Business – Page 515 – Rise Africa

London Mayor Leads Trade Mi

19.07.2025

About 27 London-based companies in fintech, enterprise technology, and sustainability have explored investment opportunities in Nigeria during the just-concluded visit of the Mayor of London, Sadiq Khan, to the country. In a statement from the Foreign Commonwealth and Development Office/British Deputy High Commission on Thursday, the trade delegation was supported by the Mayor’s growth agency,...

MPC Faces Crucial Rate Decision as Inflation Declines

19.07.2025

Following two consecutive decelerations in the country’s inflation rate and the relative stability in the foreign exchange market, hopes are high that the Monetary Policy Committee may review rates downward in its next meeting, writes FELIX OLOYEDE Ahead of the 301st meeting of the Monetary Policy Committee, scheduled for 21-22 July in Abuja, the National...

Dangote Halts Fuel Discount Scheme Amid Fraud Allegations

19.07.2025

The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners who have been diverting subsidised refined petroleum products for profit, prompting the suspension of the refinery’s discounted fuel supply scheme. Investigations by the refinery revealed that certain marketers who were granted discounted products, meant to...

Nigerian Startups Need Structure, Not Just Funding

18.07.2025

Business strategist and finance expert, Tunde Ogunje, has called on Nigerian startups and entrepreneurs to prioritise building internal structures over chasing funding. Ogunje made this call during the official launch of his new book recently titled Beyond Access to Capital: Vital Business Knowledge for Entrepreneurs, Business Managers, and Startup Incubators, held in Lagos. Speaking at...

Abuja to Host Nigeria’s First International Air Show in 2025

18.07.2025

The Federal Government has announced plans to host Nigeria’s first-ever International Air Show in Abuja in December 2025. The Permanent Secretary of the Federal Ministry of Aviation, Ibrahim Kana, made the announcement in a statement, highlighting the need for collaboration with the Ministry of Interior to ensure the success of the event. The event is...

Bode George Says PDP Will Outlast

18.07.2025

A member of the Board of Trustees of the Peoples Democratic Party, Chief Bode George, has described former Vice President Atiku Abubakar and others who defected to the African Democratic Congress as exhibiting what he termed “existential imbecility.” He, however, said the PDP, having weathered serious storms in the past, would remain strong and outlast...

Business

NEPAD & ABR Partner to Boost AfCFTA Trade in Africa

18.07.2025

NEPAD Business Group Nigeria has renewed its commitment to regional economic integration by partnering with the African Business Roundtable during a landmark AfCFTA forum to advance intra-African trade and private sector collaboration. In a statement, it was noted that in a powerful signal of its revitalised commitment to African economic integration, the NEPAD Business Group...

Advertising Industry AGM Kicks Off in Ibadan, Nigeria

18.07.2025

The 52nd Annual General Meeting and Congress of the Association of Advertising Agencies of Nigeria has begun in Ibadan, bringing together key stakeholders from across Nigeria’s advertising and marketing ecosystem. The event, themed “Charting Bold Paths Forward,” reflects the industry’s collective commitment to innovation, resilience, and transformative leadership in a fast-changing environment, according to a...

Lagos Airport Hotel Project May Resume After 19-Year Dispute

18.07.2025

The Minister of Aviation and Aerospace Development, Festus Keyamo, may intervene to return a disputed multi-billion naira, yet-to-be-completed four-star airport hotel and International Conference Centre to Bi-Courtney Aviation Service Limited, operators of the Murtala Muhammed Terminal Two, after a 19-year protracted legal battle. A closed-door meeting was held last Thursday between the minister, top officials...

London Mayor Explores Fintech Opportunities in Lagos

18.07.2025

The Mayor of London, Sadiq Khan, has concluded a historic visit to Lagos, aiming to strengthen UK-Nigeria ties through collaboration in fintech, innovation, and the creative industries. This visit marked the first official trip by a sitting Mayor of London to sub-Saharan Africa, underscoring London’s commitment to building long-term, cross-sector partnerships that support inclusive growth,...