Business – Page 256 – Rise Africa

Nigeria to End Fish Imports, Boost Local Production

17.07.2025

The Minister of Marine and Blue Economy, Adegboyega Oyetola, looks to end Nigeria’s dependence on fish importation by aggressively boosting local fish production. Oyetola made this observation in a statement on Wednesday, signed by his media aide, Dr. Bolaji Akinola, during a high-level consultative meeting with fisheries cooperative groups in Abuja. The meeting, which was...

Nigeria Issues 867 Mining Licences in Q1 2025, Generating N6

17.07.2025

The Minister of Solid Minerals Development, Dele Alake, has urged African nations to take sovereign control of their natural resources by halting the export of raw minerals and prioritising domestic value addition through local processing and industrialisation. The minister said the continued export of unprocessed mineral resources deprives the continent of critical economic benefits, including...

Lagos Pushes for CNG Boats: Cleaner Waterways Ahead

17.07.2025

The Lagos State Waterways Authority has convened a strategic engagement meeting between the Presidential Initiative on Compressed Natural Gas, representatives of RIL Hydro Kraft Limited, promoters of CNG for Marine, boat operators, and other stakeholders across Lagos State on ways to adopt cleaner and more sustainable energy sources within the inland water transport sector. LASWA,...

Lions Club Chief Ajileye Awarded Honorary Doctorate

17.07.2025

European American University has conferred an honorary Doctor of Science degree in Business Management and Corporate Leadership on the President of the Lions Club, Abeokuta Branch, Chief Sunday Ajileye. The honorary degree recognises Chief Ajileye’s exceptional contributions to business growth and humanitarian service, particularly through his non-profit organisation, the SIB Foundation. Known for his passion...

Jumia Nigeria Appoints Temidayo Ojo as New CEO

17.07.2025

Jumia, Africa’s leading e-commerce platform, has appointed Temidayo Ojo as the new Chief Executive Officer of Jumia Nigeria, marking a significant leadership transition within the company. The appointment, announced on Monday, sees Mr. Ojo succeed Mr. Sunil Natraj, who led Jumia Nigeria through a period of economic and operational change, restoring growth and consumer confidence....

Henry Akinyele Installed as Rotary District 9111 Governor

17.07.2025

Rotary International has installed Rotarian Henry Akinyele as the second District Governor of Rotary District 9111 in a ceremony attended by dignitaries and leaders from across Nigeria. The event, tagged ‘the Royal Installation’, took place on Sunday at the Victoria Garden Event Centre, Alausa, Ikeja, Lagos, according to a statement issued on Tuesday. Former Governor...

Addosser MFB Aims for National License on 17th Anniversary

17.07.2025

Addosser Microfinance Bank has revealed that it has set its eyes on acquiring a national license and expanding its digital footprint as it marked its 17th anniversary. In a statement on Tuesday, the MfB said these were part of its future goals. Since its inception in 2008, Addosser said it had remained steadfast in its...

Buhari’s Economic Reforms: Legacy Amidst Headwinds

17.07.2025

The Organised Private Sector has described the late former President Muhammadu Buhari as a reform-minded leader whose administration pursued long-overdue structural changes with “strategic patience and political courage” amid difficult economic and global challenges. The Lagos Chamber of Commerce and Industry and the Manufacturers Association of Nigeria stated this in separate tributes following the announcement...

Nigeria Partners with CILSS to Boost Food Security

17.07.2025

The Federal Government is deepening efforts to enhance food and nutrition safety through a strategic collaboration with the Permanent Interstate Committee for Drought Control in the Sahel. This was disclosed on Tuesday by the Minister of State for Agriculture and Food Security, Aliyu Abdullahi, during a recent courtesy visit by a CILSS delegation led by...

Keyamo Urged to Form Aviation Agency Boards to Curb Corrupti

17.07.2025

The Association of Nigeria Aviation Professionals has urged the Minister of Aviation and Aerospace Development, Festus Keyamo, to push for the urgent formation and inauguration of governing boards for all other aviation agencies as a means to curb corruption and restore accountability in the sector. The General Secretary of ANAP, AbdulRasaq Saidu, made this call...