Category : Search result: Nigerian economic diversification


NBL hands over cassava plant to Imo community

Nigerian Breweries commissions 2-ton/day cassava processing facility in Awa Omamma, projected to generate N500 million annual revenue for the community while reaffirming CSR commitment.

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.

NB Plc Donates Cassava Facility to Imo Community

Nigerian Breweries Plc has commissioned a 2-ton daily cassava processing plant in Awo-Omamma, Imo State, creating jobs and generating ₦500 million annual revenue for the community.

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

Beta Glass Invests ₦85M in Nigerian Communities

Leading glass and packaging manufacturer Beta Glass PLC has made significant investments in community development while generating massive economic value for Nigeria's economy through job creation and local content.

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.

South-South Crucial to Nigeria's Blue Economy - Oyetola

Nigeria's Maritime Minister Adegboyega Oyetola reveals how the South-South region holds the key to unlocking Nigeria's multi-billion dollar blue economy potential through strategic investment and development.

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.

US-Nigeria Rift May Widen Poverty - Economist

Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.

Tinubu, Sultan Headline Nigeria Editors Conference

Nigerian President Bola Tinubu, Sultan of Sokoto, and Governor Hope Uzodimma will headline the 2024 All Nigeria Editors Conference in Owerri, focusing on national development and economic challenges.

Nigerians Maintain Faith in President Tinubu

Amid economic reforms and national challenges, President Bola Tinubu maintains significant public confidence as Nigerians recognize the necessity of difficult decisions for long-term prosperity.

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