Business – Page 950 – Rise Africa

Women farmers unveil initiative to support rural agriculture

17.02.2025

The Nigerian Women for Agriculture Progressive and Development Initiative has launched the FarmAssure blockchain initiative, a solution aimed at bridging the connectivity gap for rural farmers, particularly women. Speaking at the organisation’s Annual General Meeting, Conference, and Gala Night on Thursday, NWAPDI President, Omolara Svenson, emphasised the need for continuous innovation to drive economic growth....

NECA advocates improved labour policies for economic stability

17.02.2025

The Nigeria Employers Consultative Association has called on the government to improve its labour policies to boost investment and regional trade and engender economic stability. The Director-General of the Nigeria Employers Consultative Association, Adewale Smatt-Oyerinde made the remarks at the organisation’s forum held on Thursday in Abuja. “Employers and employees are partners in progress. We...

Firm seeks greater investment in youth-centred innovations – Punch Newspapers

17.02.2025

The Chairman of PANA Holdings and Group Chief Executive Officer of PE Energy Limited, Daere Akobo, has called for greater investment in youth-centred technological innovations to drive Africa’s economic transformation. According to a statement, Akobo, at the recently held Sub-Saharan Africa International Petroleum Exhibition and Conference 2025 in Lagos, urged industry leaders to prioritise mentorship,...

First direct Shanghai-Lagos cargo ship berths at PTML terminal

17.02.2025

A multipurpose terminal operator, PTML Terminal, has announced the arrival of the first Container roll-on roll-off vessel, MV Great Cotonou, offering direct services from Shanghai to Lagos. In a statement on Saturday, the terminal operator stated that the arrival of the vessel marks a significant advancement in maritime trade between China and Nigeria, reducing transit...

FG seeks fresh $300m health security loan from W’Bank

17.02.2025

The Federal Government has engaged the World Bank for a fresh $300m loan to strengthen Nigeria’s health security infrastructure. Information obtained from the World Bank showed that the loan, which is under consideration, will be implemented by the Nigeria Centre for Disease Control with the Federal Ministry of Finance acting as borrower on behalf of...

CAP Plc unveils product to improve buildings

17.02.2025

Paint manufacturer CAP Plc has unveiled a new product line, Caplux Plaster Primer, designed to tackle dampness in buildings and improve wall preparation for painting. According to a statement by the company, the new primer enhances adhesion between wall surfaces and paint, ensuring a smooth and even finish while protecting against moisture-related damage. It also...

Govt evaluates agricultural research systems nationwide – Punch Newspapers

17.02.2025

The Federal Government has ended a four-decade gap in the evaluation of its agricultural research system, marking a major step toward revitalizing research institutes and colleges of agriculture across the country. The Minister of State for Agriculture and Food Security, Dr. Aliyu Abdullahi disclosed this at the technical session of the report validation exercise of...

MDAs must prioritise capacity building in public service reforms – BPSR DG

17.02.2025

Director-General, Bureau of Public Service Reforms, Dasuki Arabi, explains the importance of capacity building in the revamp of Nigeria’s Civil Service systems in this interview with DANIEL ADAJI To what extent have public service reforms improved the MDAs and benefitted Nigerians? Thank you very much for allowing me to speak to Nigerians through you. The...

Nigeria suffers economic downturn as GDP/capita falls 72% – IMF

16.02.2025

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent. Data obtained from the website of the International Monetary Fund indicated that Nigeria’s GDP per capita declined from $3,022 in 2014 to just $835.49 in 2024,...

Flour Mills opens fourth season of Prize for Innovation

16.02.2025

Agro-allied company Flour Mills of Nigeria PLC has announced the call for entries for the fourth edition of its FMN Prize for Innovation. In a statement on Thursday, the company said the focus for this season will be livestock farming under the theme ‘Innovative Practices in Livestock Farming in Nigeria,’ thus highlighting its commitment to...