Business – Page 186 – Rise Africa

Auto Firm Decries Govt Hurdles on $100m Investment

29.01.2026

US-based Nigerian entrepreneur and Chief Executive Officer of Asper Autos Online Auction, Saheed Ashogbon, has lamented what he described as repeated frustrations and pushbacks from government authorities over his planned $100m automotive-related investment in Nigeria. Speaking with journalists in Lagos on Monday, Ashogbon expressed disappointment over the lack of official response to his efforts to...

Tax Committee Engages Stakeholders on New Nigeria Tax Laws

29.01.2026

The National Tax Policy Implementation Committee has sustained its stakeholder engagement programme, holding a high-level consultative session with leading tax advisory firms, professional bodies, and institutional representatives to support the effective implementation of Nigeria’s newly enacted tax laws. It was stated in a statement on Tuesday that the meeting brought together national presidents of professional...

Court Orders Jet Forfeiture Over Unpaid Customs Duties

29.01.2026

The Federal High Court sitting in Abuja has ordered the final seizure, condemnation, and forfeiture of a Bombardier BD-700 Global 6000 aircraft, with registration mark 9H-GVG and manufacturer’s serial number 9470, operated by Orlean Invest Africa Limited, to the Federal Government of Nigeria. The court, in its judgment delivered on January 22 in suit number...

Air France Water Protest Video is Old, NCAA Clarifies

28.01.2026

The Nigeria Civil Aviation Authority said the viral video of passengers on an Air France flight aggressively demanding water is old and has no link to any Abuja-bound flight, despite claims circulating on social media. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, on Saturday, said preliminary findings by the...

Jetour Nigeria partners with seven major automobile dealers

28.01.2026

Jetour Nigeria has announced strategic partnerships with seven major auto dealerships across the country, a move expected to reshape competition in Nigeria’s automotive market. The company disclosed the development in a statement signed by its Nigerian representative, Kemi Adeola. She explained that Jetour, a Chinese automobile brand with a strong focus on sports utility vehicles,...

Air Peace & Emirates partnership expands Africa-UK connectiv

28.01.2026

Emirates Airline and Air Peace have activated a bilateral interline agreement aimed at expanding air connectivity between Africa, the United Arab Emirates and the United Kingdom. The partnership, which builds on an existing relationship between the two carriers, will allow passengers to travel on a single ticket across select routes operated by both airlines, with...

Quickteller debuts InsomniaQ music experience in Lagos

28.01.2026

Quickteller, a digital payments platform powered by the Interswitch Group, has unveiled InsomniaQ, its new music and culture experience. It stated in a statement on Tuesday that the unveiling was done recently at a press briefing in Lagos, adding that the briefing brought together members of the media and key stakeholders for an exclusive preview...

Nigeria Grid Collapses Again Amid Low Power Generation

28.01.2026

Concerns are rising that incessant grid collapse cases may be returning to Nigeria’s power sector, as Nigerians experienced three incidents in less than a month. Electricity distribution companies blamed low power generation for the disruptions, though they did not agree that the sector is reverting to the era of frequent grid failures. The national power...

FNPH Benin Celebrates 17 Long-Serving Hospital Retirees

28.01.2026

Seventeen staff members of The Federal Neuropsychiatric Hospital, Benin-City, the Edo State capital, has honoured 17 staff members who retired after decades of service, bringing to an end careers that collectively spanned several hundred years in the institution. According to Tuesday’s release, the retirees were formally honoured during the hospital’s 2025 end-of-year celebration, which attracted...

Africa CDC Inks Partnership to Expand Public Health Summit

28.01.2026

The Africa Centres for Disease Control and Prevention has signed a memorandum of understanding with Informa Markets to strengthen the planning, delivery and long-term sustainability of the International Conference on Public Health in Africa and other flagship public health events. The agreement, signed by Africa CDC Director-General Jean Kaseya and Informa Markets’ President for the...