Business – Page 579 – Rise Africa

Nigerian-American chamber unveils economic agenda – Punch Newspapers

26.02.2025

The Nigerian-American Chamber of Commerce has announced April 12, 2025, as the date for the Presidential Inauguration Dinner & Awards Night at Lagos Continental Hotel, Victoria Island, in honour of Alhaji Sheriff Balogun. It announced this in a statement, adding that the chamber would unveil its bold economic agenda at the event. Chairman of the...

FGN bond auction records N1.63tn subscriptions – Punch Newspapers

26.02.2025

The Federal Government’s bond auction for February recorded a surge in investor demand, with total subscriptions rising to N1.63tn, a significant increase from the N670.94bn recorded in January. The sharp rise in demand led to higher allotments, even as yields fell, reflecting stronger investor confidence in Nigeria’s debt market. This is according to the auction...

Economic crisis reshaping employment trends – Experts – Punch Newspapers

26.02.2025

Human resource experts have said that Nigeria’s economic crisis is forcing a major shift in employment trends, with traditional nine-to-five jobs becoming increasingly unstable. Rising inflation, job cuts, and the high cost of living have pushed many Nigerians to explore alternative work models, leading to a surge in remote jobs, gig economy roles, and side...

Stakeholders advocate tech adoption to tackle unemployment – Punch Newspapers

26.02.2025

Experts have said that Nigeria is embracing technology to drive economic growth and job creation amid challenges. With over 200 million people and a 56.1% unemployment rate in 2020, digital transformation is key to recovery. The Information and Communications Technology sector has emerged as a powerful engine of growth, contributing 9.88 per cent to Nigeria’s...

Robust social dialogue can address labour challenges – ILO – Punch Newspapers

26.02.2025

The International Labour Organisation has emphasised the need for robust social dialogue to address pressing labour market challenges and ensure sustainable industrial relations in an evolving global economy. This call was made at the inaugural International Conference on Industrial Relations, held recently in The Hague, Netherlands. The event was co-organised by the International Organisation of...

Aviation regulator decries inadequate training – Punch Newspapers

26.02.2025

The Director-General of the Nigerian Civil Aviation Authority, Capt. Chris Najomo, says the Nigerian aviation industry is currently faced with a lack of standard and quality compliance in different training organisations, raising fears about the quality of professionals. The NCAA boss raised the alarm on Monday in Lagos at the opening of a three-day workshop...

ICAN President tasks govt on balanced budget – Punch Newspapers

26.02.2025

The President of the Institute of Chartered Accountants of Nigeria, Mr. Davidson Alaribe, has called on the Federal Government to maintain a balanced budget. According to a statement released on Monday, Alaribe made this call at the 11th Anniversary of ICAN’s Ojo, Badagry, and Agbara District Society Award and Dinner Night, which was held in...

Explore simplified export processes, NPA urges investors – Punch Newspapers

26.02.2025

The Managing Director of Nigerian Ports Authority, Dr Abubakar Dantsoho has urged the trading and investing public to explore the tailor-made simplified export processes and other opportunities now available at the NPA. Dantsoho stated this while speaking at the ongoing Kaduna International Trade Fair, themed, ‘Promoting efficiency in manufacturing, agriculture, and trade through digital transformation’....

Airlines, ground handling companies clash over fees – Punch Newspapers

26.02.2025

Ground handling companies and indigenous airlines in Nigeria are clashing over the introduction of a safety threshold ground handling charge despite the intervention of the Nigeria Civil Aviation Authority. The acting Director-General of NCAA, Capt Chris Najomo held a meeting with both parties on Friday about the matter, but his intervention did not resolve the...

Customs cancel import declarations, demand fresh recapturing – Punch Newspapers

26.02.2025

Following the earlier announcement of the suspension of the four per cent Free-on-Board charge on imports, the Nigeria Customs Service has said that all import declarations made during the initial implementation period have been cancelled. The National National Public Relations Officer of the service, Abdullahi Maiwada, disclosed this in a statement on Monday. Maiwada explained...