Business – Page 89 – Rise Africa

Jetour T2 Hybrid SUV Launches in Nigeria

25.03.2026

A new plug-in hybrid sports utility vehicle has entered Nigeria’s auto market, promising a mix of rugged performance and fuel-saving efficiency amid rising interest in cleaner mobility solutions. The Jetour T2 Plug-in Hybrid Electric Vehicle combines off-road strength with electric technology, positioning itself as an option for motorists seeking durability without sacrificing comfort. Measuring 4,785mm...

DataPro Hosts Financial Reporting Training for Media

25.03.2026

DataPro, a Nigerian technology-driven credit rating agency, has announced March 26, 2026, as the date for its annual virtual training programme for media practitioners, aimed at strengthening financial reporting and understanding of the credit rating industry. The announcement was contained in a press statement issued on Tuesday and signed by the firm’s Senior Financial Analyst,...

Employers Welcome PenCom Board, Urge Robust Management

25.03.2026

The Nigeria Employers’ Consultative Association has commended the Federal Government for the inauguration of the Governing Board of the National Pension Commission, describing the development as a critical step toward strengthening governance, transparency, and accountability in Nigeria’s pension industry. The Director-General of NECA, Mr Adewale-Smatt Oyerinde, in a statement issued in Geneva, Switzerland, on Tuesday,...

CPPE urges Nigerian govt to reject sugary drinks tax

25.03.2026

The Centre for the Promotion of Private Enterprise has urged the Federal Government to reject calls for additional taxation on sugar-sweetened beverages, warning that such a move would worsen pressure on businesses and threaten jobs. In a statement on Tuesday, the Director of CPPE, Dr Muda Yusuf, also called on the National Assembly to discontinue...

Experts Flag Potential Interest Rate Hikes in Nigeria

25.03.2026

Economic analysts and policy experts are raising the alarm over a potential return to aggressive monetary tightening, suggesting that the recent marginal reprieve in interest rates may be short-lived. Following the inaugural Investors Roundtable 1.0 hosted by VNL Capital Asset Management in Lagos on Tuesday, stakeholders cautioned that escalating global geopolitical tensions are creating a...

NGX Marks Women’s Day with N260tn Market Ambition

25.03.2026

The Nigerian Exchange Limited was “painted purple” on Tuesday to commemorate International Women’s Day 2026. The event, headlined by a symbolic Closing Gong ceremony, centred on a bold strategic ambition: doubling the current market capitalisation from N130tn to N260tn by aggressively scaling female participation in the capital market. The ceremony, held under the global International...

Unilever Nigeria Profits Surge to a Landmark N32bn in 2025

25.03.2026

Unilever Nigeria reported a landmark financial performance for the year ended 31 December 2025. In a comprehensive audited report submitted to the Nigerian Exchange Group on Monday, the consumer goods giant revealed a turnover of N214bn, representing a 43 per cent rise from the N150 billion recorded in the previous year. This revenue growth was...

NGX lifts suspension on Zichis Agro-Allied shares

25.03.2026

NGX Regulation Limited has officially lifted the suspension on trading the shares of Zichis Agro-Allied Industries Plc, following a month-long investigation into the company’s market activities. The decision, communicated via a market bulletin on Monday, marks the return of the agro-allied firm to the daily official list of the Nigerian Exchange. The suspension, which was...

Maltina Marks Ramadan with Community Engagement Initiatives

25.03.2026

Maltina has marked the Ramadan season with a series of community-focused initiatives as part of activities to commemorate its 50th anniversary, deploying activations aimed at strengthening engagement and reinforcing its brand presence. Ramadan, observed by Muslims worldwide, is characterised by fasting, prayer, reflection, and acts of charity. The period also provides an opportunity for families...

Partnership to bolster integrity in Nigeria’s capital market

25.03.2026

The American Institute of CPAs and the Nigerian Capital Market Institute officially announced a strategic collaboration on Monday in Lagos to provide Nigerian Capital Market Operators with access to premier Internal Control and Enterprise Risk Management Certificate programmes. This initiative, driven by the educational arm of the Nigerian Securities and Exchange Commission, leverages the globally...