

19.12.2025

The National Pension Commission has moved the pension industry recapitalisation deadline to June 2027, extending it from December 2026. This was disclosed by the Director-General of PenCom, Ms Omolola Oloworaran, during the 2025 PenCom Media Conference on Thursday in Lagos, as she dismissed speculations that the recapitalisation exercise had been suspended. The PUNCH in September...

FirstBank, Guinness, Sweden back AFRIMA 2026 in Lagos

19.12.2025

The Lagos State Government, First Bank of Nigeria, Guinness Nigeria, The Address Homes, the Government of Sweden, Gobet247, and several other major organisations have pledged strong support for the 9th edition of the All Africa Music Awards, scheduled to take place from January 7 to 11, 2026, in Lagos. The announcement, made in partnership with...

Business

Indigo named top PR agency in Nigeria at LAPRIGA Awards

19.12.2025

Integrated Indigo Limited, one of Nigeria’s leading public relations and strategic communications agencies, delivered an outstanding performance at the 2025 Lagos Public Relations Industry Gala and Awards, LAPRIGA, where it swept five awards across different categories, including the coveted Model Agency of the Year. The awards ceremony was held on Friday, December 12, 2025, at...

REA & Huawei Conduct First Solar Power Safety Test in Nigeri

19.12.2025

In a major step towards improving safety standards in Nigeria’s fast-growing solar power sector, the Rural Electrification Agency, in partnership with Huawei Technologies Nigeria Limited, has conducted the country’s first authoritative Arc Fault Circuit Interrupter function test for photovoltaic inverters. The test, carried out yesterday under controlled conditions simulating real-life fault scenarios, successfully demonstrated the...

NEPAD recommits to Africa’s trade growth

19.12.2025

The NEPAD Business Group Nigeria has reaffirmed its commitment to advancing a private sector–led economic transformation for Nigeria and the African continent, with a strong focus on unlocking opportunities under the African Continental Free Trade Area. This position was articulated at the 2025 High-Level Business Forum held in Lagos, where NBGN Chairman, Bashorun J.K. Randle,...

Focus on Meat & Coconut

19.12.2025

The Food and Agriculture Organization of the United Nations, in collaboration with the Federal Ministry of Agriculture and Food Security and the Lagos State Ministry of Agriculture and Food Systems, has called for increased private sector investment in the red meat and coconut value chains to strengthen food security, create jobs, and drive economic growth....

Venezuela oil blockade pushes crude prices above $60

19.12.2025

Oil prices rebounded on Wednesday as markets weighed an escalation in US action against Venezuela against persistent bearish pressures from Russia-Ukraine peace talks and weak Chinese economic data. On Wednesday, oil prices rose more than 2.4 per cent after US President Donald Trump ordered what he described as a “total and complete blockade” of all...

Heirs Energies Doubles Output With Brownfield Excellence

19.12.2025

Heirs Energies has revealed how it doubled production at OML 17 by reviving previously inactive and underperforming wells, without drilling new ones, a strategy the company describes as “brownfield excellence.” Speaking recently at a Lagos event marking the signing of gas offtake agreements, the Chief Executive Officer of Heirs Energies, Osa Igiehon, said the company...

Nigeria Customs Deepens Ties for Trade Facilitation

19.12.2025

The Nigeria Customs Service has agreed to deepen structured engagements with the American Business Council aimed at improving trade facilitation and strengthening investor confidence. According to a statement on Monday by the National Public Relations Officer of the Service, Abdullahi Maiwada, the Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, stated this when he received...

Polaris Bank promotes girls’ hygiene in Lagos schools

19.12.2025

Polaris Bank has continued its commitment to empowering the Nigerian girl-child through health education and essential support, as it distributed hygiene essentials to female students of Kuramo and Victoria Island Junior and Senior Secondary Schools, Lagos. According to the bank, the initiative stems from Polaris Bank’s 2025 International Women’s Day celebration and forms part of...