Business – Page 620 – Rise Africa

Nigerian Engineers Urged to Adapt

09.06.2025

The president of the Council for the Regulation of Engineering in Nigeria, Professor Sadiq Abubakar, has urged engineers to embrace data and digital transformation to remain relevant. Abubakar made this remark at the completion ceremony of the Specialised Professional Development Training for Young Engineers (Cohort 2) and Senior Engineers (Cohort 1), organised by the Department...

Plastic Pollution Harming Nigeria’s Tourism

09.06.2025

The Association of Professional Women Engineers of Nigeria has expressed concerns that plastic pollution is posing a serious threat to the tourism industry by damaging natural attractions and deterring visitors. They made this observation at the association’s public lecture in commemoration of World Environment Day, themed ‘Ending Plastic Pollution Using the Waste Museum Model: Action...

Lagos Apartments: Paramount Twin Towers Unveiled

09.06.2025

Palton Morgan has launched Paramount Twin Towers, a new luxury residential development in Lagos. In a statement, the company noted that growing sophistication and changing tastes among real estate product consumers meant that developers have to rethink and reimagine their offerings. It stated, “At the forefront of this paradigm shift is Palton Morgan, which prides...

$100M Cleaning Project Secured: Klinserv’s Eco-Friendly Tech

09.06.2025

Klinserv has secured $100m in development financing to support its municipal cleaning project. Speaking on the business operations, Chief Executive Officer Dr Tunde Ayeye stated that the municipal project was carried out in partnership with Hako, a world-leading German manufacturer of municipal, residential, and industrial cleaning machines and robots. The company unveiled a series of...

Free Housing for Nigerians: FG’s Renewed Hope Plan

09.06.2025

The Federal Government is set to partner with the Ministry of Humanitarian Affairs to deliver free housing for internally displaced persons and other vulnerable groups across Nigeria as part of the Renewed Hope Social Housing Programme. An official in the Ministry of Housing and Urban Development, who spoke on the condition of anonymity, disclosed that...

Homebase secures N3.5bn for Affordable Housing

09.06.2025

Homebase Mortgage Bank has secured an initial N3.5 bn in funding from the Ministry of Finance Incorporated through the Real Estate Investment Fund On-Lending Facility. Confirming this development to The Punch, the Managing Director, Homebase Mortgage Bank, Arinze Adigwe, said the recognition underscored the government’s confidence in the bank’s competence and commitment to housing access,...

Abuja Infrastructure: Julius Berger’s Transformative Project

09.06.2025

Julius Berger is playing a pivotal role in reshaping Abuja’s landscape through its strategic execution of key infrastructure projects. In a statement, the Regional Manager, Julius Berger Nigeria Plc, Oliver Berger, said as the capital city grows rapidly, the strategic infrastructure projects spearheaded by Julius Berger have contributed significantly to urban development and are improving...

SEC Warns Against Punisher Coin Investment

09.06.2025

The Securities and Exchange Commission has issued a warning to Nigerians against participating in the ongoing presale of a cryptocurrency known as Punisher Coin, or $PUN, citing lack of regulatory approval and potential investor risk. A public notice released by the Commission on Sunday stated that neither the coin nor its promoters are registered to...

Short-Let Rentals Boom in Nigeria: Housing Crisis Drives De

09.06.2025

Short-let rentals, particularly through platforms like Airbnb, are rapidly transforming Nigeria’s property market, particularly in major urban areas such as Lagos, JOSEPHINE OGUNDEJI writes As Nigeria grapples with its escalating housing crisis, the short-let market has emerged as a significant alternative to traditional long-term rentals. With housing shortages becoming more pronounced in major cities, particularly...

Fight Against Ponzi Schemes: Sycamore MD’s Insights

09.06.2025

The new Managing Director of Sycamore Investment and Asset Management Limited, Gbenga Magbagbeola, explains how his firm is tackling long-standing gaps in the investment landscape, why financial literacy remains critical, and what the industry must do to win back public trust, in this interview with OLUWAKEMI ABIMBOLA As a capital market expert now leading Sycamore’s...