Business – Page 430 – Rise Africa

OPay unveils improved verification system to prevent fraud

07.05.2025

Leading financial technology firm, OPay has rolled out an enhanced security question feature to strengthen user account protection against fraud and unauthorised access. According to the company, the improved feature is part of its commitment to safeguarding customers, especially during high-risk transactions such as resetting payment passwords, changing phone numbers, or confirming sensitive actions. The...

Nigerian CEOs grappling with inflation, economic volatility – PwC

07.05.2025

Nigerian Chief Executive Officers are grappling with inflation and macroeconomic volatility, the 28th Annual Global CEO Survey of PwC has revealed. The survey, based on feedback from 4,701 CEOs worldwide, including Nigeria, shows that 58 per cent of Nigerian CEOs cite inflation as a major concern, while 39 per cent are worried about macroeconomic volatility....

NLNG, Seplat partnership to boost gas supply – Report

07.05.2025

Nigeria LNG, Africa’s leading liquefied natural gas producer, is poised to experience a 12 per cent increase in its gas supply once a deal with Seplat Energy goes into effect, a top executive at the indigenous energy company told Bloomberg on Tuesday. This boost comes as a result of a newly forged preliminary agreement marking...

Delta40 targets startups with Lagos studio

07.05.2025

Delta40, a venture studio and VC fund, launched its Nigeria Venture Studio in Lagos, betting on energy, agriculture, and fintech to fuel Africa’s entrepreneurial boom, it announced on Tuesday. The high-profile event, held in partnership with Nithio, an AI-driven clean energy investment platform, drew key figures including Nigeria’s Minister of Trade, Industry and Investment, Dr...

Revenue inefficiencies cost power firms N965bn

07.05.2025

The 11 electricity distribution companies in Nigeria and other market operators in the sector collectively incurred a loss of N965bn due to technical and commercial inefficiencies in the 12 months of 2024, an analysis of the latest data from various industry reports showed. Findings from the Nigerian Electricity Regulatory Commission’s quarterly reports indicate that the...

Mastercard to digitalise Africa’s informal economy – Country Manager

07.05.2025

As digital transformation accelerates across Africa, Mastercard is positioning itself at the heart of the continent’s payment revolution. In this interview with Oluwakemi Abimbola, Mastercard’s Country Manager and Area Business Head for West Africa, Folasade Femi-Lawal, discusses the company’s efforts to tackle payment challenges in Nigeria and the continent for small and medium enterprises Payments...

Major petrol, diesel price cuts expected over crude slump

07.05.2025

Marketers of refined petroleum products say petrol and diesel prices may drop as crude oil prices slump again. However, the marketers who spoke with our correspondent, said the drop may not be immediate, saying it has to do with the stability of the new low prices. Our correspondent reports that crude prices tumbled below $60...

Gabon honours Elumelu for championing youth entrepreneurship

07.05.2025

The President of the Republic of Gabon, Brice Nguema, has conferred the country’s highest honour, the Commander in the National Order of Gabonese Merit, on Tony Elumelu, the Group Chairman of United Bank for Africa Plc and Founder of the Tony Elumelu Foundation. In a statement on Monday, the award recognises Elumelu’s contributions to Africa’s...

SEC plans stock market meeting on investments

07.05.2025

The Securities and Exchange Commission has announced that it will hold the first quarter Capital Market Committee meeting on May 19 in the Victoria Island area of Lagos state. According to the commission, in a statement made available to our correspondent on Monday, the meeting will focus on the implementation of the Investments and Securities...

Business

MTN, CSCS collaborate on capital market accessibility

07.05.2025

The Central Securities Clearing System has partnered with MTN Nigeria to launch a USSD code service aimed at enhancing accessibility to capital market information for investors. In a statement on Monday, the service, set to go live on May 8, will enable users to access key investment details directly from their mobile phones without needing...

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I apologise for saying no heaven without tithe – Adeboye

04.10.2024

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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Latest News

OPay unveils improved verification system to prevent fraud

Nigerian CEOs grappling with inflation, economic volatility – PwC

NLNG, Seplat partnership to boost gas supply – Report

Delta40 targets startups with Lagos studio

Revenue inefficiencies cost power firms N965bn

Mastercard to digitalise Africa’s informal economy – Country Manager

Major petrol, diesel price cuts expected over crude slump

Gabon honours Elumelu for championing youth entrepreneurship

SEC plans stock market meeting on investments

MTN, CSCS collaborate on capital market accessibility

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The Battle for Africa

I apologise for saying no heaven without tithe – Adeboye

Protesters storm Rivers electoral commission, insist election must hold

Man who asked Tinubu to resign admitted in psychiatric hospital

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

Protesters storm Rivers electoral commission, insist election must hold

Man who asked Tinubu to resign admitted in psychiatric hospital

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