Business – Page 431 – Rise Africa

Nigeria’s Cash Transfer Reaches Only 36% of Households

23.08.2025

Since October 2023, only 36 per cent of targeted households have benefited from the conditional cash transfer programme launched by the Federal Government to cushion economic hardship for vulnerable Nigerians. According to the latest mid-year report published by PwC, most of the beneficiaries have received the cash transfer once since 2023. The programme was relaunched...

UN Climate Expo Calls for Urgent Adaptation Financing

23.08.2025

The United Nations, at the 2025 annual climate adaptation event in Lusaka, Zambia, has made an urgent call for scaled-up investment to save lives, lift living standards and boost economic growth. NAP Expo 2025 focused on strengthening countries’ capacity to advance National Adaptation Plans ahead of COP30 in Brazil and closing the financing gaps that...

AGOA Trade Pact Still Active, Nigerian Exporters Reassured

23.08.2025

The Nigerian-American Chamber of Commerce has reassured Nigerian exporters that the African Growth and Opportunity Act remains in force despite uncertainty over its expiration timeline. Chairman of the Trade and Investment Committee of the NACC, Grace Adeyemo, explained that the scheme, which grants duty-free access to over 6,800 products from Sub-Saharan Africa into the United...

NIA Chairman to Address Insurance Tech Conference 2025

23.08.2025

The Chairman of the Nigerian Insurers Association, Kunle Ahmed, is set to speak at the upcoming Insurance Meets Tech. In a statement on Thursday, it was disclosed that the NIA chairman will be a Guest of Honour at West Africa’s leading platform for converging insurance and technology innovations, colloquium, and discourse on policy environment and...

FrieslandCampina’s Mother’s Day Campaign Celebrates Family P

23.08.2025

FrieslandCampina WAMCO Nigeria PLC has spotlighted mothers as the structural and emotional pillars of households, as it launched the 2025 edition of its flagship Mum of the Year campaign under its Three Crowns Milk brand. According to a statement, the annual initiative celebrates Nigerian mothers’ resilience and devotion to their families while promoting healthy nutrition....

Lord’s Achievers Awards 2025: Recognizing Young Nigerian Lea

23.08.2025

Makers of Lord’s London Dry Gin, Nigeria Distilleries Limited, have announced their plans to recognise youths in different fields of business and social impact. The firm said the Lord’s Achievers Awards will return this year for its seventh edition with an expanded jury process and new categories. Marketing Manager of Nigeria Distilleries Limited, Oluwagbemileke Lawal,...

Gemstone Industry Summit Charts New Path for Growth in Afric

22.08.2025

Stakeholders in the precious minerals sector are preparing to champion gold and gemstone development at the Gold and Gemstone Conference and Exhibition 2025, scheduled to be held from November 24 to 28 in Lagos. The conference, which will take place at the Lagos Oriental Hotel, Lekki, is expected to bring together industry leaders, investors, miners,...

Business

Infrastructure Deficit Hinders Nigeria’s Economic Growth – N

22.08.2025

The Nigerian Economic Summit Group has stated that the country’s infrastructure deficits are a major barrier to its economic growth, limiting productivity and discouraging investment. This came ahead of the 31st Nigerian Economic Summit (NES #31), scheduled for October 6–8, 2025.The event will explore “Building Infrastructure for Competitiveness”, underlining the crucial role that infrastructure plays...

UK Leads Nigeria’s Q1 2025 Capital Importation with $3.68bn

22.08.2025

United Kingdom-based investors provided the bulk of Nigeria’s foreign capital in the first quarter of 2025, accounting for more than 65 per cent of total inflows, the latest Capital Importation report from the National Bureau of Statistics has shown. The data revealed that capital from the UK rose to $3.68bn (N5.52tn at N1,500/$) in Q1...

Tech & Analytics to Revolutionize Systems

22.08.2025

A transportation engineering consultant, Ahmed Oyeyemi, has stated that integrating technology and analytics can enhance the efficiency and safety of transportation systems. Oyeyemi, who works with the Maryland Department of Transportation State Highway Administration in the United States, said that sensors, real-time data analysis, and intelligent transport systems can help reduce congestion and prevent accidents....