Business – Page 33 – Rise Africa

Origin Tech & OAU collaborate for food security in Nigeria

25.02.2026

Food systems company Origin Tech Group Nigeria Limited has signed a partnership agreement with Obafemi Awolowo University to establish a centre of excellence aimed at strengthening Nigeria’s agricultural value chain and improving food security. The agreement, sealed through a memorandum of understanding recently at the university’s campus in Ile-Ife, will combine the company’s expertise in...

XEJet & UniAbuja Partner on Aerospace Training Centre

25.02.2026

A domestic airline, XEJet Limited, has signed a strategic Memorandum of Understanding with the University of Abuja to establish the XEJet Centre for Aerospace and Space Engineering. According to the airline, the project is a purpose-built academic hub designed to advance aeronautical and astronautical engineering education in Nigeria and strengthen the country’s position in the...

How Diaspora Remittances Can Bridge Nigeria’s Housing Gap

25.02.2026

Real estate investor Tayo Oyerokun has said Nigeria’s annual diaspora remittances, estimated at about $21bn, could significantly bridge the country’s housing deficit if properly harnessed through structured investment platforms. Speaking during the celebration of the 10th-year anniversary of the company in Lagos on Saturday, the property developer and housing advocate stressed that Nigeria must begin...

Expert urges Nigeria to revive auto parts manufacturers

25.02.2026

An industrial and automotive-quality expert, Love Adewale, has called on the Federal Government to revive Nigeria’s dormant vehicle parts manufacturing companies, warning that the collapse of the component’s subsector is weakening the country’s automotive value chain. Adewale, a quality engineer with Magna International in the United States, said Nigeria must rebuild its components manufacturing base...

NUPRC launches 60-day plan to digitise operations

25.02.2026

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has announced a 60-day programme to fully digitise the commission’s internal communications and operational processes as part of efforts to enhance transparency, speed, and regulatory efficiency. Eyesan disclosed this when the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Musa Sarkin Adar,...

MEA Energy Enters Retail Market, Targets 250 Stations

25.02.2026

MEA Energy Limited has formally entered Nigeria’s downstream petroleum retail market with the unveiling of its maiden filling station in Bwari, Abuja, signalling plans to roll out up to 250 retail stations across key locations nationwide. The company, which operates as an oil and gas products trader, importer, wholesaler, retailer, ocean/coastal marine transit provider, and...

Nigeria’s $1tn Economy Hinges on Early Childhood Investment

25.02.2026

The World Bank has said Nigeria’s quest to build a $1tn economy by 2050 will depend largely on how urgently it invests in early childhood development, warning that productivity gaps formed before age five could weaken long-term growth. The Lead, Early Years Programme at the World Bank, Dr Ritgak Tilley-Gyado, said this in Abuja on...

Sterling Bank Rallies Stakeholders for Nigeria’s Tourism

25.02.2026

Sterling Bank Limited is rallying senior government officials, industry regulators, institutional investors, hospitality operators, creatives, and traditional leaders in Lagos to drive coordinated action aimed at unlocking sustainable investment and long-term growth in Nigeria’s tourism and creative economy. According to the lender in a statement on Tuesday, the aim of the convening is to position...

NB Plc celebrates trade partners at 2025 awards

25.02.2026

Nigerian Breweries Plc, Nigeria’s foremost brewing company, celebrated its outstanding trade partners at the 2025 Distributor Awards held recently at Eko Hotel and Suites, Victoria Island, Lagos. Themed “Unlocking Growth Together – aligned, focused and faster,” the ceremony brought together distributors, transportation partners, senior management, and key stakeholders to recognise exceptional contributions to the company’s...

Grenada Resort Investment Opens Pathway for African Investor

25.02.2026

Optiva Capital Partners has said that the opening of the $2.4bn Grenada National Resort in 2027 will open up another citizenship pathway for African investors. In a statement on Tuesday, the investment-immigration and wealth-retention firm indicated that Grenada National Resort was the single largest investment in Grenada and one of the most significant hospitality developments...