Business – Page 507 – Rise Africa

CreditDirect unveils digital ‘Buy Now Pay Later’ solution, others

31.03.2025

Finance company Credit Direct has launched a fully digital, end-to-end Buy Now Pay Later solution and other products, marking the company’s strategic evolution beyond lending into retail investments and payments serving both individuals and businesses. The suite of digital products was launched at an exclusive Product Demo Day in Lagos on Saturday. Credit Direct is...

Nigeria still far from achieving food security – Don

31.03.2025

The Vice Chancellor of the University of Uyo in Akwa Ibom State, Prof Nyaudo Ndaeyo, says Nigeria is still far from achieving food security. Ndaeyo, a professor of farming systems agronomy in the Department of Crop Science, Faculty of Agriculture, disclosed this while presenting the 111th inaugural lecture of the university on Saturday titled “Farming...

Embrace voluntary contributions, Leadway Pensure urges Nigerians

31.03.2025

Pension Fund Administrator Leadway Pensure has called on Nigerians to embrace Additional Voluntary Contributions to boost their retirement savings and take charge of their financial future. The company made this appeal during an interactive webinar themed ‘Beyond the Paycheck: Winning Strategies to Boost Your Retirement Savings’. The webinar, designed to provide financial education and practical...

Heirs Holdings, GIVO Africa tackle plastic waste

31.03.2025

A pan-African investment company, Heirs Holdings, has announced its strategic partnership with GIVO Africa, a climate technology and recycling company, to tackle plastic waste. In a recent statement, Heirs Holdings said the partnership reinforced the company’s deep commitment to driving initiatives that deliver meaningful impact. This initiative will advance Heirs Holdings’ efforts in promoting a...

Veritas Kapital advocates stiffer anti-corruption measures

31.03.2025

Veritas Kapital Assurance Plc has revealed that the emphasis it placed on anti-corruption and ethical governance in 2024 resulted in zero reported incidents of bribery, corruption, or financial misconduct. This was indicated in the company’s Sustainability Report for the same period filed with the Nigerian Exchange Limited on Friday. NGX encourages sustainability reporting aligned with...

Nigeria’s crude suffers low demand, cargoes await buyers — Report

31.03.2025

Crude oil grades from Nigeria have faced tepid demand in the April trade cycle as ample availability of lower-priced alternatives such as US WTI, Caspian CPC Blend, and other Mediterranean grades enticed European buyers. Argus Media, an independent energy and commodity price benchmarks provider, reported this on Thursday. The report stated that the trade cycle...

Power sector liquidity crisis needs presidential intervention – NDPHC

31.03.2025

The Managing Director of the Niger Delta Power Holding Company Limited, Jennifer Adighije has stated the need for a presidential intervention to address the severe liquidity crisis plaguing the power sector. She said the intervention should begin with the settling of over N4tn owed to power generating companies and facilitating funding for ongoing projects to...

Failure in sustaining family businesses limits Africa’s growth – Aig-Imoukhuede

31.03.2025

The co-founder of Tengen Family Office, Mr Aigboje Aig-Imoukhuede, has warned about Africa’s economic future, stating that the continent’s failure to sustain family businesses across generations is a critical barrier to development. Aig-Imoukhuede said this at the Lagos Business School International Family Business Conference 2025, themed ‘Preparing the Next Generation for Stewardship: Building a Lasting...

Terra Gold wins 2025 ADVAN award

31.03.2025

Terra Gold has received the Brand Innovation of the Year award at the 12th edition of the Advertisers Association of Nigeria African Awards 2025. The recognition, according to a statement on Friday, underscores the brand’s commitment to redefining kitchen essentials and its journey of passion, dedication, and relentless pursuit of quality. It stated that from...

Lagos to attract £410m investment through Omi-Eko Project – LASWA boss

31.03.2025

The General Manager of the Lagos State Waterways Authority, Oluwadamilola Emmanuel, talks about the state’s Omi-Eko Project, among others, in this interview with ANOZIE EGOLE How would you describe 2024 in the Lagos water transport sector? Well, it was a very good year, I must say. Because you know, one of the ways in which...