Business – Page 394 – Rise Africa

Nigeria’s Marketing Sector Sees $26.39M Investment Inflow

07.09.2025

Nigeria’s marketing industry has attracted a total of $26.39m in foreign investments since 2023, signalling a cautious rebound in investor confidence after a sharp decline in 2024. Capital importation data from the National Bureau of Statistics revealed that the sector recorded $22.13m in inflows in 2023 before declining to $1.29m in 2024. Yet, it recovered...

Airport Tech Boosts Efficiency: BASL Urges Adoption

07.09.2025

Bi-Courtney Aviation Service Limited, operator of the Murtala Muhammed Airport Terminal 2, has urged stakeholders in the aviation sector to embrace technology in airport design and operations to boost efficiency and passenger experience. According to a statement, the acting Chief Operating Officer of BASL, Remi Jibodu, said foresight remained critical in airport development. Speaking at...

UK Explores Fintech Deals with Interswitch in Nigeria

07.09.2025

Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, hosted a high-level delegation from the British Deputy High Commission and the UK Government’s Department for Business and Trade at its headquarters in Lagos, in a bid to explore strategic collaboration in Africa’s fintech ecosystem. The visiting delegation was led by British Deputy...

Nigeria & China Deepen Marine Cooperation

07.09.2025

Nigeria and China have pledged to deepen cooperation in the marine and blue economy sector, focusing on boosting port development and opening new markets for Nigerian aquaculture exports. This commitment was made during a meeting between the Minister of Marine and Blue Economy, Adegboyega Oyetola, and the Chinese Ambassador to Nigeria, Yu Dunhai, at the...

Cedar D’Vine Celebrates 20 Years, Eyes Africa Expansion

06.09.2025

A beverage and dairy firm, Cedar D’Vine Nigeria Limited, has celebrated its 20th anniversary with a focus on Africa market expansion. The event recently held in Ogun State brought together partners, regulators, distributors, and staff of the organisation to celebrate the milestone. Speaking at the event, the Managing Director of Cedar D’Vine, Mike Ewewie, explained...

Nigeria Revokes 4,709 Mining Licenses to Curb Fraud, Boost I

06.09.2025

The Federal Government has said more mining licences will be revoked as part of ongoing efforts to sanitise the solid minerals sector and protect investors from fraudsters. The Director-General of the Mining Cadastre Office, an agency of the Federal Government, Obadiah Nkom, disclosed this on Thursday during a live conversation on X (formerly Twitter), themed...

Nigeria Seeks $1.75 Billion World Bank Loan Amid Revenue Sur

06.09.2025

The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost in revenue has largely been driven by substantial gains in non-oil revenue collections, as confirmed in a press statement on Wednesday by Special Adviser to the President on Information...

Symmex Unveils Huraflow Manufacturing Software to Boost Effi

06.09.2025

Tech startup Symmex has unveiled a new product, Huraflow-MES/EAM, designed to boost efficiency, transparency, and reliability across Nigeria’s factories. Founder and Chief Executive Officer of Symmex, Olumide Awoyemi, described the product as “Africa’s first locally developed integrated Manufacturing Execution and Equipment Maintenance System.” He said the innovation would help pharmaceutical and fast-moving consumer goods manufacturers...

Arts & Culture Unite Niger Delta Communities for Peacebuildi

06.09.2025

The Foundation for Partnership Initiatives in the Niger Delta has intensified peacebuilding efforts across Bayelsa and Delta States through a weeklong series of arts and culture solidarity events. The programme, which ran from August 18 to 23, 2025, created platforms for dialogue and cultural exchange to confront challenges such as oil bunkering, artisanal refining, and...

RMRDC Unveils Plan to Boost Shea Industry Growth in Nigeria

06.09.2025

The Raw Materials Research and Development Council is taking proactive steps to ensure that the Federal Government’s suspension of raw shea nut exports translates into sustainable growth for the shea value chain and Nigeria’s economy. According to the Director-General of RMRDC, Nnanyelugo Ike-Muonso, on Thursday in Abuja, the Council has received key requests from stakeholders...