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.
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.
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
The Federal Government launches comprehensive strategy to boost local milk production, reduce import dependency and create agricultural jobs across Nigeria.
Cocoa farmers in Ondo State are raising alarm over a new forest policy they say could destroy their plantations and livelihoods. They're urgently appealing to Governor Aiyedatiwa for intervention.
Discover practical Naija-style strategies to handle on-set conflicts, maintain professional relationships, and deliver blockbuster movies without losing your sanity.
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.
Rivers State Government urges Nigerian filmmakers to showcase the nation's rich cultural diversity through cinema, promoting tourism and preserving traditions for future generations.
Denmark inaugurates revolutionary carbon capture and hydrogen production facility, marking significant milestone in Europe's clean energy transition and climate action efforts.
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
Massive €10.2 million investment aims to boost local drug manufacturing, reduce import dependency, and create thousands of jobs in Nigeria's healthcare sector.
Breaking: European Union and France launch massive €10.2 million investment to transform Nigeria's local drug manufacturing capacity and healthcare security.
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
Veteran Nollywood actress Peju Ogunmola makes courageous return to film production months after devastating loss of her son, celebrated by colleague Wumi Toriola in touching tribute that highlights resilience in Nigerian entertainment industry.
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
Nigeria continues to process 90% of its cassava production domestically, creating economic opportunities and reducing import dependency in the agricultural sector.
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.
Nigeria takes historic step toward economic transformation as lawmakers mandate minimum 30% local value addition before raw material exports, aiming to boost industrialization and create jobs.
The President of BAVCCA celebrates Dangote Industries as Nigeria's invaluable economic asset, highlighting job creation and industrial growth across multiple sectors.
The Non-Academic Staff Union of Universities reveals the harsh realities forcing frequent industrial actions in Nigeria's tertiary education sector. Discover the underlying issues affecting university operations.
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Lagos-based entertainment powerhouse Akwaamaka Music launches revolutionary recording facility, offering cutting-edge technology and training programs to elevate Nigeria's music industry standards.
Aliko Dangote announces groundbreaking $1 billion investment in Zimbabwe, featuring industrial complex and refinery expansion to transform Southern Africa's economic landscape.
Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.
Groundbreaking analysis shows Nigerian producers must embrace mass production to compete internationally. Discover the strategic roadmap for economic transformation.
European Union partners with Federal Government to launch transformative investment forum targeting Nigeria's manufacturing sector, renewable energy, and emerging technologies.
Governor Peter Mbah calls for strategic safeguards to protect Nigerian manufacturers from unfair competition in international trade agreements, emphasizing job creation and economic growth.