Category : Search result: Marine Economy


Nigeria's Fish Production Rises to 1.4m Tonnes

Minister Oyetola reveals Nigeria's local fish output increased to 1.4 million metric tonnes in 2025, a key step for food security and reducing imports. Discover the government's strategy for growth.

Nigeria risks losing maritime race to Indonesia

Nigeria is falling behind Indonesia in the blue economy race, warns Maritime Innovations Hub CEO Ronke Kosoko. Urgent investment and action are needed to close the gap. Read more.

German Factory Orders Rise More Than Expected

German industrial orders surged 1.5% in October, far exceeding forecasts. The rise, driven by defence procurement, signals a potential bottom for Europe's largest economy. Read the full analysis.

China Supports Nigeria's Port Modernisation Drive

China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.

Nigeria Loses Billions to Foreign Marine Experts

NIMENA chair Dr Eferebo Sylvanus reveals Nigeria loses billions annually to foreign marine expertise. Calls for indigenous classification body and technical sovereignty in maritime sector.

Nigeria's 15% maritime GDP triggers PPP push

Nigeria's low 15% maritime GDP contribution sparks urgent PPP drive to unlock N22.12 trillion blue economy potential through fisheries, tourism and port modernization.

Nigerian Navy: History, Commands & Key Facts

Explore the Nigerian Navy's evolution from colonial origins to Africa's largest maritime force. Discover its 7 key historical milestones and operational commands safeguarding Nigeria's waters.

German experts cut 2026 GDP forecast to 0.9%

German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.

German Factory Orders Decline in June 2024

Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

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