Business – Page 221 – Rise Africa

Digital Oil Marketplace Launched for Downstream Trading

30.07.2025

A digital oil and gas company, Petroleumprice.ng, has unveiled a dedicated digital marketplace for petroleum products trading, infrastructure, and logistics services. This development was disclosed in a statement signed by the Chief Executive Officer of Petroleumprice.ng, Olatide Jeremiah, on Tuesday. The company said the platform, launched amid ongoing discussions around pricing transparency frameworks in West...

Agric Minister Wins World Agritourism Award 2025

30.07.2025

Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi, has been honoured with the prestigious “National Agritourism Patron of the Year” award at the inaugural World Agritourism Festival 2025. The award, presented by Xtralarge Farms and Resources, the organiser of the festival, recognised the minister’s exceptional leadership in promoting agriculture as a tool...

Uber, Bolt Face Calls for Stricter Ride-Hailing Regulation i

30.07.2025

Global ride-hailing giants Uber and Bolt have remained silent amid mounting calls for stricter regulation of e-hailing operations in Lagos, Nigeria’s commercial capital. The companies are under increasing scrutiny over allegations of labour rights violations, security concerns, and what a union representative described as “corporate negligence” by ride-hailing platforms operating in the state. A public...

Nigeria’s Paper Industry Seeks Policy Support to Curb Import

30.07.2025

Major stakeholders in Nigeria’s paper manufacturing industry have raised concerns over the sector’s exclusion from meaningful benefits under the Federal Government’s newly approved Renewed Hope Nigeria First Policy, warning that the country risks losing billions in economic value if urgent policy reforms are not implemented. The Nigeria First Policy, signed by President Bola Tinubu and...

Rotary Icon Omotosho Honored at Inner Wheel Ceremony

30.07.2025

Veteran Rotarian and humanitarian Mrs. Grace Omotosho was honoured during the official installation of Omolola Fakeye as the 42nd District Chairman of Inner Wheel District 911 in Lagos. The event, held over the weekend, transcended a routine leadership transition. It doubled as a heartfelt celebration of Omotosho’s legacy of mentorship, leadership, and unwavering dedication to...

Business

IREDE Foundation Launches Recruitment Toolkit for Disability

30.07.2025

The IREDE Foundation, a Lagos-based non-profit organisation, has launched a comprehensive recruitment toolkit aimed at helping employers and human resource professionals adopt inclusive hiring practices for people with disabilities. The initiative, which forms part of the Foundation’s broader Disability Empowerment and Employability Project, was unveiled with the support of the Lagos State Government. Founded in...

Air France Official Ogunseye Awarded Prestigious NIM Fellows

30.07.2025

The Nigerian Institute of Management has elevated Deputy Station Manager, Airfrance KLM Airlines, Lagos, Damilola Ogunseye to the prestigious Fellow grade in recognition of his significant contributions to the management profession, the Institute, and broader society. In a letter obtained by The PUNCH on Wednesday and signed by Registrar and Chief Executive Taiwo Ganiyat Olusesi,...

ADC Executive Honored for Digital Transformation Leadership

30.07.2025

Regional Executive, West Africa, at Africa Data Centres, Dr. Krishnan Ranganath, has been recognised as a Digital Transformation Pioneer for his significant contributions to Nigeria’s digital economy. The honour was bestowed on him at Africa’s Beacon of ICT Merit and Leadership Awards, an event that brought together over 200 prominent figures from the ICT industry,...

Banks to Report N25m+ Transactions From January 2026

30.07.2025

Banks, insurance firms and other financial institutions will, from January 2026, begin the reporting of monthly transactions exceeding N25m for individuals and N100m for companies to the tax authorities, The PUNCH reports. This was stipulated in the Nigeria Tax Administration Act, recently signed into law, among the tax reform bills approved by President Bola Tinubu....

Faveremit Boosts Rural Education in Osun with School Supplie

30.07.2025

A financial technology firm, Faveremit, has donated educational materials to over 500 pupils in three public primary schools across Osun State as part of its effort to support education in rural communities. The outreach, which forms the second phase of the company’s corporate social responsibility campaign titled Spreading Yuletide Love, saw book donations made to...