Business – Page 918 – Rise Africa

Positive GDP may cause stronger economic growth – Analysts – Punch Newspapers

26.02.2025

Analysts have said that the 3.84 per cent growth in Nigeria’s Gross Domestic Product in the fourth quarter of 2024 has raised the prospects of even stronger growth in 2025. This was stated following the release of the report by the National Bureau of Statistics on Tuesday, which put the 2024 annual GDP growth rate...

Rotary marks 120 years, advocates selfless giving – Punch Newspapers

26.02.2025

The Rotary Foundation has announced that it has marked its 120th anniversary with a renewed call for selfless giving, urging Nigerians to make a lasting impact through philanthropy. Speaking at the Rotary Foundation Dinner & Dance, themed “Rotary Foundation: The Heart of Giving,” organised by District 9112, recently in Lagos, the former Lagos Commissioner and...

14 million Nigerians on drugs, says NDLEA – Punch Newspapers

26.02.2025

Strategic Commander, National Drug Enforcement Agency, Murtala Muhammed International Airport, Lagos Command, Usman Wadar, says no fewer than 14m Nigerians out of the estimated 223m have either tasted or are hooked on drugs. The NDLEA boss made this assertion while playing host to the Skyway Aviation Handling Company Plc on Tuesday at the Lagos Airport,...

NCAT appoints Adamu as new rector – Punch Newspapers

26.02.2025

The Nigerian College of Aviation Technology has appointed Ismaila Adamu as its new rector and chief executive. In a statement signed by Director of Information for NCAT, Jude Amadi, “The Ag Rector, Mr. Joseph Imalighwe, and the entire staff of NCAT receive with gratitude Mr. President’s appointment of Dr. Ismaila Danjuma Adamu, PhD, as the...

Penalised airlines seek dialogue with NCAA – Punch Newspapers

26.02.2025

Several airlines sanctioned by the Nigeria Civil Aviation Authority have reached out to the regulatory body, seeking a meeting to present evidence that they have resolved the issues for which they were penalised. The Director for Consumer Protection and Public Affairs at the NCAA, Michael Achimugu, confirmed the development to our correspondent, stating that the...

Keyamo admits funds paucity in tackling aviation challenges – Punch Newspapers

26.02.2025

The Minister of Aviation and Aerospace Development, Festus Keyamo, has admitted that there is a paucity of funds to adequately take care of all infrastructure needs in the Nigerian aviation industry. The legal luminary said this while fielding questions from reporters after receiving an award from the New Telegraph newspapers as the Minister of the...

NAICOM tackles illegal third-party insurance operators – Punch Newspapers

26.02.2025

The National Insurance Commission looks to take action against illegal third-party motor insurance policy operators. This was disclosed in a public notice made available to The PUNCH on Tuesday. On February 1, the police commenced nationwide enforcement of third-party motor insurance to boost safety on the roads. According to the statement, NAICOM said it had...

Support economic growth, ICAN charges members – Punch Newspapers

26.02.2025

The 60th president of the Institute of Chartered Accountants of Nigeria, Davidson Alaribe, has urged accountants, especially female professionals, to play an active role in Nigeria’s economic, social, and political development. In a statement made available to our correspondent on Monday, Alaribe stressed the need for accounting professionals to step up as ethical leaders amid...

International Breweries showcases winners of Kickstart Initiative – Punch Newspapers

26.02.2025

International Breweries Plc, through its corporate social responsibility arm, International Breweries Foundation, has announced that it has presented past winners of its renowned Kickstart Initiative to the deputy governors and community leaders of Ogun and Rivers states. According to a statement, the initiative is aimed at fostering entrepreneurship among Nigerian youths and providing a platform...

Government policies, FX stifle new listings on NGX – Punch Newspapers

26.02.2025

Companies looking to list on the Nigerian Exchange are grappling with stringent government policies, high compliance costs, and foreign exchange volatility. Experts warn that without strategic policy reforms and tax incentives, market activity could remain sluggish, impacting investor confidence and economic growth, writes Temitope Aina Companies are approaching new listings on the Nigerian Exchange with...