Economic Diversification

9 Articles
Economy

Economic Hardship Painful but Necessary for Nigeria Growth Says Alake

Minister of Solid Minerals Development Dele Alake has said that the current economic hardship facing Nigerians is painful but necessary for the country’s...

Economy

Foreign Investment in Nigeria’s Manufacturing Sector Drops Sharply Despite Capital Inflow Surge

Foreign investment into Nigeria’s manufacturing sector has declined significantly over the past two years, raising concerns about weakening investor confidence in the real...

Economy

Peter Obi Says Aba Industry Can Rival Oil Revenue with Right Support

Former Anambra State Governor and Labour Party presidential candidate Peter Obi has stated that Nigeria’s garment and footwear industry in Aba, Abia State,...

World

India and Brazil Sign Critical Minerals Cooperation Agreement

India and Brazil have signed a cooperation agreement focused on critical minerals, marking a significant step in strengthening South South industrial ties amid...

Economy

National Assembly Faults FG Over Poor Funding of Livestock Ministry

The National Assembly of Nigeria has criticized the Federal Government of Nigeria for what lawmakers described as paying lip service to the development...

Economy

NPA Boss Urges Traders to Leverage New Export Channels for Global Competitiveness

The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has called on traders and investors to take advantage of newly introduced...

Economy

FG to Launch National MSME Census in 2026 After $200m Disbursement to Small Businesses

The Federal Government has unveiled plans to scale up support for Micro Small and Medium Enterprises in 2026, following the disbursement of 200...

World

Saudi Arabia Appoints New Investment Minister in Cabinet Reshuffle

Saudi Arabia announced the appointment of a new investment minister as part of a broader cabinet reshuffle issued by royal decree. The leadership...

Economy

Nigeria–UAE Comprehensive Economic Partnership Agreement Eliminates Tariffs on Thousands of Products

The Federal Government has announced the elimination of tariffs on 6,243 products imported from the UAE, while the UAE has removed tariffs on...