Business – Page 486 – Rise Africa

TCN Defends Board Restructuring Amid SEC Dispute

01.08.2025

The Tourist Company of Nigeria has affirmed its right to remove Anthony Idigbe, SAN, and Abatcha Bulama as directors from its board and OOT Nominees Limited as company secretary. This was disclosed in a statement made available to The PUNCH on Wednesday. The Securities and Exchange Commission on Monday disowned the resolutions made at the...

Pastel & FintechNGR Partner to Boost AI Compliance in Nigeri

01.08.2025

Technology firm Pastel has partnered with the FinTech Association of Nigeria to drive the adoption of artificial intelligence in compliance functions in the financial sector. At the second edition of its breakfast meeting in Lagos with players in the financial sector present, Pastel said that this drive becomes important as Nigerian banks face increasing pressure...

Branch Empowers Nigerians with Digital Financial Services

01.08.2025

In a bid to empower families and promote financial dignity, Branch, a digital finance platform, has launched its new campaign: FUNded with Branch. The scheme aims to provide Nigerians with a dependable partner for maintaining dignity and living fully, whether it’s for planned or unexpected expenses. According to a statement on Wednesday, the Managing Director...

Nigerian Lagoons Ranked Among World’s Worst Marine Dumpsites

01.08.2025

Maritime stakeholders have described Nigerian lagoons, including Tarkwa-Bay and Bonny, among others, as the world’s highest marine dumpsites. This even as they complained that the nation’s coastal waters, which were once hubs of commercial ferry activities and vibrant fishing economies, are now neglected, with many inland waterways abandoned or polluted, and ferry services diminished. These...

UAC Acquires Chivita|Hollandia from Coca-Cola in Nigeria

01.08.2025

UAC of Nigeria Plc has agreed to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company. In a statement filed with the Nigerian Exchange Limited on Wednesday, it was revealed that the transaction is still subject to regulatory approval. Chivita|Hollandia is a food and beverage player in Nigeria, with a portfolio across value-added dairy products, juices,...

Nigeria Customs Deepens Ties with China’s GACC

31.07.2025

The Nigeria Customs Service said it has further strengthened its international cooperation efforts through a high-level engagement with the General Administration of Customs of China. This was announced in a statement on Sunday by the National Public Relations Officer of the Service, Abdullahi Maiwada. He explained that the meeting held over the weekend in Beijing...

NIN Verification Upgrade Complete: Nigerian Telcos Now Live

31.07.2025

The National Identity Management Commission has announced the successful migration of all telecommunications firms in Nigeria to its upgraded National Identification Number verification platform, known as NINAuth. The identity regulator said in a note on Wednesday that the development would enhance data protection, improve service delivery, and strengthen digital trust across the country’s identity ecosystem....

Expert Urges Legal Reforms to Tackle Nigeria’s Energy Crisis

31.07.2025

Nigerian legislators and other stakeholders have been urged to seize the window of the planned review of the 1999 Constitution to bring about reforms that would mitigate the current energy crisis in the country. Energy expert and founder of PUTTRU, Africa’s frontline energy investment facilitating platform, Monica Maduekwe, said Nigeria’s current constitution needs to be...

Girls Tech Skills Boosted: 100+ Empowered by Foundation

31.07.2025

The Thrive Above and Beyond Foundation has empowered young girls aged 15-20 with tech skills required for the future of work and innovation. According to a statement made available to The PUNCH on Wednesday, the seven-day training program, tagged ‘Thrive Girls in STEM,’ culminated in a showcase. Thrive Above and Beyond Foundation is an organisation...

Marine Debris Clogs Nigeria’s Coastline, Threatens Economy

31.07.2025

Marine debris is choking Nigeria’s coastline, threatening biodiversity, livelihoods, navigation, and port efficiency. Stakeholders warn that without urgent enforcement, innovation, and policy reform, the country’s blue economy faces rising risks to health, trade, and environmental sustainability, ANOZIE EGOLE reports Nigeria, with more than 800 km of Atlantic coastline and major ports in Lagos, Port Harcourt,...