Business – Page 76 – Rise Africa

Lagos to recover unpaid taxes through banks & employers

26.01.2026

The Lagos State Internal Revenue Service has announced that it will enforce its statutory powers to recover unpaid taxes from defaulting taxpayers through third parties, including banks, employers, debtors, tenants and business partners. This is contained in a public notice dated January 21, 2026, and sighted by our correspondent on the LIRS website on Sunday....

FG Links Incentives to Healthcare, Education Reforms

26.01.2026

The Federal Government has said the World Bank–assisted Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) programme is designed to drive lasting reforms in budgeting and expenditure management across the country’s primary healthcare and basic education sectors. The National Coordinator of the HOPE-GOV Programme, Assad Hassan, said the initiative focuses on institutional reforms rather than...

Peak Milk Drives Festive Sales With Consumer Campaign

26.01.2026

Peak Milk has concluded its 2025 Christmas campaign, tagged “Enjoy Christmas At Its Peak,” as part of its strategy to strengthen consumer engagement and reinforce its positioning in Nigeria’s competitive dairy market during the peak festive period. The campaign, according to the company in a statement, focused on driving daily consumption by encouraging Nigerian households...

Delayed budgets in Nigeria hurt planning & investor confiden

26.01.2026

A member of the Monetary Policy Committee of the Central Bank of Nigeria, Aloysius Uche Ordu, has warned that persistent delays in fiscal reporting, particularly by state governments, are obscuring policy assessment, undermining transparency, and discouraging investment across the country. Ordu raised the concern in his personal statement released after the Monetary Policy Committee meeting...

Nigeria Must Boost Local Production & Cut Imports, Says Mini

26.01.2026

The Minister of State for Industry, Senator John Owan, has said that Nigeria must urgently reduce its dependence on imports and deliberately channel its large population into productive industrial activity, warning that demography alone does not guarantee economic growth. Speaking at the Redeemed Christian Church of God Lagos Province 35 Economic Summit on Saturday, Owan...

Business

Fintech Remita eases access to JAMB services

25.01.2026

Remita, one of Nigeria’s leading fintech companies, said it is easing the process for students seeking admission into tertiary institutions as registration opens for the 2026 Unified Tertiary Matriculation Examination and Direct Entry programmes. The platform allows candidates and their families to navigate the digital registration system with greater efficiency, securing ePINs in a structured...

Nigerian shippers reject new port fees, warn of soaring cost

25.01.2026

The National Shippers Association of Nigeria has rejected the recent increase in port service charges approved by the Nigerian Shippers’ Council, warning that the move could raise trade costs and undermine the Federal Government’s Ease-of-Doing-Business agenda. In a position paper submitted to the NSC, the association said the approval process was flawed, alleging that shippers...

FG & Edo Govt Plan Mid-Year Relaunch

25.01.2026

The Federal Government and the Edo State Government have agreed on a mid-year timeline to activate commercial operations at the Benin Airport, alongside plans to establish an indigenous airline for the state. This was agreed at a meeting on Wednesday between the Minister of Aviation and Aerospace Development, Festus Keyamo, and the Governor of Edo...

FG Finalizes Enugu Airport Concession with Aero Alliance

25.01.2026

The Federal Government has signed the concession agreement for the Akanu Ibiam International Airport, Enugu, marking a key step in its plan to modernise aviation infrastructure through public-private partnerships. The agreement was announced through a statement signed on Friday by the Ministry of Aviation and Aerospace Development, Festus Keyamo. The statement noted that officials from...

Shipowners to Get Vessel Loans in Nigeria at 6.5% Interest

25.01.2026

The Federal Government on Thursday inaugurated the Cabotage Vessels Financing Fund application portal to enable shipowners to access the fund. This is even as the government added that beneficiaries will access the loan at an interest rate of 6.5 per cent with an eight-year repayment plan. Speaking during the commissioning in Lagos, the Minister of...