Anambra Factory Fire Destroys Millions in Goods
Massive fire destroys tissue papers and baby clothing worth millions at Nnewi factory. No casualties reported as firefighters battle early morning blaze. Read full details.
Category : Search result: Nigerian industrial growth
IMF Urges Germany to Enact Pro-Growth Reforms
The IMF calls for Germany to implement pro-growth structural reforms alongside increased public spending to ensure sustained economic recovery. Learn more about the challenges facing Europe's top economy.
25% of Lagos diseases caused by pollution - LASEPA
LASEPA reveals 25% of hospital diseases in Lagos stem from environmental pollution. 74 industries sanctioned. Report polluters for a healthier Lagos.
BOI Unveils Business Clinic to Save Nigerian MSMEs
Bank of Industry launches structured Business Clinic model to address MSME survival crisis. Only 20% of Nigerian businesses survive past 5 years. New program targets 24,000 enterprises by 2027.
Oborevwori hails Navy's role in national stability
Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.
Nigeria International Trade Fair 2025 Opens in Lagos
The 2025 Nigeria International Trade Fair launched in Lagos with calls for industrial growth and policy consistency. Key officials emphasized investment opportunities and economic revival.
Teen Dies After Workplace Air Hose Prank Goes Wrong
15-year-old Muhammed Kendirci died after colleagues forced high-pressure air hose into his rectum during workplace prank in Turkey. Investigation ongoing.
5 Nigerian Marketing Agencies Worth Your Investment
Discover why The Ad Guys, Intense Digital, X3M Ideas, Socialander, and Anakle are essential partners for Nigerian businesses seeking growth, ROI, and market dominance in today's competitive landscape.
Ogun State Advances Sustainable Waste Management
Ogun State government reaffirms commitment to building cleaner, safer industrial ecosystem through stakeholder workshop on waste management standards and solutions.
ASUU rejects FG salary increase as inadequate
Nigerian university lecturers reject government's proposed salary increment, describing it as insufficient to address 15-year-old challenges. Union warns of impending strike action.
Universal Insurance Records 388% Profit Surge
Universal Insurance Plc reports N1.13bn post-tax profit for nine months ending September 2025, marking 388% growth. Driven by investment gains and premium growth. Read full analysis.
Reliability: Nigeria's New Oil - NoteOpX Revolution
Discover how Nigerian startup NoteOpX is transforming industrial reliability with African-built asset management systems, saving millions and preventing failures across oil, gas and power sectors.
DJ Cuppy Reflects on Life Changes at 33
Nigerian DJ Cuppy opens up about her personal transformation, choosing meaningful experiences over lavish celebrations as she celebrates her 33rd birthday. Discover her journey of self-discovery.
New LAUTECH Council Chairman Reveals Development Vision
Professor Oyelaran-Oyeyinka outlines plan to transform LAUTECH Teaching Hospital into a hub for healthcare excellence and rural industrial growth, inspired by China's poverty reduction model.
Rabiu Outgrows Dangote as Africa's Top Wealth Gainer
Nigerian billionaire Abdulsamad Rabiu has added $5.25 billion to his fortune in 2025, surpassing Aliko Dangote's wealth growth. Discover how BUA Group's performance fueled this remarkable rise.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
China Retail Sales Growth Slowest in Over a Year
China's retail sales grew at just 2.9% in October 2025, the slowest pace in over a year, highlighting persistent consumer challenges. Discover the economic implications.
Alstom's Profits Surge on Global Rail Demand
French rail giant Alstom posts a net income of €220 million in H1 2025-2026, driven by strong global demand for trains and infrastructure. Revenue growth forecast upgraded.
Amazon Expert Casts Doubt on Humanoid Robots
Amazon's chief roboticist challenges the practicality of humanoid robots for labour, highlighting the company's focus on functional automation. Discover the future of robotics.
Dangote, German Firm Build 4 New Fertiliser Plants
Dangote Fertiliser Limited partners with Germany's thyssenkrupp to construct four new urea plants in Lagos, boosting Nigeria's fertiliser output to over 8 million tons annually and strengthening export earnings.
Presco Plans ₦23.7 Billion Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.
NMA Supports Striking Doctors: Healthcare Crisis Deepens
The Nigerian Medical Association solidly supports resident doctors as their industrial action enters day six, paralyzing healthcare services nationwide while urgent negotiations continue.
Ex-NUC Boss: Innovation Key to Nigeria's Growth
Ex-NUC Secretary Prof. Peter Okebukola unveils groundbreaking strategies for national development, emphasizing education innovation, technology integration, and curriculum reform as catalysts for Nigeria's growth.
Presco Launches ₦250B Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc unveils ambitious ₦250 billion rights issue to finance expansion projects and strengthen market position in the competitive palm oil sector.
Presco Plc Launches ₦250BN Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
Imo State Revives Aluminium Company with ₦500M
Imo State Government injects ₦500 million to resuscitate the moribund Inyishi Aluminium Company, creating jobs and boosting local manufacturing in Southeast Nigeria.
Seven Trapped in South Korea Power Plant Collapse
Breaking news from South Korea where seven construction workers remain trapped after a catastrophic collapse at a power plant site. Emergency crews race against time in dramatic rescue effort.
70% of Nigerian Workers Lack Problem-Solving Skills
A shocking new report reveals Nigeria's workforce crisis as 7 in 10 employees lack problem-solving skills training, threatening economic growth and innovation.
Ferry Transport to Boost Nigerian Economy - Minister
Nigeria's Minister of Transportation unveils ambitious ferry transportation initiative to boost economic growth, create jobs, and transform waterway connectivity across the nation.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
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