Business – Page 626 – Rise Africa

World Bank & Okonjo-Iweala Praise Adesina’s AfDB Leadership

06.06.2025

The World Bank and the Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, have paid glowing tribute to the African Development Bank President, Dr Akinwumi Adesina, as his decade-long tenure at the helm of Africa’s premier development finance institution comes to an end. The tributes were shared in separate statements made available to The...

From Aid to Trade in Nigeria

06.06.2025

The United States Ambassador to Nigeria, Richard Mills Jr, has said that the US will be focusing on private sector-led investment instead of aid in its engagement with Nigeria and sub-Saharan Africa. Mills Jr said this on Thursday at the Fireside Chat held at the Lagos Business School under the theme ‘Toward a Robust US-Nigeria...

NIRSAL Trains Operators for $2.5B Beef Export Initiative

06.06.2025

NIRSAL Plc has begun training livestock value chain actors to benefit from a $2.5bn investment deal, secured by President Bola Tinubu, with multinational meat processing company JBS. According to a statement, NIRSAL Plc partnered with the Federal Ministry of Livestock Development to launch the Feedlot Management Training Programme recently in Abuja to equip local producers...

SanlamAllianz Launches JV in Nigeria, Prioritizes Financial Inclusion

06.06.2025

As SanlamAllianz officially unveiled its new joint venture in Nigeria, it has vowed to foster financial inclusion and strengthen access to insurance in the country. At the unveiling of the joint venture in Lagos on Thursday, the Managing Directors/Chief Executive Officers of the SanlamAllianz Life Insurance and SanlamAllianz General Insurance maintained that the JV would...

Business

Union Bank Sponsors NBCC Entrepreneurship Programme in Nigeria

06.06.2025

Union Bank of Nigeria has reiterated its commitment to entrepreneurship and women’s empowerment through its Alpher initiative by sponsoring the Nigerian British Chamber of Commerce Women and Youth Entrepreneurship Development Centre Cohort 2 Programme. According to a statement on Thursday from the bank, the programme graduated 125 entrepreneurs who have benefited from firsthand entrepreneurship training...

Police Access to NIN Verification Services Uninterrupted

06.06.2025

The National Identity Management Commission has refuted claims that the Police Service Commission was denied access to NIMC’s verification services, describing the report as “misleading” and “inaccurate.” This follows remarks made by the Chairman of the PSC, retired Deputy Inspector-General of Police Hashimu Argungu, during a visit to the Nigeria Data Protection Commission on Wednesday....

FG Advocates ECOWAS, Private Sector Collaboration for Regional Growth

06.06.2025

The Federal Government has highlighted the significance of strategic collaboration between the private sector and West African governments, stressing that this would enhance regional integration. The Minister of Foreign Affairs, Yusuf Tuggar, disclosed this at a high-level private sector roundtable in Lagos on Wednesday, ahead of the upcoming West Africa Economic Summit. The theme of...

HBA, FCMB partner to empower healthcare entrepreneurs

06.06.2025

The Health Business Academy and First City Monument Bank have formalised a partnership to empower healthcare entrepreneurs and scale healthcare businesses across Nigeria. The agreement, signed at a recent Memorandum of Understanding ceremony on Thursday, aims to address gaps in the healthcare sector by providing targeted education, financial literacy, and exclusive financing solutions tailored to...

Prudential Zenith Life equips children with financial skills

06.06.2025

Prudential Zenith Life Insurance Limited has equipped the children of its employees with financial literacy skills to commemorate this year’s Children’s Day. According to a statement on Wednesday, the special event tagged ‘Bring Your Kid to Work Day’ was a blend of financial literacy sessions, fun games, and engaging entertainment, creating a day filled with...

Train-7 gas project now 80% complete – NLNG

06.06.2025

The Nigeria LNG Limited has announced that its $10bn Train-7 gas project, located on Bonny Island in Rivers State, is now 80 per cent completed. The completion rate is an improvement from 67 per cent in 2024, announced in June 2024. The company said the project, which incorporates cutting-edge engineering and complex liquefaction technology, would...