Business – Page 647 – Rise Africa

Presidency evaluates aviation ministry’s activities

22.01.2025

The presidency on Monday held an evaluation meeting with the Minister of Aviation and Aerospace Development, Festus Keyamo, and heads of agencies under the ministry to review the first three quarters of the 2024 performance assessment report on the implementation of Presidential Priorities and Ministerial Deliverables. In a statement posted by the Central Results Delivery...

Schneider Electric gets recognition for green initiative

22.01.2025

Schneider Electric has been recognised by the World Economic Forum for its groundbreaking green initiatives at its Wuxi factory in China. The acknowledgement, disclosed in a statement on Monday, highlights the commitment of the global leader in energy management and automation to sustainability and innovation in reducing environmental impact. The WEF, which co-founded the Global...

Govt won’t withhold foreign airlines’ funds – Finchglow CEO

22.01.2025

The Group Managing Director, Finchglow Holdings Limited, Bankole Bernard, says the floating of the exchange market by the President Bola Tinubu-led administration, among other new policies, can’t hold back ticket proceeds due to foreign airlines. He added that the floating of the exchange market had brought stability and predictability to the economy and indigenous businesses....

Why Nigerians retire into confusion – Expert

22.01.2025

The founder and Chief Executive Officer of Retire And Refire Solutions Limited, Mrs. Patience Ukor, has highlighted the primary reasons many Nigerians retire into confusion, including poor planning and lack of support systems. Ukor stated the challenges of retirement planning in Nigeria recently at the pre-launch of Retire and Re-fire Solutions Limited, a Lagos-based organisation...

Business

ILO expresses concern over slow economic growth

22.01.2025

The International Labour Organisation has revealed that geopolitical tensions, rising costs of climate change, and unresolved debt issues are putting labour markets under pressure. The newly released ILO Report, World Employment and Social Outlook: Trends 2025, indicates that the global economy is slowing down, making it harder for labour markets to recover fully. According to...

KPMG advisory, tool for NDDC’s transformation

22.01.2025

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku has said that KPMG’s Governance Advisory Report serves as a key tool for advancing the commission’s shift from transaction-focused to transformation-driven policies. Speaking at the presentation of KPMG’s advisory report on Tuesday at the NDDC headquarters in Port Harcourt, Ogbuku expressed the...

Nigeria generated N8.6tn from gas in 2024 – Report

22.01.2025

Nigeria generated approximately N8.6tn from natural gas production in 2024, The PUNCH reports. Data from the Nigerian Upstream Petroleum Regulatory Commission indicated that the country produced 2.5 trillion cubic feet of gas last year. The NUPRC data indicated that the country produced 1.44TCF of associated gas. Associated gas is a form of natural gas found...

Sanwo-Olu engages Fellows of Lateef Jakande Academy on leadership

22.01.2025

Lagos State Governor Babajide Sanwo-Olu has hosted an inspiring Fireside Chat with the second cohort of fellows from the Lateef Jakande Leadership Academy on the importance of visionary and solution-driven leadership. The session was held recently at the Lagos House, Ikeja. Addressing the Fellows at the State Executive Council Chamber, where critical decisions shaping Lagos...

AfDB partners with IOM to strengthen Africa’s migration

22.01.2025

The African Development Bank and the International Organisation for Migration have announced their collaboration to strengthen Africa’s migration development. According to a statement, African Development Bank Group Senior Vice President, Marie-Laure Akin-Olugbade, met with the Director-General of the International Organisation for Migration, Amy Pope, to discuss closer collaboration between the two organisations on migration and...

NNPCL raises petrol price to N990 in FCT, N960 in Lagos

22.01.2025

Retail outlets owned by the Nigerian National Petroleum Company Limited have raised the pump price of Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory. They also increased their price in Lagos from N925 to N960 per litre. This is even as the price of crude...