Category : Search result: European manufacturing


Premier League Blames Europe for Boxing Day Cuts

English Premier League reveals why fewer Boxing Day matches will be broadcast this season, pointing to expanded European competitions as the culprit behind the festive football reduction.

Nigeria's Printing Industry Battles Survival Crisis

Lagos Chamber of Commerce intervenes as Nigeria's printing sector faces existential threat from rising production costs, forex volatility, and power challenges. Key stakeholders gather for crucial dialogue.

SHEIN Opens First European Physical Store in Paris

Chinese fashion powerhouse SHEIN is making bold moves in Europe with its first-ever physical store opening in Paris. Discover how this e-commerce giant is bridging online and offline retail experiences.

Tinubu Boosts Local Medicine Manufacturing in Nigeria

President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.

Stellantis Shares Fall Despite Sales Growth

Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.

Nissan Projects ₦2.6 Trillion Loss for 2025-26

Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.

Italy Court Blocks Sicily Bridge, PM Meloni Outraged

Italy's administrative court halts controversial Messina Strait Bridge project, triggering furious response from Prime Minister Giorgia Meloni who vows to continue fighting for the infrastructure development.

Eurozone Growth Beats Expectations in Q1 2024

The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.

Virgin Advances Plans for Eurostar Rival Service

Richard Branson's Virgin Group advances plans to challenge Eurostar's monopoly with new high-speed rail services connecting London to European cities. Get the latest on this game-changing development.

ECB Holds Rates Steady Amid Inflation Concerns

European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

Nigeria signs $400m steel production deal

Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

Police bust illegal arms factory in Akwa Ibom

Nigerian Police Force makes groundbreaking discovery of clandestine weapons manufacturing unit in Akwa Ibom State, arresting key suspects and recovering dangerous firearms.

Nigeria Exports Solar Panels to Ghana

Nigeria achieves groundbreaking milestone in renewable energy sector as Minister of Power Adebayo Adelabu announces successful solar panel exports to Ghana, marking new era of regional energy collaboration.

Nigeria Aims for $1 Trillion Economy by 2030

Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.

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