Business – Page 681 – Rise Africa

Silverbird rewards World of Records winners

02.01.2025

Silverbird Group has announced the winners of its food-eating competition under Silverbird’s World of Records, an initiative spotlighting individuals’ talent. The company noted in a statement that the contestants of its SWORD Food Battle held recently in Lagos, “displayed exceptional endurance and skill, with the winners emerging as a testament to Nigerian grit and resilience.”...

NUPRC releases upstream petroleum decarbonisation template

02.01.2025

The Nigerian Upstream Petroleum Regulatory Commission has released the Upstream Petroleum Decarbonisation Template which will become a requirement for issuing licences and permits effective January 2025. The move is targeted at ensuring compliance with Nigeria’s broader climate objectives, including its commitment to Net Zero by 2060. This was disclosed in a statement signed by the...

Bank customers withdrew N364bn in November – CBN report

02.01.2025

Nigerians withdrew N364.38bn from banks in November 2024 amid the cash scarcity witnessed in many parts of the country, the latest data from the Money and Credit Statistics of the Central Bank of Nigeria revealed. CBN also stated that currency outside banks surged to N4.65tn from N4.29tn in October, reflecting an 8.5 percent month-on-month increase....

NGO trains 30 Osun women in adire production

02.01.2025

A non-governmental organisation, Akinkanju, has trained 30 widows and single mothers drawn from all parts of Osun State in various vocations. The beneficiaries were trained in adire textile production, household essentials, soap making, and bedspread production. The founder of the NGO, Mrs Bosede Nwachi, while speaking during a graduation ceremony organised for the beneficiaries held...

Govt receives locally assembled CNG buses for airport shuttle

02.01.2025

The Federal Government has taken delivery of the first batch of locally assembled Compressed Natural Gas buses, marking the beginning of their deployment for airport shuttle services across Nigeria. This disclosure was made in a statement on Tuesday. The buses, produced by Lanre Shittu Motors, were received at the Murtala Muhammed Airport, Lagos, by officials...

WTO, bank unveil database in minerals trade

02.01.2025

The Asian Development Bank and the World Trade Organisation Secretariat have jointly launched the Trade in Critical Minerals database to enhance transparency in the trade of critical minerals crucial for the clean energy transition. Unveiled on November 20 at the COP29 climate change conference in Baku, the TiCM database provides policymakers, researchers, and stakeholders with...

UNIDO hosts forum to advance AI adoption

02.01.2025

The United Nations Industrial Development Organisation has announced hosting the inaugural Artificial Intelligence for Industry and Manufacturing Global Forum, spotlighting the transformative potential of artificial intelligence in industry and manufacturing. The event held recently at the Vienna International Centre, brought together global leaders, policymakers, academics, and industry experts to discuss best practices and strategies for...

SON advances standards for African traditional medicine growth

02.01.2025

The Standards Organisation of Nigeria has reaffirmed its dedication to promoting African traditional medicine by developing internationally competitive standards. This was emphasised during the 18th National Technical Mirror Committee meeting on African Traditional Medicine held recently at Lagos State University in Lagos. In his opening address, SON Director-General, Dr. Ifeanyi Okeke, represented by the Director...

Techno Dombai bags humanitarian service award

02.01.2025

Fast-rising engineering company, Techno Dombai Engineering Limited has announced that it has clinched the Humanitarian Service Award at the just concluded Y’s Men’s Club of 2024 President’s Investiture, a service club of and for Young Men’s Christian Association and Award Ceremony Programme. The event recently held in Lagos brought together corporate leaders, dignitaries and representatives...

Firm connects designers and global audiences with tec

02.01.2025

Pashione, an African fashion-tech platform, is using technology to connect designers across the continent with global consumers, its founder, Michael Fasere, said in a statement on Saturday. The platform, which operates in countries such as Nigeria, Kenya, Lesotho, South Africa, and Senegal, has over 960 registered vendors showcasing African designs. “We saw a unique opportunity...