Business – Page 173 – Rise Africa

Tinubu Presents N43.56tn 2025 Budget Bill to N’Assembly

18.12.2025

President Bola Tinubu has asked the National Assembly to consider and pass the Appropriation, Repeal and Re-enactment Bill 2 of 2024, involving a total proposed expenditure of N43.56tn for the 2025 fiscal year. The request was conveyed in separate letters to the Senate and the House of Representatives on Wednesday. In the Senate, the letter...

Nigeria’s Extractive Sector: Backbone of National Revenue

18.12.2025

The Federal Government has said the extractive sector remains critical to Nigeria’s economic stability, revenue mobilisation, and long-term development aspirations, despite longstanding governance and transparency challenges that have limited its full potential. It noted that while oil, gas, and solid minerals continue to play a central role in sustaining government finances, inefficiencies, governance gaps ,and...

ClapMi gets $20k grant to boost African creator economy

18.12.2025

ClapMi, an African creator-tech startup, has secured a $20,000 innovation grant from Lisk through the Aya × Lisk Incubation Programme, aiming to launch Africa’s first competitive livestreaming platform, it said in a statement. The funding will accelerate ClapMi’s development of its creators layer and support the company’s mission to scale a hybrid Web2/Web3 livestream competition...

Jobberman Urges Youth Empowerment for Remote Work in Nigeria

18.12.2025

Jobberman Nigeria has championed empowering Nigerian youths, as it projected that the country’s remote workforce could grow to almost 50 per cent in the coming decade, driven by a booming youth population and rising global demand for talent. Jobberman Nigeria stressed the importance of a well-informed workforce at its Remote Work Festival, which was held...

TECNO announces MyPowerMoment challenge winners

18.12.2025

TECNO has announced the winners of its #MyPowerMoment Challenge, closing a continent-wide campaign that celebrated African creativity, youth expression and football culture inspired by the Africa Cup of Nations, it said on Tuesday. The challenge, which ran across East and West Africa, invited students and young creators to share personal moments of triumph, joy and...

Startups Showcase Innovative Solutions for Nigerian Insuranc

18.12.2025

The Nigerian Insurers Association has unveiled four innovators as finalists to pitch their solutions to insurers, investors, and industry leaders for potential adoption, partnership, and investment. The NIA, in a statement on Monday, said that the finalist innovators include Bunce, Mycover.ai, Riwe Technologies and SEAMFIX. They all showcased their solutions designed for the 2025 NIA...

SMILE2025 Equips Women with Empowerment Skills & Grants

18.12.2025

The SMILE2025 Widows and Orphans Outreach Programme has launched a new empowerment initiative aimed at equipping widows and young single mothers with practical job-creation skills and startup support to foster financial independence. Under the programme, 1,000 women and girls will receive vocational training, with a particular focus on liquid soap production, alongside a N50,000 business...

Nigerian Firm Wins Innovation Award in Architecture

18.12.2025

A Nigerian firm, Comfort Architectural Finishing Limited, has been recognised for its outstanding contributions to the field of architecture and design. In a statement on Monday, the firm said it received the Innovation, Architecture, and Design Award at the 8th edition of the 100 Persons of the Year Awards. The award was presented on Saturday,...

Adesanya Joins FrieslandCampina as Sales Director

18.12.2025

FrieslandCampina WAMCO has appointed former Guinness Nigeria Commercial Director, Olusanya Adesanya, as its new Group Director of Sales, marking a significant talent shift in Nigeria’s fast-moving consumer goods sector. Adesanya announced the move on his LinkedIn page, stating, “I’m happy to share that I’m starting a new position as Director of Group Sales at FrieslandCampina.”...

Luno & AltSchool Offer Free Crypto Education in Nigeria

18.12.2025

Luno, the global cryptocurrency platform founded in Africa, has partnered with AltSchool Africa, an accredited online learning provider, to deliver fully funded crypto education to 15,000 Nigerian residents. The initiative, titled “Demystifying Crypto for Africans”, is being billed as the largest crypto education programme on the continent, it said on Tuesday. Chief Executive Officer of...