Category : Search result: economic expansion


Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Samsung to invest $310 billion in AI expansion

Samsung unveils a massive $310 billion investment plan focused on AI technology, including new semiconductor plants and data centers. Discover how this shapes global tech competition.

Burger King Plans to Double Stores in China

Burger King forms a $350M joint venture to double its restaurants in China within five years, challenging McDonald's and KFC. Read more about this major expansion.

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.

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

Falana Slams US Military Expansion in Nigeria

Prominent human rights lawyer Femi Falana condemns US plans to increase military presence across Africa, warning of sovereignty threats and hidden resource control motives.

Neimeth Pharmaceuticals Profit Soars 120%

Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.

Nigeria-Germany Alliance for $1 Trillion Economy

Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.

Osinbajo: Stop Celebrating Worthless GDP Figures

Former Nigerian Vice President Yemi Osinbajo delivers powerful critique of Africa's GDP obsession, urging governments to focus on real economic development instead of meaningless statistics.

Nigeria's Economic Crisis: Experts Sound Alarm

Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.

Kaduna Governor Unveils Development Plan at Dubai Summit

Kaduna State Governor Uba Sani presents ambitious development roadmap at World Economic Forum in Dubai, showcasing investment opportunities and infrastructure projects that position Kaduna as Nigeria's next economic powerhouse.

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