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Category : Search result: industrial downturn
Tinubu, Labour Talks Continue as NLC Defers Strike Decision
President Bola Tinubu met NLC leaders in Abuja. Joe Ajaero says no final decision yet, internal consultations ongoing. Will the planned strike proceed?
TETFund, NACCIMA Partner on Innovation & Industrial Research
TETFund and NACCIMA sign a strategic MoU to align academic research with industry needs, boost startups, and strengthen Nigeria's skills pipeline. Discover the key benefits.
FG Plans Raw Export Ban to Strengthen Local Economy
The Federal Government pins economic hopes on a new law banning raw material exports, aiming to create jobs and value. Experts warn a weak STI ecosystem could derail the plan. Read more.
Makinde pledges continued infrastructure delivery in Oyo
Oyo State Governor Seyi Makinde reaffirms commitment to critical infrastructure for economic growth. He assures completion of Oluyole Industrial Estate roads and seeks prayers for the state.
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.
High Energy Costs Threaten Nigerian Manufacturing - FG
The Federal Government warns that energy costs now consume 40-60% of manufacturers' expenses, eroding Nigeria's industrial edge. Minister John Owan Enoh calls for urgent action. Read more.
NIS CG's Arraignment for Perversion of Justice Adjourned
The National Industrial Court adjourns the arraignment of NIS Comptroller-General Kemi Nandap to March 2026 for police investigation. Read the full details of the case alleging obstruction of justice.
Man Uses Industrial Iron to Secure Home Against Kidnappers
A Nigerian man's innovative home security design using industrial galvanized angle iron goes viral on TikTok. His daughter explains how rising insecurity inspired the unusual protection method.
CSOs Question FG's $2.5bn JBS Farming Deal
Civil society organizations raise concerns about Nigeria's $2.5 billion industrial farming agreement with Brazilian company JBS, demanding transparency and protection for local farmers.
Tender: Used Generators Disposal in Lagos
Pan African Towers announces tender for disposal of 62 used generators. Bid submission deadline is December 3, 2025. Inspection available at Satellite Town location.
MMC 7.0: Energy Leaders Converge in Lagos
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
50 Youths Equipped with Advanced Safety Skills by NCDMB
NCDMB and Bellazir Limited have empowered 50 Nigerian youths with industry-ready skills in fire alarm, gas detection, and access control technologies to boost industrial safety and create jobs.
Anambra Factory Fire Destroys Millions in Goods
Massive fire destroys tissue papers and baby clothing worth millions at Nnewi factory. No casualties reported as firefighters battle early morning blaze. Read full details.
IMF Urges Germany to Enact Pro-Growth Reforms
The IMF calls for Germany to implement pro-growth structural reforms alongside increased public spending to ensure sustained economic recovery. Learn more about the challenges facing Europe's top economy.
25% of Lagos diseases caused by pollution - LASEPA
LASEPA reveals 25% of hospital diseases in Lagos stem from environmental pollution. 74 industries sanctioned. Report polluters for a healthier Lagos.
Nigeria International Trade Fair 2025 Opens in Lagos
The 2025 Nigeria International Trade Fair launched in Lagos with calls for industrial growth and policy consistency. Key officials emphasized investment opportunities and economic revival.
Teen Dies After Workplace Air Hose Prank Goes Wrong
15-year-old Muhammed Kendirci died after colleagues forced high-pressure air hose into his rectum during workplace prank in Turkey. Investigation ongoing.
Ogun State Advances Sustainable Waste Management
Ogun State government reaffirms commitment to building cleaner, safer industrial ecosystem through stakeholder workshop on waste management standards and solutions.
ASUU rejects FG salary increase as inadequate
Nigerian university lecturers reject government's proposed salary increment, describing it as insufficient to address 15-year-old challenges. Union warns of impending strike action.
Reliability: Nigeria's New Oil - NoteOpX Revolution
Discover how Nigerian startup NoteOpX is transforming industrial reliability with African-built asset management systems, saving millions and preventing failures across oil, gas and power sectors.
New LAUTECH Council Chairman Reveals Development Vision
Professor Oyelaran-Oyeyinka outlines plan to transform LAUTECH Teaching Hospital into a hub for healthcare excellence and rural industrial growth, inspired by China's poverty reduction model.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
China Retail Sales Growth Slowest in Over a Year
China's retail sales grew at just 2.9% in October 2025, the slowest pace in over a year, highlighting persistent consumer challenges. Discover the economic implications.
Amazon Expert Casts Doubt on Humanoid Robots
Amazon's chief roboticist challenges the practicality of humanoid robots for labour, highlighting the company's focus on functional automation. Discover the future of robotics.
Dangote, German Firm Build 4 New Fertiliser Plants
Dangote Fertiliser Limited partners with Germany's thyssenkrupp to construct four new urea plants in Lagos, boosting Nigeria's fertiliser output to over 8 million tons annually and strengthening export earnings.
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.
NMA Supports Striking Doctors: Healthcare Crisis Deepens
The Nigerian Medical Association solidly supports resident doctors as their industrial action enters day six, paralyzing healthcare services nationwide while urgent negotiations continue.
Presco Launches ₦250B Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc unveils ambitious ₦250 billion rights issue to finance expansion projects and strengthen market position in the competitive palm oil sector.
Imo State Revives Aluminium Company with ₦500M
Imo State Government injects ₦500 million to resuscitate the moribund Inyishi Aluminium Company, creating jobs and boosting local manufacturing in Southeast Nigeria.
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