Business – Page 522 – Rise Africa

Nollywood actress, Akindele, empowers female creatives

25.03.2025

Nollywood actress Funke Akindele has trained female creatives on how to be successful in the country’s entertainment industry. Speaking at the training with the theme ‘The Creative Blueprint’ in Lagos on Friday, Akindele noted that it was her little way of encouraging young creatives on the way to becoming successful. “As a creative person aspiring...

Julius Berger to complete P’Harcourt road in May

25.03.2025

Julius Berger Nigeria Plc has disclosed that the Port Harcourt Road, Aba, will be completed before May 29, 2025. In a statement, it was noted that with the award of the contract for the reconstruction of the famous Port Harcourt Road, Aba, to Julius Berger Nigeria Plc, the lost hope that followed the sad deterioration...

FG seeks $6.25bn annual investment to bridge housing deficit

25.03.2025

The Federal Government has revealed that Nigeria requires an annual investment of $6.25bn to address the country’s housing deficit, estimated at over 28 million units. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this recently at the Renewed Hope Housing Public-Private Partnership Summit held in Abuja. Dangiwa emphasised that despite numerous housing policies...

Lack of incentives for local production worsens housing crisis – Report

25.03.2025

The absence of regulatory incentives for local production of building materials continues to exacerbate the housing crisis, a report by BuyLetLive has stated. It added that Nigeria remains heavily reliant on imported construction materials, leaving the industry vulnerable to exchange rate volatility and global inflationary pressures and that localising the production of materials such as...

ASIS summit to focus on sustainable development

25.03.2025

The Africa Social Impact Summit will focus on sustainable development and policy innovation as it returns for its fourth edition on July 10-11, organisers said in a statement on Sunday. Co-convened by the Sterling One Foundation and the United Nations Nigeria, the summit aims to drive practical solutions to Africa’s most pressing challenges, the organisers...

Banking industry will flourish with recapitalisation – ASSBIFI president, Oluwole

24.03.2025

In this interview with HENRY FALAIYE, the National President of the Association of Senior Staff of Banks, Insurance, and Financial Institutions, Olusoji Oluwole discusses the challenges facing the banking sector, labour relations, and the impact of economic policies What is your assessment of the Nigerian banking sector in terms of labour relations and employment conditions?...

Support Africa’s $450bn growth target, Elumelu urges investors

24.03.2025

Nigerian billionaire businessman, Tony Elumelu, has called on global investors to support Africa’s economic transformation, citing the continent’s projected $450bn Gross Domestic Product boost from the African Continental Free Trade Area by 2035. Elumelu, who also serves as Chairman of Heirs Holdings and United Bank for Africa, said Africa’s potential is often overlooked despite its...

CNG loan programme begins Q2 2025 – FG

24.03.2025

The Federal Government, through the Presidential Compressed Natural Gas Initiative, has clarified that the much-anticipated CNG loan programme for private drivers is not yet operational. It said the framework is still being finalised in collaboration with Credit Corp and other financial institutions. The Programme Director, PCNGI, Michael Oluwagbemi, disclosed this to our correspondent in Abuja....

NCF, partners host UNFCCC delegation in Nigeria

24.03.2025

The Nigerian Conservation Foundation and other partners hosted the Executive Secretary of the United Nations Framework Convention on Climate Change, Simon Stiell, and his delegation on a four-day (March 4-7, 2025) visit to Nigeria. A statement from the NCF stated that the UNFCCC has been pivotal in supporting climate policy development, capacity building, and other...

Coca-Cola Foundation provides water to Borno communities

24.03.2025

Coca-Cola Foundation has improved access to clean water for over 16,000 people in Borno State through its Strengthening Water, Sanitation, and Hygiene Service Delivery initiative. The Foundation noted in a statement that it implemented the S-WASH initiative in partnership with the Global Environment & Technology Foundation and WaterAid to rehabilitate boreholes, set up handwashing stations,...