Business – Page 9 – Rise Africa

Air Peace Maintains West Africa Aviation Leadership

22.04.2026

Air Peace Limited has again been named Best West Africa Sub-Regional Airline of the Year at the 2026 Nigerian Aviation Awards, marking its second consecutive win in the category. The recognition, announced at the NIGAV Conference Centre in Ikeja, Lagos, highlights the airline’s continued leadership in regional aviation and its commitment to operational excellence, route...

Bird Strikes Threaten Nigeria’s Aviation Safety Rating

22.04.2026

Frequent bird strike incidents in Nigeria’s aviation sector are increasingly raising alarm, with the rising cases disrupting flight schedules, pushing up airline operating costs, and leaving passengers facing delays and uncertainty, writes OLASUNKANMI AKINLOTAN Flights within Nigeria are becoming less seamless, as bird strike incidents grow more frequent, disrupting routine travel with delays for passengers...

NOVA Commercial Bank Unveils Strategy for Trust & Growth

22.04.2026

NOVA Commercial Bank has unveiled a strategic direction for Nigeria’s banking industry anchored on efficiency, trust, and customer preference, as it transitions into a full-service commercial institution following successful recapitalisation. Speaking at a recent media parley in Lagos, the bank’s Chairman, Phillips Oduoza, alongside the Managing Director/Chief Executive Officer, Jude Anele, outlined a vision focused...

Edun, Dangiwa quit their posts

22.04.2026

President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Dangiwa, from their cabinet positions. President Bola Tinubu. Photo: State House A statement on Tuesday by the Special Adviser, Media...

Nigeria & Saudi Arabia to Review Bilateral Air Services Pact

22.04.2026

Nigeria and Saudi Arabia have opened fresh talks to review their Bilateral Air Services Agreement, as both countries move to strengthen aviation ties and improve arrangements ahead of the 2026 Hajj operations. According to a statement made available to The PUNCH by the ministry on Tuesday, the Minister of Aviation and Aerospace Development, Festus Keyamo,...

FCCPC Toughens Merger Rules & Signs Consumer Protection Pact

22.04.2026

The Federal Competition and Consumer Protection Commission has warned companies, legal advisers, and transaction stakeholders against completing mergers and acquisitions without prior approval, even as it signed a Memorandum of Understanding with the Lagos State Consumer Protection Agency to strengthen consumer protection nationwide. In a statement issued on Tuesday, the competition watchdog said transactions that...

Security Busts Vandals at N712bn Lagos Airport Project

22.04.2026

The Federal Airports Authority of Nigeria has said it arrested 14 suspected vandals at the Murtala Muhammed International Airport Terminal 1, Lagos, describing the operation as a major breakthrough in safeguarding critical aviation infrastructure. This was made known through a statement made available to The PUNCH by the Director, Public Affairs and Consumer Protection, Federal...

Why Helideck Tie-Down Standards Are Crucial for Safety

22.04.2026

A helideck inspector, Okechukwu Onuchukwu, has called for strict adherence to global best practices in the installation and maintenance of helideck tie-down points, warning that lapses in standards could expose aircraft, crew, and nearby residents to serious safety risks. According to a document obtained by our correspondent on Tuesday, Onuchukwu, who is also a helicopter...

Dangote Begins Crude Production, Targets Market Supply

22.04.2026

Dangote Group has achieved first oil from its upstream assets and is aiming to start pumping marketable crude in the coming weeks, according to the Vice President of its oil and gas division, Devakumar Edwin. Speaking to Platts, part of S&P Global Energy, in an interview from the premises of the Dangote Petroleum Refinery, Edwin...

ACCI Targets $500M for Agro Investment Expo in 2026

22.04.2026

The President of the Abuja Chamber of Commerce and Industry, Emeka Obegolu, has announced plans for the Agricultural Mechanisation for Export-Quality Products in Africa Expo 2026, a major agricultural mechanisation and investment platform projected to attract up to $500m in initial commitments. Obegolu, who was represented at a press conference in Abuja by the chamber’s...